On Tuesday, Ford (F) reported earnings that beat analysts' estimates, a result of strong U.S. sales that overcame the adverse impact of slumping Europe sales and lower profits in South America.
Walt Disney (DIS - Get Report) announced Tuesday it agreed to acquire Lucasfilm, the maker of the "Star Wars" movies, for $4.05 billion. Disney said it would make at least three more "Star Wars" movies, with the next release scheduled for 2015.
PVH (PVH - Get Report)agreed to buy Warnaco (WRC) for about $2.9 billion, a deal that will bring brands like Calvin Klein, Tommy Hilfiger and Speedo under one roof. PVH is buying Warnaco for $51.75 in cash and 0.1822 a share of PVH common stock for each Warnaco share. The deal values Warnaco at $68.43, a 34% premium over the last closing price of Warnaco of $50.99.
MasterCard (MA - Get Report) is forecast by analysts to report third-quarter earnings of $5.93 a share, while rival credit card company Visa (V)is seen posting fiscal fourth-quarter earnings of $1.50 a share. This Week's Key Earnings Reports
MetLife (MET), the insurance giant, is expected to report third-quarter earnings at $1.28 a share on revenue of $17.15 billion.
-- Written by Joseph Woelfel
>To contact the writer of this article, click here: Joseph Woelfel >To submit a news tip, send an email to: firstname.lastname@example.org.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts