Company News for October 29, 2009

• Aetna (NYSE:AET - Analyst Report) reported third quarter earnings of 69 cents a share, 3 cents better than Zacks estimates, on revenues of $8.72 billion, up 14.4%.  The company sees full year earnings of $2.75 a share

• OfficeMax (NYSE:OMX - Snapshot Report) posted third quarter earnings of 8 cents, 6 cents below Zacks estimates on inline revenues of $1.83 billion, down 12.6%. The firm issued cautious guidance, anticipating macro employment trends will not turn positive well into 2010

• Nintendo (NASDAQ:NTDOY) posted first half profits off 52% to $768 million, while sales dropped 34.5%. The company slashed its dividend for the first half by 37%

• Newmont Mining (NYSE:NEM - Analyst Report) reported third quarter earnings of 79 cents a share, 24 cents above Zacks estimates, as revenues of $2.05 billion, up 49.5%, bested Zacks estimates of $1.78 billion

• Royal Dutch Shell (NYSE:RDS.A) reported a 73% drop in net profit, with earnings ex-items of $2.62 billion slightly ahead of estimates of $2.55 billion. The company noted, "We see some indications that energy demand and pricing are improving, but the outlook remains very uncertain and we are not expecting a quick recovery"

• Motorola (NYSE:MOT - Analyst Report) reported third quarter results of one penny on better-than-expected revenues of $5.45 billion. The company expects fourth quarter earnings from continuing operations of 7-9 cents

• Colgate-Palmolive (NYSE:CL - Analyst Report) reported third quarter results of $1.12, one penny above Zacks estimates, of inline revenues of $4 billion, up 0.3%

• Moody's (NYSE:MCO - Analyst Report) reported third quarter earnings of 43 cents a share, a nickel above Zacks expectations, on better-than-expected revenues of $452 million, up 4.2%

• Procter & Gamble (NYSE:PG - Analyst Report) posted fiscal first quarter earnings of $1.06, 9 cents above Zacks estimates, on inline revenues of $19.8 billion, down 6%