This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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
TheStreet Open House

Stocks to Watch: AIG, Procter & Gamble

Stocks in this article: AIG PG VIA LNKD ATVI

NEW YORK -- American International Group (AIG - Get Report) reported second-quarter after-tax operating income of $1.9 billion, or $1.06 a share, topping analysts' estimates of 57 cents a share.

Revenue rose 3% to $17.12 billion.

AIG said after-tax operating income for its combined insurance operations was $1.9 billion during the second quarter, increasing from $1.5 billion a year earlier.

During the second quarter, the insurance giant repaid all the loans it owed to the Federal Reserve as part of bailout funding it received in 2008 and 2009.

AIG Blows Out Quarter


Procter & Gamble (PG - Get Report), the consumer products giant, is expected by analysts Friday to post fiscal fourth-quarter earnings of 77 cents a share on revenue of $20.26 billion.


LinkedIn (LNKD - Get Report), the social networker, met Wall Street earnings expectations for its second quarter, but beat on the top line.

LinkedIn reported Thursday second-quarter earnings of 16 cents a share on revenue of $228.2 million. Analysts were expecting profit of 16 cents a share on revenue of $216.28 million.

LinkedIn said it expects third-quarter sales of $235 million to $240 million. Analysts expect $236.1 million.

LinkedIn Leaps on Strong Earnings, Guidance


Viacom (VIA) is expected by analysts Friday to post a quarterly profit of $1 a share on revenue of $3.49 billion.


Activision Blizzard's (ATVI - Get Report) second-quarter adjusted results topped estimates on both the top and bottom lines.

Activision, the publisher of video game Call of Duty, earned 20 cents a share on an adjusted basis in the quarter, up from 10 cents a year earlier. Adjusted revenue was $1.05 billion, up from $699 million.

Analysts were expecting adjusted earnings of 12 cents a share on revenue of $836.3 million.


-- Written by Joseph Woelfel



>To contact the writer of this article, click here: Joseph Woelfel

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link 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

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, 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
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,164.95 -251.90 -1.45%
S&P 500 1,994.99 -26.26 -1.30%
NASDAQ 4,635.24 -48.1670 -1.03%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs