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%.

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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.

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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

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