Stocks to Watch On Thursday October 22, 2009: AMGN, EBAY, T, FITB, GR, OXY, PM, HOT, UPS, XRX
Amgen, Inc., (AMGN): Founded in 1980, based in Thousand Oaks, California, Amgen, Inc., is a biotechnology company.
On Tuesday, October 20, AMGN traded 10.8 million shares during the trading ours and closed at $58.14. Analysts are expecting a profit of $1.27 for the quarter ended September 2009, 4 cents more than its actual profit it posted in the same quarter a year ago. Earnings for the quarter ended September 2009, is scheduled to be released on Wednesday October 21, 2009, after market close.
Ebay, Inc., (EBAY): Founded in 1995, headquartered in San Jose, California, Ebay, Inc., provides online marketplace for the sale of goods and services, online payments services, and online communication offerings to individuals and businesses in the United States and internationally.
Ebay last traded for $23.06 at the close of trading day on Tuesday October 20, 2009, with an average volume of 17.7 million shares per day. The stock price is trading just below its 52 week high of $25.48. Market is expecting a profit of 37 cents on revenue of 2,14 billion for the quarter ended September 2009, drop of 9 cents compared to its actual profit of 46 cents it posted in the same quarter a year ago. Earnings for the quarter ended September 2009 is scheduled to be released on Wednesday October 21, 2009, after market close.
AT&T, Inc., (T): Founded in 1983, based in Dallas, Texas, AT&T, Inc., provide provide communications services to businesses and consumers in the United States.
AT&T shares traded at $25.99 close to its 52 week range of 30.65 at the end of trading session on October 20, 2009, with a total volume of 34 million shares for the day. Market is expecting a profit of 50 cents a share for the quarter ended September 2009, a jump of 3 cents compared to its actual profit it posted a year ago in the same quarter. Earnings for the quarter is scheduled to be released on Thursday October 22, 2009, before market open.
Fifth Third Bancorp, (FITB): Founded in 1862, headquartered in Cincinnati, Ohio, Fifth Third Bancorp, operates as a diversified financial services holding company.
At the end of trading session on Tuesday October 20, 2009, FITB traded a total volume of 27 million shares, and closed at 10.58. Analysts are expecting a loss of 17 cents for the quarter ended September 2009, 3 cents better than its actual loss of 14 cents it posted a year ago in the same quarter. Earnings for the quarter ended September 2009, is scheduled to be released on Thursday October 22, 2009, before market open.
Goodrich Corp, (GR): Founded in 1912, headquartered in Charlotte, North Carolina, Goodrich Corporation, is a supplier of aerospace components, systems, and services worldwide.
GR traded a total volume of 2.1 million shares during the trading session on Tuesday October 20, 2009, and closed at $55.39. Market is expecting a profit of $1.03 per share for the quarter ended September 2009, a 30 cents drop compared to its actual profit it posted a year ago in the same quarter. Earnings for the quarter ended September 2009 is scheduled to be released on Thursday October 22, 2009 before market open.
Occidental Petroleum Corporation, (OXY): Founded in 1920, based in Los Angels, California, Occidental Petroleum Corporation, operates as an oil and gas exploration and production company.
Currently trading at $81.69 close to its 52 week high of $83.25, with an three months average volume of 5.1 million shares per day. Analysts are expecting a profit of $1.07 per share for the quarter ended September 2009, a drop of $1.71 compared to its actual profit it posted a year ago in the same quarter. Watch for its earnings for the quarter ended September 2009 on Thursday October 22, 2009 before market open.
Philip Morris International, Inc., (PM): The company manufactures and sells cigarettes and other tobacco products in markets worldwide.
On Tuesday October 20, 2009, PM traded a total volume of 8.6 million shares during the trading session, and closed at $51.55, just under its 52 week high of $52.35. Market is expecting a profit of 91 cents a share for the quarter ended September 2009, a drop of 2 cents compared to its actual profit it posted in the same quarter a year ago. Watch for the earnings for the quarter ended September 2009 on Thursday October 22, 2009 before the market open.
Starwood Hotels & Resorts Worldwide Inc., (HOT): Founded in 1969, based in White Plains, New York, Starwood Hotels & Resorts, operates as a hotel and leisure company worldwide.
As of the closing of trading session on Tuesday October 20, 2009, a total volume of approximately 4 million shares traded on NYSE, and the stock closed at $34.84. Market is expecting a profit of 10 cents for the quarter ended September 2009, a drop of 61 cents compared to its actual profit of 71 cents it posted in the same quarter a year ago. Earnings for the quarter ended September 2009, is scheduled to be released on Thursday October 22, 2009 before market open.
United Parcel Service, Inc., (UPS): Founded in 1907, headquartered in Atlanta, Georgia, United Parcel Service, Inc., is a package delivery company, provides transportation, logistics, and financial services in the United States.
Last traded for $57.73 on Tuesday October 20, 2009. The stock trades a 3 month average volume of approximately 4 million shares a day. Market is expecting a profit of 52 cents a share for the quarter ended September 2009, a drop of 44 cents a share compared to its actual profit it posted a year ago in the same quarter. Watch for earnings for the quarter ended September 2009 on Thursday October 22, 2009 before market open.
Xerox Corporation, (XRX): Founded in 1906, headquartered in Norwalk, Connecticut, Xerox Corporation, manufactures document equipments, software solutions and services worldwide.
Currently trading an average of approximately 14 million shares per day on NYSE, and closed at $7.87 as of the close of trading session on Tuesday October 20, 2009. Market is expecting a profit of 12 cents per share on revenue of 3.63 billion for the quarter ended September 2009, a drop of 17 cents compared to its actual profit it posted in the same quarter a year ago. Earnings for the quarter ended September 2009, is scheduled to be released on Thursday October 22, 2009 before the market open.
