Company/EPS Estimate
- (ASD)/.69
- (BAC)/1.06
- (BAX)/.65
- (BBT)/.84
- (LLY)/.88
- (FCS)/.20
- (MHP)/1.24
- (NUE)/1.15
- (PH)/1.23
- (PFE)/.52
- (PNC)/1.35
- (RS)/1.34
- (LUV)/.21
- (STI)/1.29
- (UNP)/1.77
- (UNH)/.92
- (WYE)/.89
- (BK)/.61
- (CAL)/2.18
- (STJ)/.45
- (RHI)/.46
- (COF)/-.28
- (AMD)/-.62
- (HCA)/.82
- (HSY)/.71
- (MHK)/1.64
- (MEL)/.60
- (PPG)/1.37
Allstate Corp. (ALL) lost $1.58, or 2.7 percent, to $56. The largest publicly traded home and auto insurer in the U.S. said third-quarter profit excluding investment gains was $1.54 a share. That's less than the $1.70 average estimate of analysts in a Bloomberg survey.
Bank of America Corp. (BAC) declined $1.63, or 3.3 percent, to $48.40. The second-largest U.S. bank said profit declined 32 percent in the third quarter after credit-market writedowns and loan losses. Profit excluding some items was 82 cents a share, falling short of the $1.06-a-share average estimate of 16 analysts surveyed by Bloomberg.
Bank of New York Mellon Corp. (BK) gained 43 cents, or 1 percent, to $44.39. Bank of New York said earnings rose 82 percent in the third quarter after acquiring Mellon Financial Corp. to form the world's largest custodian of financial assets. Excluding merger-related costs, profit was 67 cents a share, beating the average analyst estimate of 61 cents a share.
Callaway Golf Co. (ELY): The company, whose equipment is used by professional golfers including Phil Mickelson, boosted its forecast, predicting earnings of as much as 89 cents a share this year. Callaway shares lost 30 cents, or 1.9 percent, to $15.27 yesterday.
Hershey Co. (HSY) lost $1.30, or 2.9 percent, to $42.99. The largest U.S. candy maker reported third-quarter profit that fell more than analysts estimated and lowered its annual earnings and sales forecasts on higher dairy expenses and competition from Mars Inc.
Nokia Oyj American depositary receipts (NOK) gained $1.57, or 4.3 percent, to $38.10. The world's biggest maker of mobile phones said third-quarter profit surged 85 percent, beating analysts' estimates, as new models helped capture market share from Motorola Inc.
SAP AG American depositary receipts (SAP) lost $1.59, or 2.8 percent, to $54.71. The world's largest maker of business- management software reported third-quarter profit that increased less than half the pace of rival Oracle Corp., as revenue in the Americas trailed analysts' estimates.
Simpson Manufacturing Co. (SSD): The maker of specialty connectors used in housing construction reached an agreement with union employees at its Stockton, California, manufacturing facility and said it expects to operate all scheduled shifts today. The company said it didn't experience any significant interruption in service to customers. The shares fell 39 cents to $29.93 in regular trading.
Textron Inc. (TXT) gained $2.87, or 4.5 percent, to $67. The world's biggest maker of business jets through its Cessna unit reported third-quarter profit that beat analyst estimates because of increased aircraft deliveries. The company also boosted its full-year forecast.
UnitedHealth Group Inc. (UNH) rose 90 cents, or 1.9 percent, to $49.50. The largest U.S. health insurer said in a statement on Business Wire that third-quarter earnings rose 15 percent as government-sponsored drug and medical plans for the elderly became more profitable. The profit of 95 cents a share topped the 92-cent average estimate of 16 analysts surveyed by Bloomberg.
