| Commentary Profit Taking May Contribute To Early Weakness On Wall Street - U.S. Commentary After showing a substantial upward move in the previous session, stocks are likely to give back some ground in early trading on Friday. The major index futures are currently pointing to a moderately lower open, with the Dow futures down by 54 points. (Oct 28, 2011) Full Article    Economic News South Korea Current Account Surplus $3.1 Billion South Korea posted a current account surplus of $3.1 billion in September, the Bank of Korea said on Friday in a preliminary reading - remaining in the black for the 19th consecutive month. (Oct 28, 2011) Full Article Japan Industrial Output down 4.0% In September Industrial production in Japan was down a seasonally adjusted 4.0 percent on month in September, the Ministry of Economy, Trade and Industry said on Friday in a preliminary reading - falling for the first time in six months while continuing to reflect the results of the devastating earthquake and tsunami on March 11. (Oct 28, 2011) Full Article UK Consumer Confidence Falls To 32-Month Low Confidence among British consumers fell unexpectedly in October, to reach its lowest level since February 2009, with their outlook about the general economic situation becoming increasingly pessimistic, results of a key survey showed Friday. (Oct 28, 2011) Full Article Thai Central Bank Cuts 2011 GDP Outlook On Floods Thailand's central bank on Friday slashed its growth projections for this year, saying the widespread floods are seriously disrupting agricultural production as well as manufacturing activity. (Oct 28, 2011) Full Article U.S. Personal Income Rises Less Than Expected In September Reversing a drop in August, U.S. personal incomes rebounded slightly in September, while consumer spending picked up by more than expected, according to figures released Friday by the Commerce Department. (Oct 28, 2011) Full Article Earnings News AMD Posts Q3 Profit Advanced Micro Devices Inc. (AMD) Thursday posted a third-quarter profit, reflecting the impact of a large equity loss in the prior-year results. Both adjusted earnings and revenues exceeded the market view. (Oct 28, 2011) Full Article Electronic Arts Q2 Loss Widens; Raises FY12 Financial Outlook Electronic Arts Inc. (ERTS) Thursday posted a wider third-quarter loss with higher operating expenses eroding the revenues growth. Adjusted earnings, however, surprised, with the Street expecting a loss. The company also issued its third-quarter guidance and lifted its fiscal 2012 financial outlook. (Oct 28, 2011) Full Article Las Vegas Sands Q3 Profit Skyrockets Las Vegas Sands Corp. (LVS) posted Thursday a more-than-double third-quarter profit compared to the prior year, on the back of "strong" performance from the US, Singapore and Macau properties. Both adjusted earnings and revenues beat analysts' estimates. (Oct 28, 2011) Full Article KLA-Tencor Q1 Profit Climbs KLA-Tencor Corp. (KLAC) announced Thursday a higher first-quarter profit thanks primarily to an increase in product revenues. Adjusted earnings were on par with the Street view, but revenues topped. (Oct 28, 2011) Full Article Metlife Q3 Profit Zooms Metlife Inc. (MET) said Thursday third-quarter profit went up sharply year-over-year due to a turnaround to derivative gains from last year's derivative losses and also contributions from the acquisition of Alico. (Oct 28, 2011) Full Article Gilead Sciences Q3 Profit Up Gilead Sciences Inc. (GILD) Thursday announced a rise in third-quarter profit as a result of a 9 percent rise in antiviral product sales. Both adjusted earnings and revenues exceeded Street expectations. (Oct 28, 2011) Full Article Baidu Q3 Profit Surges China-based Baidu Inc. (BIDU) Thursday reported a surge in third-quarter profit as "rapid" rise in customer spending and user traffic propelled the sharp increase in revenues. The company also issued its fourth-quarter revenues guidance. (Oct 28, 2011) Full Article Total Q3 Profit Rises France-based Total SA (TOT, TTA.L) Friday announced a rise in third-quarter profit as a result of improvements in its refining and upstream businesses and also higher oil prices. (Oct 28, 2011) Full Article WPP Group Q3 Revenue Edges Up WPP Group plc (WPP.L, WPPGY) said Friday third-quarter revenues went up 9 percent year-over-year, helped by a 4.7 percent like-for-like growth. (Oct 28, 2011) Full Article Whirlpool Q3 Profit Soars; Cuts 2011 Earnings View; To Slash 5000 Jobs Whirlpool Corp. (WHR) Friday reported a sharp increase in third-quarter profit thanks primarily to a hefty tax benefit. Adjusted earnings, however, were impacted by "weaker" global demand and higher material costs and fell short of the market view. The company also lowered its full-year earnings outlook and announced cost and capacity reduction plans that see it trimming more than 5 thousand jobs. (Oct 28, 2011) Full Article Cigna Q3 Profit Drops Cigna Corp. (CI) posted Friday a drop in third-quarter profit reflecting the steeper effect of its run-off reinsurance operations.Revenues went up year-over-year on premium and fee increases. (Oct 28, 2011) Full Article Newell Rubbermaid Sinks to Q3 Loss; Reaffirms 2011 Normalized EPS Outlook Newell Rubbermaid Inc. (NWL) Friday reported a third-quarter loss on the back of higher one-time charges. Normalized earnings went up year-over-year and topped analysts' estimates. The company also reaffirmed its full-year normalized earnings forecast. (Oct 28, 2011) Full Article Merck Q3 Profit Grows More Than Five Times; Ups 2011 EPS View Merck & Co. Inc. (MRK) Friday