Stocks to Watch: Coca-Cola, Apple, Goodyear
NEW YORK -- Coca-Cola (KO) is expected by analysts Tuesday to post fourth-quarter earnings of 44 cents a share share on revenue of $11.54 billion.
The company split its stock two-for-one over the summer.
The world's biggest beverage company earned $1.65 billion, or 72 cents a share, in the quarter a year earlier, which included certain restructuring charges. Revenue in the year-earlier period was $11.04 billion.
Apple (AAPL) CEO Tim Cook is speaking at the Goldman Sachs Technology and Internet Conference in San Francisco on Tuesday. TheStreet will be live-blogging the event.
Goodyear Tire & Rubber (GT) is expected by Wall Street analysts to earn 20 cents a share in the fourth quarter on revenue of $5.34 billion.
Film studio Lions Gate Entertainment (LGF) swung to a profit in its fiscal third quarter as revenue soared on the back of the success of the "Twilight" series finale. Lions Gate posted net income of $37.8 million, or 27 cents a share; a year earlier, it posted a loss of $1.4 million, or a penny a share. Revenue rose 130% to $743.6 million. Analysts were looking for earnings of 19 cents a share on sales of $723 million. 3 Tech Stocks Spiking on Unusual Volume
U.K. bank Barclays (BCS) said Tuesday it would cut at least 3,700 jobs in a major restructuring following a series of scandals.
Rexnord (RXN) said Monday it initiated a review of strategic alternatives, including a possible sale of the maker of ball bearings and plumbing products. 5 Rocket Stocks Ready for Blastoff This Week
-- 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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