Zillow ( Z) , the real estate information company, on Monday gave a soft revenue outlook for the final quarter of 2012. The company also announced a small acquisition, spending $12 million in cash and 150,000 restricted shares to purchase Mortech, a Lincoln, Neb.-based mortgage software and services company. Exclusive: Zillow CEO Talks Acquisition, Guidance
Nike ( NKE)is close to a deal to sell its Cole Haan brand to Apax Partners for about $500 million, The New York Times reported. A deal could be announced next week, according to two people briefed on the matter, the newspaper said.
Express Scripts ( ESRX) reported Monday a 20% increase in third-quarter profit but warned that 2013 could bring a weaker business climate.
Stock exchange operator NYSE Euronext ( NYX) said Tuesday that third-quarter net revenue declined 21% to $559 million amid weaker trading in the U.S. and Europe. Net income fell 42%. Consider Trailing Stop Losses and Buying NYX
Earnings are also expected Tuesday from CVS Corp. ( CVS), Marsh & McLennan ( MMC), Office Depot ( ODP), OfficeMax ( OMX), Cache ( CACH), News Corp. ( NWS), Rackspace Hosting ( RAX) and Vitesse Semiconductor ( VTSS).
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