21.10.2008 23:00

Hot Stocks: American Express Company, Caterpillar Inc

American Express Company
The credit card and travel services company reported a 24% decline in third-quarter earnings, but results were better than analysts expected.

Caterpillar Inc
The heavy equipment maker reported a dip in third-quarter earnings to $868M compared to the same period last year, when the company reported $927M.

Pfizer Inc
The pharmaceutical reported that sales slipped slightly in the third quarter, but still totaled nearly $12B. Adjusted earnings of 62 cents per share beat analysts’ expectations.

Avigen Inc
The drug developer said it was “disappointed” after a Phase 2b study of AV650 to treat spasticity associated with multiple sclerosis did not achieve statistical significance.






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