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Corporate Summary



•    Advanced Micro Devices, Inc. (NYSE:AMD) posted third quarter earnings of $0.13 per share, ahead of the Zacks Consensus Estimate of $0.10 per share

•    Goodyear Tire & Rubber Co. (NYSE:GT) reported a profit of $161 million or $0.60 per share in the third quarter of 2011. Excluding special items, profits were $195 million or $0.72 per share, higher than the Zacks Consensus Estimate of $0.25 per share

•    Merck & Co. Inc. (NYSE:MRK) posted third quarter 2011 earnings per share (excluding special items) of $0.94, beating the Zacks Consensus Estimate of $0.91 per share

•    Chevron Corporation (NYSE:CVX) reported third quarter 2011 results earnings per share (excluding adjustments for foreign-currency effects) of $3.69, significantly higher than the Zacks Consensus Estimate of $3.42

•    Whirlpool Corp. (NYSE:WHR) announced that it has plans to slash over 5,000 jobs

•    Hewlett-Packard Company (NYSE:HPQ) said it has reversed its earlier decision of spinning off its personal computers unit

•    Morgan Stanley (NYSE:MS) initiated coverage on Bed Bath & Beyond Inc. (NASDAQ:BBBY) with an “Underweight” rating

•    Credit Suisse initiated coverage on Spectrum Brands Holdings, Inc. (NYSE:SPB) with an “Outperform” rating





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