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Companies Postpone Earnings Reports in Light of Hurricane Sandy

A number of U.S. companies disclosed plans to postpone their quarterly reports because of the pending arrival of Hurricane Sandy on the East Coast, a move that comes during one of the busiest weeks of the third-quarter earnings season.Among those delaying reports are pharmaceutical company Pfizer Inc. (PFE), financial-data-and-news provider Thomson Reuters Corp. (TRI, TRI.T) and education-and-financial-content provider McGraw-Hill Cos. (MHP).Pfizer moved its announcement to Thursday, as did media-and-merchandise company Martha Stewart Living Omnimedia Inc. (MSO), while Thomson Reuters postponed its earnings to Friday. All three companies were slated to unveil results Tuesday. Martha Stewart Living's main offices, at the far west of New York's Chelsea neighborhood overlooking the Hudson River, are in the city's mandatory evacuation zone.Meanwhile, TD Ameritrade Holding Corp. (AMTD) moved up its fiscal fourth-quarter earnings release to Monday from Tuesday.Avon Products Inc. (AVP) postpo...

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  1. TRW receives subpoena from Department of Justice

    Bangalore (Reuters) - Auto parts maker TRW Automotive Holdings Corp <TRW.N> said it received a subpoena from the U.S. Department of Justice regarding an antitrust in...

  2. House Passes Health Reform, Now What?

    We break down the fundamentals of the health reform and what it means for consumers.

  1. Consumer Cyclical Sector Wrap

    During trading today, both the Consumer Cyclical sector (XLY) and the S&P500 showed little movement.LeapFrog (NYSE:LF) was a major gainer in the sector, rising 7.4% ...

  2. ENSCO, Range Resources Included in Stocks Up on High Volume Monday

    Here are stocks that are up on high volume:ENSCO (NYSE:ESV) saw its price climb on above-normal volume, as 47.2 million shares, which is 12.8 times the stock's avera...

  3. Consumer Cyclical Sector Wrap

    The Consumer Cyclical sector (XLY) showed little movement while the S&P 500 gained 2.2% during trading today.Although it went in the opposite direction of the market...

  4. LyondellBasell Industries, CIGNA Corporation Among Stocks Down on High Volume Monday

    There are a few stocks down on high volume today:LyondellBasell Industries (NYSE:LYB) experienced a price drop on above-average volume today, with 9.5 million shares...

  5. Consumer Cyclical Sector Wrap

    The Consumer Cyclical sector (XLY) showed little change during trading today while the S&P 500 rose 0.2%.TRW Automotive Holdings (NYSE:TRW) rose 5.8% to close at $47...

  6. TRW Q4 Sales Up 7% To $4 Billion

    TRW Automotive Holdings Corp. said Thursday its fourth-quarter profit doubled to $425 million, or $3.27 a share, from $204 million, or $1.56 a share, in the year-ago...

  7. Looking at 2012's Economic Playbook

    Follow the Money's panel of experts weighs in on the 2012 economic outlook and what's ahead for markets in the New Year.

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