TDY

NEW YORK (MarketWatch) -- Teledyne Technologies Thursday reported second quarter earnings of $16.1 million, or 47 cents a share, up from $9.9 million, or 30 cents a share in the year-earlier period. Sales rose 27% to $303.3 million from $238.9 million. Looking ahead, the Los Angeles company expects third quarter earnings to be in the range of 36 to 38 cents a share and full year 2005 earnings in the range of $1.67 to $1.71 a share. Shares of Teledyne Tech closed Wednesday at $35, up 33 cents.