This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

10 Stocks to Watch: Archer Daniels, Barclays

NEW YORK ( TheStreet) -- Grains transport company Archer Daniels Midland (ADM - Get Report) said fourth-quarter earnings were 58 cents a share, below analysts' forecasts of 85 cents a share and 69 cents a share last year.

Shares were falling 3.8% to $29.32 in premarket trading Tuesday.

British bank Barclays (BCS) said profit for the first half of 2011 fell 38% from a year earlier as the bank recorded a charge of 1 billion pounds to compensate customers who were sold faulty payment protection insurance, and as it suffered losses on acquisitions and disposals.

However, Barclays said adjusted pretax profit in the first half rose 24% to 3.68 billion pounds. The bank also said it would cut about 3,000 jobs this year in an effort to control costs.

Shares were spiking 3.1% to $14.80.

Satellite radio company Sirius XM Radio (SIRI - Get Report) reported second-quarter earnings of 3 cents a share vs. the consensus target of a penny.

Shares were rising 2.8% to $2.17.

Drug company Pfizer (PFE - Get Report) reported adjusted second-quarter earnings of 60 cents a share, topping analysts' estimates by a penny.

Revenue fell 1% to $17 billion from a year ago.

Shares were falling 1.3% to $18.77.

NYSE Euronext (NYX) reported second-quarter net income, excluding merger expenses, of $160 million, or 61 cents a share, compared with $167 million, or 64 cents a share, a year earlier. Analysts surveyed by Thomson Reuters expected the stock exchange operator to earn 60 cents a share.

When including merger expenses, earnings fell 16%. NYSE is in a $9 billion merger agreement with Germany's Deutsche Boerse.

Shares were falling 0.9% to $32.70.

Japanese electronics company Sony (SNE - Get Report) was rising 0.7% to $25.25 after saying that it plans to restructure its money-losing TV business.

A report says that major shareholders plan to push publishing company McGraw-Hill (MHP) toward a reorganization.

According to The Wall Street Journal, hedge fund Jana Partners and the Ontario Teachers' Pension Plans want the company to separate its textbook operations from its Standard & Poor's ratings unit. The investors have increased their joint stake in McGraw-Hill to 5.2% of its outstanding stock, the Journal reported.

Emerson Electric (EMR - Get Report) reported third-quarter profit of 90 cents a share, meeting estimates.

German dialysis company Fresenius Medical Care ( FMS ) said it will buy Liberty Dialysis Holdings, the holding company for Liberty Dialysis and Renal Advantage, for about $1.7 billion. Fresenius Medical Care is also buying American Access Care Holdings for $385 million.

This, after the company reported that its second-quarter net income increased 5% to $261 million and its net revenue for the quarter increased 8% to $3.19 billion.

Toyota (TM - Get Report) earned 1.16 billion yen ($15 million) in the fiscal first quarter, down more than 99% from a year earlier, but Japan's biggest carmaker raised its forecast for fiscal-year earnings.

Toyota's profit in the first quarter fell from 190.5 billion yen a year earlier. Analysts surveyed by Thomson Reuters were expecting Toyota to post a loss of 78.07 billion in the first quarter.

-- Written by Andrea Tse in New York.

>To contact the writer of this article, click here: Andrea Tse.

Related links:

Copyright 2011 Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
NYX $0.00 0.00%
ADM $39.10 -2.88%
BCS $9.65 -4.27%
EMR $54.67 -0.98%
FMS $43.73 -1.04%


Chart of I:DJI
DOW 17,750.91 -140.25 -0.78%
S&P 500 2,063.37 -18.06 -0.87%
NASDAQ 4,763.2240 -54.37 -1.13%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs