The Top Ten Stocks for July 16

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July 16 (Bloomberg) -- Bloomberg's Trish Regan, Alix Steel and Julie Hyman report on today’s top ten stocks on “Street Smart.” (Source: Bloomberg)

Down two percent.

Profits declined 43% as it spent $4 billion to cover litigation costs.

The company is also said to reiterated offer to pay about her teen billion dollars -- about $13 billion to federal and state backed mortgages.

Number nine, the regional bank falling today the most in 20 months, and it has to do with its forecasting expenses that may rise in the third quarter while revenues decline.

And number eight is blackrock.

The world but -- biggest money manager is saying it is adding money to it's fun.

Number seven, csx corp.

In the green.

Group -- second-quarter earnings beat estimates by a penny.

Csx said it expects a meaningful earnings growth in the first quarter.

-- fourth quarter.

Number six, second-quarter earnings were above what estimate he -- what was estimated.

Number five is hershey's, down citing rising costs and utilities.

The company said 2014 sales growth will be at the lower end.

Not just coco, though, which is a 33% for the year.

Milk prices are up as well as almond prices.

And what did i do after i read this?

I went and got some chocolate.

You know me.

If i'm going to spend money on chocolate, it's a good kind.

Especially if they are raising the prices.

You might as well spend a bit more than that and get quality.

They are still raising prices.

If you see commodities come down at some point, does that help the margin?

You are laughing.

I am laughing because you are the commodities queen.

I know.

Number four is intel, up at a 10 year high after third-quarter sales topped analyst estimates.

The pc market may be recovering from a two-year slump.

The stock has gained more than 30% this year.

And ibm is up after settling a decade old rivalry with apple.

This will allow apple to grab it potentially bigger market of corporate users.

And number two, down in the second quarter.

The internet company did have good news for investors.

Coming up on the number one stock of the day.

You knew this one was coming.

Time warner incorporated.

Check this out.

Up almost 17% and change.

It had been up as much as 18% at one point.

The company confirmed a cash and stock offer from 21st century fox.

According to a person familiar with the matter, foxx is said to be willing to raise it $75 billion offer up to $85 billion.

[closing bell] i will be getting reaction momentarily from martin sorrell.

This text has been automatically generated. It may not be 100% accurate.

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