Stocks to Watch: Chevron, Starbucks, AIG
NEW YORK -- Chevron (CVX) is expected by analysts Friday to report third-quarter profit of $2.83 a share on revenue of $64.1 billion in the September-ended period.
Energy Stocks Face Their Own Fiscal Cliff
Other companies posting earnings Friday include Berkshire Hathaway (BRK.B), Dendreon (DNDN), Madison Square Garden (MSG), Progressive Corp. (PGR), Sealed Air (SEE) and Washington Post (WPO).
Starbucks (SBUX), the coffee giant, on Thursday beat Wall Street's earnings view by a penny, hiked its fiscal 2013 forecast, outlined ambitious growth plans and lifted its quarterly dividend by more than 20%. Starbucks, Priceline.com: After-Hours Trading
Insurance giant AIG (AIG) posted third-quarter earnings of $1.86 billion, or $1.13 a share, in the September-ended quarter on Thursday. A year earlier, AIG reported a loss of $4 billion. Operating income in the latest quarter was $1 a share; analysts expected 87 cents.
Priceline.com's (PCLN) quarterly results came in above analysts' forecasts. The quarter featured a a 25.2% jump in gross bookings to $7.8 billion. Netflix CEO Reed Hastings Hates Carl Icahn Right Now
LinkedIn (LNKD) posted third-quarter adjusted earnings on Thursday that topped forecasts as revenue jumped 81%.
Advance Auto Parts (AAP) has hired advisers to explore a potential sale of the company to private equity, according to multiple reports, in a deal that could top $6 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: tips@thestreet.com.
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