Company News for October 26, 2009

• Verizon (NYSE:VZ - Analyst Report) reported third quarter earnings of 60 cents a share, almost inline with Zacks estimates, on revenues of $27.27 billion, also inline with expectations.  Wireless revenues gained 24% versus a year earlier

• Corning (NYSE:GLW - Analyst Report) announced third quarter earnings of 42 cents a share, beating Zacks estimates of 39 cents a share. Revenues of $1.50 billion beat Zacks projections of $1.43 billion.  CEO and Chairman noted, "The improvement we have seen over the past two quarters has increased our optimism for the fourth quarter"
 
• McGraw-Hill (NYSE:MHP - Analyst Report) reported third quarter results of $1.07, one cent ahead of Zacks estimates, on revenues of $1.88 billion, off estimates of $1.93 billion.  The firm expects 2009 sales down 7% versus a 5.5-6.5% drop, with earnings at the top end of a $2.20-$2.25 range

• Alberto-Culver (NYSE:ACV) reported fiscal fourth quarter earnings of 33 cents, one penny above Zacks estimates

• Lorillard (NYSE:LO - Analyst Report) reported third quarter earnings of $1.44 a share, a miss by 8 cents, on revenues of $1.42 billion

• RadioShack (NYSE:RSH - Analyst Report) posted third quarter earnings of 30 cents, inline with Zacks estimates, on revenues of $990 million

Read the full analyst report on VZ

Read the full analyst report on GLW

Read the full analyst report on MHP

Read the full analyst report on ACV

Read the full analyst report on LO

Read the full analyst report on RSH