Agco Corp
The farm equipment maker and distributor reported sales grew to $2.09B compared to $1.61B,with earnings per share up 30% in the quarter.
General Motors Corporation
The struggling automaker said that it sold more than 2.1M vehicles worldwide in the third quarter, down 11.4% from the year-ago quarter. GM blamed weakness in the North American market, where sales plunged 18.9%.
Johnson & Johnson
The health products company was downgraded to “neutral” from “overweight” by JPMorgan, which said, "J&J now trades at a 27% premium to the sum of its parts. Only once in the last 20 years has J&J traded at a greater than 15% premium."
Sony Corp
The diversified electronics company reported fiscal second-quarter net income dropped 72% to 20.8B yen ($216M), because of a sharp appreciation in the yen and weak performance of its electronics and financial services divisions.