Other companies slated to report before Thursday's open include Bon-Ton Stores ( BONT), Children's Place ( PLCE), Dollar Tree Stores ( DLTR), GameStop ( GME), Perry Ellis ( PERY), Ross Stores ( ROST), Stage Stores ( STGS), Stein Mart ( SMRT), The Buckle ( BKE), and Viacom ( VIAB). The late roster features Applied Materials ( AMAT), Aruba Networks ( ARUN), Autodesk ( ADSK), Cosi ( COSI), Dole Food ( DOLE), Gap ( GPS), Intuit ( INTU), Marvell Technology ( MRVL), New York & Co. ( NWY), Sears Holdings ( SHLD), Sina Corp. ( SINA), and The Wet Seal ( WTSLA).
Texas Instruments ( NTAP) announced Wednesday fresh restructuring plans that call for the elimination of 1,700 jobs, or roughly 5% of its work force. The company anticipates charges totaling $325 million in connection with the restructuring program. Texas Instruments is targeting annual savings of $450 million from the moves.
Honeywell ( HON) and Rockwell Collins ( COL)are set to receive major contracts to supply systems to Boeing ( BA)for its updated 737 Max jetliner, two people familiar with the decisions told The Wall Street Journal.
Australia's GrainCorp on Thursday rejected a $2.8 billion takeover bid from Archer Daniels Midland ( ADM).
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