J.C. Penney, Agilent: Friday's Headlines

NEW YORK (TheStreet) -- Here are the top stock market headlines for the morning of Friday, Nov. 13, 2009.

Friday's Earnings Roundup

• J.C. Penney (JCP Quote) reported third-quarter earnings of 11 cents a share, falling a penny shy of the Thomson Reuters average estimate. Sales fell 3.2% from a year ago to $4.18 billion, matching consensus targets. Looking ahead to the fourth quarter, J.C. Penney offered in-line guidance for earnings and revenue.
• Abercrombie & Fitch (ANF Quote) posted third-quarter adjusted earnings of 30 cents a share, well ahead of the 20-cent-a-share target analysts were looking for. Sales fell 14.6% from a year ago to $765.4 million, also better than expected.
• Agilent (A Quote) said it had fiscal fourth-quarter adjusted earnings of 32 cents a share, better than the Thomson Reuters average estimate of 23 cents a share. Revenue fell 21.2% from a year ago to $1.17 billion, also ahead of estimates. For the fiscal fourth quarter, Agilent offered better-than-expected earnings guidance.
• Disney (DIS Quote) late Thursday posted fiscal fourth-quarter earnings of 46 cents a share, coming in a nickel better than the average analyst estimate. Revenue climbed 4.5% from a year ago to $9.87 billion, also topping expectations.