NEW YORK -- Deere (DE - Get Report) reports earnings Wednesday and Wall Street is looking for a profit of $1.88 a share from the agricultural equipment maker in its fiscal fourth quarter on revenue of $8.85 billion.
Shares of Deere have risen roughly 11% so far in 2012.
News Corp (NWSA - Get Report)has expressed interest to CBS (CBS - Get Report)about acquiring its Simon & Schuster book business, according to people familiar with the talks, The Wall Street Journal reported. News Corp owns HarperCollins Publishers and the Journal. The people described the discussions as preliminary and cautioned that a deal isn't imminent, the newspaper said.
Zale, the jewelry retailer, reported a wider-than-expected fiscal first-quarter loss on Tuesday. Zale posted a loss of $28.3 million, or 88 cents per share, on revenue of $357.5 million. Analysts were expecting a loss of 68 cents a share on revenue of $365.6 million. Zale said it expects to be profitable for fiscal 2013. 5 Short-Squeeze Plays Primed for Quick Profits
Scholastic (SCHL), the publishing company, lowered its fiscal-year outlook after Tuesday's closing bell. Market Preview: Let's Make a Deal
-- Written by Joseph Woelfel
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