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Excerpt from our Wall Street Breakfast, a one-page summary of this morning's key market-moving and stock-moving stories:

Toyota's 2nd-Quarter Net Rises 34% on Overseas Sales [Bloomberg]

Summary: Toyota's Q2 net income jumped 34% to ¥405.7 billion ($3.45b), smashing the ¥350b median estimate of analysts surveyed by Bloomberg. Sales grew 17.3% to ¥5.83 trillion ($49.4b). Toyota raised its full-year guidance for net income by 18% to ¥1.55t ($13b), sales +4% to ¥23.2t ($197b) and operating profit +16% to ¥2.2t ($19b). Year-to-date through October, Toyota added 2% to its market share in the U.S. to 15.2%, as its sales grew 12% -- General Motors market share fell 1.8% and Ford lost 0.8%. Toyota-ADR-TM-1yr-chart-110606 Its sales were strongest in N. America in Q2, gaining 19%. Toyota raised its first-half dividend by more than 40% to ¥50/share. Toyota's ordinary shares gained 1% to close at ¥7,100 ($120.48 ADR equivalent at ¥117.86/US$1) ahead of its earnings announcement. Its ADRs closed yesterday at $119.73.
Related links: Toyota press releases: Toyota H1 Earnings Share Repurchase UpdateCollaboration Agreement Signed with Isuzu Additional earnings coverage: Forbes-AP and Washington Post-Reuters Seeking Alpha commentary:Honda: Sales Surge, But Earnings Hurt By Derivatives LossesNissan's Earnings Surprise to Upside; Sales Hurt Again by Lack of New ModelsGM Posts Q3 Loss But Beats Street -- Shares RiseFord Bleeds $5.8 Billion in Q3; SUV's, Foreign Competition To BlameDaimlerChrysler Might Spin Off Chrysler After Division Posts $1.5 Billion Q3 Loss
Potentially impacted stocks and ETFs: Toyota (TM), Honda (HMC), Nissan (OTCPK:NSANY), General Motors (GM), Ford (F), DaimlerChrysler (DCX) • ETFs: BLDRS Asia 50 ADR Index (ADRA), BLDRS Developed Markets 100 ADR Index (ADRD), iShares NYSE Composite Index (NYC)

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Source: Toyota Beats with Record Earnings, Raises Guidance and Dividend