CVS Caremark Corporation (NYSE: CVS), today announced revenues, operating profit, and earnings for the second quarter ended June 30, 2009.Revenues: Net revenues for the second quarter of 2009, increased $3.7 billion to $24.9 billion, up from $21.1 billion during the second quarter of 2008.

Frontier Communications (NYSE:FTR) today reported second-quarter 2009 revenue of $532.1 million, operating income of $136.6 million and net income attributable to common shareholders of Frontier of $27.9 million.

Church & Dwight Co., Inc. (NYSE:CHD) today reported net income for the quarter ended June 26, 2009 of $58.2 million or $0.81 per share, compared to last year’s reported net income of $45.8 million or $0.66 per share. Excluding the previously announced plant restructuring charge of $0.05 per share, this year’s second quarter earnings were $0.86 per share.

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Though the January employment numbers were ugly, they were not surprising. The unemployment rate jumped to 7.6%, its highest level since 1992. Approximately 598,000 jobs were shed. Bloomberg News calculated that we are in the biggest employment slump since World War II.

What is surprising is the pace at which the economy is contracting.

During the first-half of 2008, the unemployment rate averaged 5.15%. Since then, things have gone downhill. It took the employment rate just 9 months to rise from 5% (April) to 7.2% (December).

GDP has deteriorated at an equally fast rate. The economy grew at a 2.8% pace in the second quarter. In the fourth quarter, the economy contracted 3.8%.

Other economic data show a similar story. For example, the ISM Manufacturing survey plunged from 49.5 in July to 35.6 last month. As a friend of my said last night, it's not the economy that is hurting

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Here are the stocks added to the Zacks #1 Rank ("strong buy") List today:

The Advisory Board Co (ABCO) Koninklijke Ahold NV (AHONY) Alliance Imaging Inc (AIQ) Amerisafe Inc (AMSF) Arena Pharmaceuticals Inc (ARNA) Ariad Pharmaceuticals Inc (ARIA) AspenBio Pharma Inc (APPY) AstraZeneca plc (AZN) BASF SE (BASFY) CBIZ Inc (CBZ) Chemed Corp (CHE) Church & Dwight Co Inc (CHD) CombinatoRx Inc (CRXX) Continucare Corp (CNU) deCODE genetics Inc (DCGN) EZCORP Inc (EZPW) Hellenic Telecom Organization SA (OTE) Horsehead Holding Corp (ZINC) Human Genome Sciences (HGSI) Jackson Hewitt Tax Service Inc (JTX) Jazz Pharmaceuticals Inc (JAZZ) Kirkland's Inc (KIRK) La Jolla Pharmaceutical Co (LJPC) MAKO Surgical Corp (MAKO) Mitsubishi UFJ Financial Group Inc (MTU) NovaMed Inc (NOVA) Pactiv Corp (PTV) Reed's Inc ...

Companies highlighted in this weekly wrap include Comfort Systems USA, Inc. ( FIX), Church & Dwight Co., Inc. (CHD), Shenandoah Telecommunications Co. (SHEN), Allied World Assurance Company Holdings Ltd. (AWH) and Perrigo Co. (PRGO).

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Comfort Systems USA, Inc. ( FIX) traded ahead of the Dow Jones ($DJI), S&P 500 (SPX) and NASDAQ (COMP) during the past year. The company offers solid fundamentals, including very low levels of debt as evidenced by a debt-to-capital ratio of just 4%.

Recent Events

In mid-November, the company increased its stock repurchase program to increase the shares authorized and remaining as available to purchase back up to 1,000,000 shares. Comfort Systems can acquire up to 964,316 additional shares of its outstanding common stock.

Quarterly Results Reflect Growth

In late October, the company reported third-quarter results. Earnings per share of 34 cents came in above

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Archer Daniels Midland Co. (ADM) shares are trading on unusually high volume. Stock slipped just about 13% midday.

Shares of Church & Dwight Co Inc. (CHD) are experiencing unusually low trading volume. The company stock is down almost 2% in the afternoon session.

"ADM" Free Stock Analysis: Buy? Sell? Hold?"CHD" Free Stock Analysis: Buy? Sell? Hold?Zacks Investment Research

Here are the stocks added to the Zacks #1 Rank ("strong buy") List today:

Aaron Rents Inc (RNT) ADA-ES Inc (ADES) Ajinomoto Co Inc (AJINY) Alleghany Corp (Y) Apollo Group Inc (APOL) Atmos Energy Corp (ATO) Bio-Imaging Technologies Inc (BITI) Calumet Specialty Products Partners LP (CLMT) CARBO Ceramics Inc (CRR) Care Investment Trust Inc (CRE) Cell Therapeutics Inc (CTIC) China Agritech Inc (CAGC) China Information Security Tech Inc (CPBY) Church & Dwight Co Inc (CHD) CTI Industries Corp (CTIB) DXP Enterprises Inc (DXPE) ev3 Inc (EVVV) Hellenic Telecom Organization SA (OTE) ICT Group Inc (ICTG) Ikanos Communications Inc (IKAN) Integra LifeSciences Holdings Corp (IART) James Hardie Industries NV (JHX) La Jolla Pharmaceutical Co (LJPC) Labopharm Inc (DDSS) Lincoln Educational Services Corp (LINC) Macrovision Solutions ...

Companies highlighted in this weekly wrap include Techne Corp. (TECH), American Science & Engineering (ASEI), Church & Dwight Co., Inc. (CHD), General Dynamics Corp. (GD) and Abbott Laboratories (ABT).

< ?DART(15);?> Techne Corp. (TECH), which continues to sport a Zacks #1 Rank (“strong buy”), has seen its share price increase since it was last featured as a Growth and Income play. Earnings estimates are also on the rise as analysts forecast year-over-year growth of 11%.

Earnings estimates for the year ending June 2009 are at $2.93 per share, above the two months-ago level of $2.90.

TECH is trading 5% higher than it was when featured in mid-November.

The company sports a strong balance sheet with no debt. TECH's return on equity (ROE) of 23% is ahead of the industry average. The company's dividend yield of 1.6 also

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Here are the stocks added to the Zacks #1 Rank ("strong buy") List today:

Ajinomoto Co Inc (AJINY) American Physicians Capital Inc (ACAP) AstraZeneca plc (AZN) BioCryst Pharmaceuticals Inc (BCRX) Chattem Inc (CHTT) China TransInfo Technology Corp (CTFO) China-Biotics Inc (CHBT) Church & Dwight Co Inc (CHD) Conmed Healthcare Management Inc (CMHM) Corinthian Colleges Inc (COCO) EF Johnson Technologies Inc (EFJI) Exelixis Inc (EXEL) Gladstone Capital Corp (GLAD) Greatbatch Inc (GB) Haemonetics Corp (HAE) Heritage-Crystal Clean Inc (HCCI) Lufkin Industries Inc (LUFK) ManTech International Corp (MANT) Metabasis Therapeutics Inc (MBRX) MYR Group Inc (MYRG) Neogen Corp (NEOG) NeuroMetrix Inc (NURO) Nile Therapeutics Inc (NLTX) Prestige Brands Holdings Inc (PBH) PSS World Medical Inc (PSSI) Rome Bancorp Inc (ROME) Saga Communications Inc (SGA) ...