| Commentary Stocks May Move Back To The Upside In Early Trading - U.S. Commentary After falling sharply in the two previous sessions, stocks may regain some ground in early trading on Wednesday. The major index futures are currently pointing to a moderately higher open, with the Dow futures up by 44 points. (Nov 2, 2011) Full Article    Economic News Decline In Australia Building Consents Exceed Forecast In September Australia's building approvals, a leading indicator of the general level of economic activity, employment and investment, fell more than expected by economists in September, the latest figures from the Australian Bureau of Statistics showed Wednesday. (Nov 2, 2011) Full Article EFSF Delays EUR 3 Bln Bond Sale: Reports The Eurozone rescue fund has postponed a planned EUR 3 billion bond sale, originally scheduled for Wednesday, reports said citing sources close to the matter. (Nov 2, 2011) Full Article German Unemployment Increases Unexpectedly In October German unemployment unexpectedly increased in October, for the first time in nearly two years, as companies were reluctant to add more staff amid weak outlook and fears of contagion of sovereign debt crisis. (Nov 2, 2011) Full Article U.S. Private Sector Employment Rises More Than Expected In October Employment in the U.S. private sector increased by a little more than expected in the month of October, according to a report released by payroll processor Automatic Data Processing, Inc. (ADP) on Wednesday, with the report also showing an upward revision to the pace of job growth in September. (Nov 2, 2011) Full Article Earnings News Fiserv Q3 Profit Dips; Ups 2011 Adj. EPS View Fiserv Inc. (FISV) said Tuesday third-quarter profit dropped year-over-year primarily due to narrower margins. Adjusted earnings, however, increased from last year and topped the Street view, while revenues were on par. The company also lifted its 2011 adjusted earnings guidance to a range above analysts' consensus. (Nov 2, 2011) Full Article CF Industries Q3 Profit Skyrockets CF Industries Holdings Inc. (CF) Tuesday posted a surge in third-quarter profit thanks to higher prices, which propelled the 53 percent growth in net sales, and also wider margins. (Nov 2, 2011) Full Article EOG Resources Posts Q3 Profit EOG Resources Inc. (EOG) announced Tuesday a third-quarter profit, turning around from the prior-year loss on the back of a surge in crude oil and condensate production in the US. Both adjusted earnings and revenues exceeded Street expectations. (Nov 2, 2011) Full Article Fresenius Medical Care Q3 Profit Climbs; Confirms 2011 Financial Outlook Fresenius Medical Care AG & Co. KGaA (FMS) Wednesday reported a higher third-quarter profit as a result of wider margins and higher revenues in the International segment. Earnings beat analysts' estimates, but revenues fell short. The company also confirmed its 2011 net income and sales outlook. (Nov 2, 2011) Full Article Teva Pharmaceutical Q3 Profit Falls Israel-based Teva Pharmaceutical Industries Ltd. (TEVA) Wednesday said third-quarter profit fell year-over-year, with the sluggish performance of its US generics business. Adjusted earnings also declined, but topped market estimates, while revenues increased, but missed. (Nov 2, 2011) Full Article Sony Sinks to Q2 Loss; Now Sees Loss in FY12 Sony Corp. (SNE, SON.L) posted Wednesday a third-quarter loss on the impact of asset impairment charges and lower sales. The company also revised its fiscal 2012 forecast and now sees a net loss, besides lower revenues. (Nov 2, 2011) Full Article BD Q4 Profit Slides Becton, Dickinson & Co. (BDX), or BD, Wednesday posted a decline in fourth-quarter profit reflecting a loss from the discontinuance of a research program. Adjusted earnings, however, increased year-over-year and were on par with the Street view. The company also issued its fiscal 2012 earnings guidance. (Nov 2, 2011) Full Article Hyatt Hotels Q3 Profit Plunges Hyatt Hotels Corp. (H) said Wednesday third-quarter profit fell sharply on the impact of one-time charges. Adjusted earnings climbed year-over-year and topped the market view, while revenues missed. (Nov 2, 2011) Full Article Molson Coors Q3 Profit Declines Molson Coors Brewing Co. (TAP, TAP-A, TAP.TO) Wednesday posted a slide in third-quarter profit as a result of lower volume and cost inflation and also higher MillerCoors special charges. Both adjusted earnings and revenues missed estimates. (Nov 2, 2011) Full Article MasterCard Q3 Profit Rises MasterCard Inc. (MA) reported Wednesday a climb in third-quarter profit thanks to higher cross-border volumes, gross dollar volumes, and processed transactions fueling a jump in revenues. The results surpassed market estimates. (Nov 2, 2011) Full Article Time Warner Q3 Profit Jumps Time Warner Inc. (TWX) Wednesday reported a jump in third-quarter profit as the success of "Harry Potter and the Deathly