Company News for October 30, 2009
• Sony (NYSE:SNE) said weak cell phone sales and lower PlayStation III console prices resulted in another quarterly loss. The firm also said full-year prospects improved from the company's aggressive cost-cutting measures
• Alcatel-Lucent (NYSE:ALU) reported its twelfth straight quarterly loss of $269 million. The firm said it expects operating results to break even by yearend
• Duke Energy (NYSE:DUK) reported third quarter earnings one cent above Zacks estimates at 40 cents, as revenues of $3.4 billion were below Zacks estimates of $4.25 billion. The company noted, "Industry sales volumes continued to show signs of stabilization"
• ITT Industries (NYSE:ITT) reported third quarter beat Zacks estimates by 14 cents a share, coming in at $1.03 on inline revenues of $2.7 billion, down 6.3%
• Coventry Health Care (NYSE:CVH) reported its third quarter of 68 cents topped Zacks estimates by 14 cents, on inline revenues of $3.44 billion, up 17.7%
• Aon (NYSE:AOC), reported third quarter results of 65 cents a share, a penny miss, on revenues of $1.81 billion. The firm set full-year guidance at $3.25-$3.45
• Constellation Energy (NYSE:CEG) posted third quarter earnings of $1.23, 16 cents above Zacks estimates, on revenues of $4.03 billion. The firm said it expects 2009 results of $3.25 to $3.45 a share
• Citigroup (NYSE:C) raised its rating on Toll Brothers (NYSE:TOL) to "buy" and maintained $23 price target
Read the full analyst report on SNE
Read the full analyst report on ALU
Read the full analyst report on DUK
Read the full analyst report on ITT
Read the full analyst report on CVH
Read the full analyst report on AOC
Read the full analyst report on CEG
Read the full analyst report on C
Read the full analyst report on TOL

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