Earnings watch: Humana, Anadarko
The health insurer guides higher, and the oil company is expected to post a gain.
Humana (HUM), the health insurer, earned $2.54 a share on an adjusted basis in the third quarter, topping analysts' estimates, and it raised guidance for 2011. Analysts were expecting third-quarter profit of $2.03 a share. Humana said it expects earnings in 2011 of $8.35 to $8.40 a share, up from its previous estimate of $7.50 to $7.60 a share.
Anadarko Petroleum (APC) is expected to report third-quarter earnings of 67 cents a share after the markets close, up from 21 cents a share at the same time last year.
Insurance company Allstate (ALL) is expected to report a third-quarter profit of 8 cents a share after the markets close, down from 83 cents a share a year ago.
Atlas Pipeline Partners (APL) is expected to post third-quarter profit of 37 cents a share after the close. That's compared with a loss of 37 cents a share the same time last year.
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Credit Suisse (CS) is announcing a reduction of 1,000 jobs as part of its investment bank restructuring to comply with new capital regulations.
Green Mountain Coffee Roasters (GMCR) traders are paying the most for bearish options since April 2009 as a result of hedge fund manager David Einhorn's raising red flags on the company’s accounting practices, according to data compiled by Bloomberg.
Warner Music owner Len Blavatnik took back his offer for EMI's recorded-music business after failing to agree on a price with owner Citigroup (C), Bloomberg reports.
Networking equipment maker Juniper Networks (JNPR) was upgraded to outperform from sector perform at RBC Capital.
HUMANA took over one of the Best PGA golf event and changed its name.......
From the Bob Hope Classic........to the Humana Challenge....why not OBAMA Challenge
What a disgrace.........
and above all, Bill Clinton will their 'figure' of speech...I guess
Tradition is gone and the Coachella Valley residents are pissed........
Mr. Hope and family deserve better and so do the Valley residents...
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