Hallows: Part 2" boosted Filmed Entertainment revenues. Both adjusted earnings and revenues exceeded Street expectations. The company also lifted its full-year adjusted earnings growth outlook. (Nov 2, 2011) Full Article Comcast Q3 Profit Edges Up Comcast Corp. (CMCSA, CMCSK) announced Wednesday a rise in third-quarter profit on the strength of its high-speed Internet and business services. Earnings, however, missed estimates, while revenues topped. (Nov 2, 2011) Full Article Clorox Q1 Profit Plummets; Confirms FY12 Financial Outlook The Clorox Co. (CLX) Wednesday reported a sharply lower first-quarter profit on higher cost of products and also reflecting last year's gain from discontinued operations. Adjusted earnings were flat from the previous year, and beat the Street view. The company also confirmed its fiscal 2012 earnings and sales outlook. (Nov 2, 2011) Full Article Corporate News Lloyds Banking Group Says CEO Horta-Osório On Medical Leave Lloyds Banking Group plc (LYG, LLOY.L) noted Wednesday that its chief executive officer, or CEO, António Horta-Osório is expected to be absent from his duties due to medical reasons and may return "before the end of the year". An interim appointment is yet to be made. (Nov 2, 2011) Full Article Broker Ratings Changes Robert W. Baird Lowers Amyris (AMRS) To Neutral From Outperform With $16 down from $25 Price Target (Nov 2, 2011) Robert W. Baird Raises Ritchie Bros. Auctioneers Inc (RBA) To Outperform From Neutral With $25 up from $24 Price Target (Nov 2, 2011) Todays WS Events Honeywell To Present At Goldman Industrial Conference; Webcast At 11:45 AM ET Honeywell (HON) CFO, David J. Anderson will present at the Goldman Sachs Global Industrials Conference 2011 in Boston, Massachusetts. The event is scheduled to begin at 11:45 AM ET on November 2, 2011. To access the live audio webcast, log on at www.honeywell.com/investor (Nov 2, 2011) Kraft Foods Q3 11 Earnings Conference Call At 5:00 PM ET Kraft Foods Inc. (KFT) will host a conference call at 5:00 PM ET on November 2, 2011 to discuss its Q3 11 earnings results. To listen to the webcast, log on at www.kraftfoodscompany.com To hear the live call, dial 1-800-322-9079 (US) or 1-973-582-2717 (International). A replay of the call can be heard by dialing 1-855-859-2056 (US) or 1-404-537-3406 (International) with passcode 16408845. (Nov 2, 2011) Mastercard Q3 11 Earnings Conference Call At 9:00 AM ET Mastercard (MA)will host a conference call at 9:00 AM ET November 2, 2011, to discuss its Q3 11 earnings results. To access the live webcast, log on at www.mastercard.com A call can be accessed by dialing 866-202-3109 (US) or 617-213-8844 (International) with passcode: 18636458. For replay a call, dial 888-286-8010 (US) or 617-801-6888 (International); passcode: 80200067. (Nov 2, 2011) Qualcomm Q4 11 Earnings Conference Call At 4:45 PM ET Qualcomm Inc. (QCOM) will host a conference call at 4:45 PM ET on November 2, 2011 to discuss its Q4 11 earnings results. To access the live webcast, log on at www.qualcomm.com A replay of the call can be heard by dialing (855) 859-2056 or (404) 537-3406 with reservation number 14571452. (Nov 2, 2011) R.R. Donnelley Q3 11 Earnings Conference Call At 10:00 AM ET R.R. Donnelley (RRD)will host a conference call at 10:00 AM ET November 2, 2011, to discuss its Q3 11 earnings results. To access the live webcast, log on at http://www.rrdonnelley.com A call can be accessed by dialing 847.413.9014 ; with confirmation number : 30805349. For replay a call, dial 630.652.3042 ; confirmation number : 9850121#. (Nov 2, 2011) Teva Pharmaceutical Industries Q3 11 Earnings Conference Call At 8:30 AM ET Teva Pharmaceutical Industries Limited (TEVA) will host a conference call at 8:30 AM ET on November 2, 2011, to discuss Q3 11 earnings results. To access the live webcast, log on to www.tevapharm.com To listen to the call, dial 1-877-407-0784 (US) or 1-201-689-8560 (International). For a replay call, dial 1-877-870-5176 or 1-858-384-5517 with conference ID is #380019. (Nov 2, 2011) Time Warner Q3 11 Earnings Conference Call At 10:30 AM ET Time Warner (TWX)will host a conference call at 10:30 AM ET November 2, 2011, to discuss its Q3 11 earnings results. To access the live webcast, log on at www.timewarner.com/investors A call can be accessed by dialing 866-783-2145 (US) or 857-350-1604 (International) with passcode: 51557603. For replay a call, dial 888-286-8010 (US) or 617-801-6888 (International); passcode: 96049914. (Nov 2, 2011) Whirlpool To Present At Goldman Industrial Conference; Webcast At 11:45 AM ET Whirlpool Corp. (WHR) will present at the Goldman Sachs Global Industrials Conference. The event is scheduled to begin at 11:45 AM ET on November 2, 2011. To access the live webcast, log on at http://cc.talkpoint.com/gold006/110211a_lr/?entity=17_UUQR44R (Nov 2, 2011) | 
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