Alcoa Inc
The aluminum producer reported a third-quarter profit of $268M, or 33
cents a share, down from $555M, or 63 cents a share, in the prior-year
period.
Merrill Lynch & Co. Inc
Analysts see more losses for the brokerage, which has agreed to be
acquired by Bank of America. Fox-Pitt Kelton analyst David Trone said
he expects Merrill to report total quarterly write-downs of $8.5B.
Monsanto Co
The agricultural seeds and products giant said that it lost $172M in
its fourth-fiscal quarter, less than analysts’ expectations, but that
sales surged 35% to $2.05B, beating analysts’ expectations.
Costco Whsl Corp
The discount retailer reported a 7% increase in same-store sales and a
7% increase in fourth-quarter profit to $398M, though both were short
of analysts’ expectations.