Company News for October 30, 2009
• Sony (NYSE:SNE - Analyst Report) 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 - Analyst Report) 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 - Snapshot Report) 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 - Analyst Report) 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 - Analyst Report) 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 - Analyst Report), 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 - Snapshot Report) 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 - Analyst Report) raised its rating on Toll Brothers (NYSE:TOL - Snapshot Report) to "buy" and maintained $23 price target
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| Market Summary | Nov 20, 2009 23:10 pm ET |

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