• Asian stocks rise for first day in three on profit optimism; Toyota gains.
  • Bank of Ireland wrote off euro1.8 billion ($2.7 billion) in bad loans in its first half.
  • Baker Hughes's Sept. net income fell from $429M last year to $55M this year.
  • Comcast's Sept. net income rises from $771M last year to $944M this year.
  • Devon Energy's Sept. net income declines from $2.6B last year to $499M this year.
  • Crown Castle Intl reported a slightly narrower Q3 loss, but the loss was greater than expected.
  • El Paso Corp.'s Q3 profit sank 85% to $67M on slumping natural gas prices, derivative impacts.
  • Ford said its US sales rose 3% last month from a year ago while GM's climbed 4.7%.
  • Ford sold $2.5 billion of convertible notes, 25% more than planned.
  • Foster Wheeler's Sept. net income declines from $128M last year to $90M this year.
  • Hartford posted net loss was $220M compared with $2.63B, in the year-earlier period.
  • Healthsouth beats by $0.14, reports Q3 EPS of $0.38. Revs up 3.8% at $472.7M.
  • J&J plans to lay off as many as 8,400 employees -- 7% of its global work force in 2011.
  • Marsh & McLennan's Sept. net income jumps from an $8M loss last year to a $221M gain.
  • MasTec to acquire Precision Pipeline, LLC for a purchase price consideration of $150M.
  • Novartis to spend $1B in setting up R&D centre in China.
  • Omnicare will pay $98M to settle kickback charges that it engaged in several drug makers.
  • ONEOK Partners posts Q3 EPS of $1.00 (cons $0.87); revenues fell 30.4% to $1.56B.
  • Pitney Bowes Q3 profit up 5.1% at $103.2M on fewer charges, rev falls 12% to $1.36B.
  • Pulte Homes' Sept. loss rises from $280M last year to $361M this year.
  • Radian's Sept. net income declines from pos. $37M last year to neg. $70M this year.
  • Royal Caribbean's Q3 net falls 44% to $230.4M, as pricing remained soft.
  • Sinclair Broadcasting Group's Sept. operating income drops from $37.4M last year to $35.7M.
  • Societe Generale's Q3 net more than doubled to €426M; revs triple to €1.77B.
  • Swiss Re Net income was 334 million Swiss francs ($327 million) on investment gains
  • Telstra Crop says breakup could cost up to A$1.2B.
  • Time Warner's Sept. net income drops from $1.1B last year to $661M this year.
  • Tinto Group's Cloud Peak Energy coal unit may raise about $1B in New York IPO.
  • TRW's Oct. net income improves from a $54M loss last year to a $56M gain this year.
  • Unum Q3 profit doubles to $221.1M on prior-year investment losses. Revs up 3.1%.
  • Warnaco's Sept. operating income rises from $48M last year to $60M this year.

Recent Egan-Jones Rating Actions

VULCAN MATERIALS CO (VMC)
HERBALIFE LTD (HLF)
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NEWMONT MINING CORP (NEM)
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