The Allstate Corporation The property and casualty insurer
reported a third-quarter net loss of $923M, or $1.71 a share, as it
paid big hurricane-related claims and realized more than $1B of pre-tax
investment losses.
Amgen Inc The world's largest biotechnology company said
third-quarter profit rose more than fivefold as sales of its anemia
drugs increased.
Amazon.com, Inc The world's largest Internet retailer said its full-year sales and operating income wouldn't meet forecasts.
Bristol-Myers Squibb Company The drugmaker said its
third-quarter profit tripled to $2.6B, or 46 cents per share, beating
expectations on the rising sales of wound care business.
The Dow Chemical Company The largest U.S. chemical maker said
its third-quarter profit edged up 6% to $428M as price hikes offset the
soaring costs of raw materials and energy.
Goldman Sachs Group, Inc The investment bank, is readying a
job cut of 10%, or 3,250 workers, people familiar with the matter told
The Wall Street Journal.
Xerox Corporation The world's largest maker of high-speed color printers forecast profit this quarter below analysts' estimates.