Stocks to Watch: Chevron, Starbucks, AIG
NEW YORK -- Chevron(CVX) is expected by analysts Friday to report third-quarter profit of $2.83 a share on revenue of $64.1 billion in the September-ended period.
Starbucks(SBUX) , the coffee giant, on Thursday beat Wall Street's earnings view by a penny, hiked its fiscal 2013 forecast, outlined ambitious growth plans and lifted its quarterly dividend by more than 20%.
Insurance giant AIG (AIG) posted third-quarter earnings of $1.86 billion, or $1.13 a share, in the September-ended quarter on Thursday. A year earlier, AIG reported a loss of $4 billion.
Operating income in the latest quarter was $1 a share; analysts expected 87 cents.
Priceline.com's(PCLN) quarterly results came in above analysts' forecasts. The quarter featured a a 25.2% jump in gross bookings to $7.8 billion.
LinkedIn(LNKD) posted third-quarter adjusted earnings on Thursday that topped forecasts as revenue jumped 81%.
Advance Auto Parts (AAP) has hired advisers to explore a potential sale of the company to private equity, according to multiple reports, in a deal that could top $6 billion.
-- Written by Joseph Woelfel
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