announced a hefty growth in third-quarter profit reflecting sharply lower operating and other expenses. Both adjusted earnings and revenues surpassed the market view. The company also raised its full-year earnings outlook. (Oct 28, 2011) Full Article Biogen Idec Q3 Profit Jumps; Reiterates 2011 EPS Guidance Biogen Idec Inc. (BIIB) said Friday third-quarter profit went up year-over-year thanks to a 28 percent growth in sales of its multiple sclerosis therapy Tysabri. Both adjusted earnings and revenues exceeded Street expectations. The company also backed its 2011 earnings and adjusted earnings outlook. (Oct 28, 2011) Full Article Chevron Q3 Profit More Than Doubles Chevron Corp. (CVX) announced Friday third-quarter profit more than doubled from last year, thanks to higher crude oil and refined products prices pushing the revenues growth. Earnings beat analysts' estimates, but sales and other operating revenues fell short. (Oct 28, 2011) Full Article Cablevision Systems Q3 Profit Plummets Cablevision Systems Corp. (CVC) reported Friday a sharp slide in third-quarter profit reflecting a hefty net loss from investments this year and a large gain from discontinued operations last year. (Oct 28, 2011) Full Article Corporate News Hewlett-Packard To Retain Personal Systems Group Hewlett-Packard Co. (HPQ) reported Thursday the completion of its strategic review, first announced in August, following which the company decided against a spin-off of its Personal Systems Group. (Oct 28, 2011) Full Article Todays WS Events Chevron Q3 11 Earnings Conference Call At 11:00 AM ET Chevron Corp. (CVX) will host a conference call at 11:00 AM ET on October 28, 2011 to discuss its Q3 11 earnings results. To access the live webcast, log on at www.chevron.com To hear the call, dial 703-639-1116 or 866-219-5256 with Conference ID # 1552897. (Oct 28, 2011) DTE Energy Q3 11 Earnings Conference Call At 9:00 AM ET DTE Energy (DTE) will host a conference call at 9:00 AM ET on October 28, 2011 to discuss its Q3 11 earnings results. To access the live webcast, log on at www.dteenergy.com/investors To hear the live call, dial (877) 723-9509 (US) or (719) 325-4750 (International) with passcode 6196954. (Oct 28, 2011) Eastman Chemical Q3 11 Earnings Conference Call At 8:00 AM ET Eastman Chemical Co. (EMN) will host a conference call at 8:00 AM ET on October 28, 2011 to discuss its Q3 11 earnings results. To access the live webcast, log on at www.investors.eastman.com To hear the live call, dial 913-312-0845 with passcode 7815514. A replay of the call can be heard by dialing 888-203-1112 or 719-457-0820 with passcode 7815514. (Oct 28, 2011) Goodyear Tire & Rubber Q3 11 Earnings Conference Call At 9:00 AM ET Goodyear Tire & Rubber (GT) will host a conference call at 9:00 AM ET on October 28, 2011, to discuss its Q3 11 earnings results. To access the webcast, log on at http://investor.goodyear.com A call can be accessed by dialing (706) 643-2869. For replay a call, dial (404) 537-3406 with the Conference ID 19705274. (Oct 28, 2011) Leggett & Platt Q3 11 Earnings Conference Call At 9:00 AM ET Leggett & Platt Inc. (LEG) will host a conference call at 9:00 AM ET on October 28, 2011, to discuss Q3 11 earnings results. To access the webcast, log on to www.leggett.com (Oct 28, 2011) Merck Q3 11 Earnings Conference Call At 8:00 AM ET Merck & Co Inc. (MRK) will host a conference call at 8:00 AM ET on October 28, 2011 to discuss its Q3 11 earnings results. To access the live audio webcast, log on at www.merck.com/investors/events-and-presentations/home.html (Oct 28, 2011) MetLife Q3 11 Earnings Conference Call At 8:00 AM ET MetLife, Inc. (MET) will host a conference call at 8:00 AM ET on October 28, 2011 to discuss its Q3 11 earnings results. To listen to the webcast, log on at www.metlife.com To hear the live call, dial (612) 326-1011. A replay of the call can be heard by dialing (320) 365-3844 with passcode 169216. (Oct 28, 2011) Newmont Mining Q3 11 Earnings Conference Call At 10:00 AM ET Newmont Mining Corp. (NEM) will host a conference call at 10:00 AM ET on October 28, 2011 to discuss its Q3 11 earnings results. To access the live webcast, log on at www.newmont.com To hear the live call, dial 888.566.1822 (US) or 312.470.7116 (International) with passcode "Newmont". A replay of the call can be heard by dialing 866.514.3171 (US) or 203.369.2004 (International) with passcode 2011. (Oct 28, 2011) Rockwell Collins Q4 11 Earnings Conference Call At 9:00 AM ET Rockwell Collins (COL) will host a conference call at 9:00 AM ET on October 28, 2011, to discuss Q4 11 earnings results. To access the live webcast, log on to www.rockwellcollins.com (Oct 28, 2011) Weyerhaeuser Q3 11 Earnings Conference Call At 10:00 AM ET Weyerhaeuser Co (WY) will host a conference call at 10:00 AM ET on October 28, 2011, to discuss Q3 11 earnings results. To access the live webcast, log on to http://investor.weyerhaeuser.com To listen to the call, dial (877)-296-9413 (US) or 1-(706)-679-2458 (International) with access code 29869197. For a replay call, dial (800)-642-1687 (US) or 1-(706)-645-9291 (International) with access code 29869197. (Oct 28, 2011) Whirlpool Q3 11 Earnings Conference Call At 10:00 AM ET Whirlpool Corp. (WHR) will host a conference call at 10:00 AM ET on October 28, 2011 to discuss its Q3 11 earnings results. To access the live webcast, log on at www.whirlpoolcorp.com To hear the live call, dial (888) 747-4632 (US) or (913) 312-1510 (International) with confirmation code 7191430. (Oct 28, 2011) | 
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