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Earnings Watch For Jan 29 (DHI, LLY, F, PFE, BSX, BRCM)

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1/29/2013 5:41 AM ET

Pfizer Inc. (PFE: Quote) is due to post its fourth quarter results. The pharmaceutical giant is expected to post earnings of $0.44 per share, lower than the year-ago quarter's $0.50 per share. Also, quarterly revenues are anticipated to decline to $14.37 billion from $16.75 billion in the prior-year quarter. PFE closed Monday at $26.84. (52-wk H/L $27.30/$20.75)

DR Horton Inc. (DHI: Quote) is expected to report results for the first quarter before the markets open. The earnings of the homebuilder are expected to increase to $0.14 per share from $0.09 per share reported a year earlier. Quarterly revenues are estimated to grow to $1.10 billion from last year's $884.30 million. On Monday, the stock closed at $21.31. (52-wk H/L $22.79/$13.45)

Drugmaker Eli Lilly & Co. (LLY: Quote) is also scheduled to report fourth quarter results before the start of trading. The Indianapolis, Indiana-based company's earnings are expected to decline to $0.78 per share from $0.87 per share reported a year earlier. Quarterly revenues are anticipated to fall to $5.81 billion from last year's $6.05 billion. The company's shares closed Monday's session at $52.64. (52-wk H/L $53.99/$38.30)

Automaker Ford Motor Co. (F: Quote) is slated to report results for the fourth quarter. Earnings and revenue for the quarter are expected to be $0.25 per share and $32.94 billion respectively. In the previous year, the Dearborn, Michigan-based company posted earnings of $0.20 per share on revenues of $32.60 billion. The stock closed Monday at $13.78. (52-wk H/L $14.30/$8.82)

Boston Scientific Corp. (BSX: Quote) will report its fourth-quarter results today. The company is expected to post earnings of $0.11 per share, up from $0.08 per share reported a year earlier, while quarterly revenues are anticipated to decline to $1.76 billion from last year's $1.85 billion. The company's shares closed Monday's session at $6.86. (52-wk H/L $6.93/$4.79)

Chipmaker Broadcom Corp. (BRCM: Quote) is expected to post fourth quarter results after the markets close. The company is expected to earn $0.73 per share, higher than the prior year's $0.68 per share on revenues of $2.07 billion. The company's shares closed Monday's regular trading at $34.06. (52-wk H/L $39.66/$28.60)

Ashland Inc. (ASH: Quote), CIT Group Inc. (CIT: Quote), Corning Inc. (GLW: Quote), Danaher Corp. (DHR: Quote), EMC Corporation (EMC: Quote), Harley-Davidson, Inc. (HOG: Quote), Illinois Tool Works Inc. (ITW: Quote), Kulicke and Soffa Industries, Inc. (KLIC: Quote), Lexmark International Inc. (LXK: Quote), Nucor Corporation (NUE: Quote), Peabody Energy Corp. (BTU: Quote), Tupperware Brands Corporation (TUP: Quote), United States Steel Corp. (X: Quote), Tyco International Ltd. (TYC: Quote), Valero Energy Corporation (VLO: Quote), ACE Limited (ACE: Quote), Arthur J Gallagher & Co. (AJG: Quote), Boston Properties Inc. (BXP: Quote), Dolby Laboratories, Inc. (DLB: Quote), Freescale Semiconductor, Ltd. (FSL: Quote), Hutchinson Technology Inc. (HTCH: Quote), Manhattan Associates, Inc. (MANH: Quote), PAREXEL International Corporation (PRXL: Quote), Spansion Inc. (CODE: Quote), Unisys Corporation (UIS: Quote) and Websense, Inc. (WBSN: Quote) are also slated to report their results.

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by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
There was a mixed performance on Wall Street on Friday. Shares suffered an early decline, as investors continued to express worries about the Federal Reserve. A recovery through the rest of the day allowed the Dow to edge into positive territory by the close. The Nasdaq and S&P 500 posted fractional losses. Stocks have shown a notable move to the downside in early trading on Friday amid lingering concerns about the outlook for the Federal Reserve's asset purchase program. The major averages have slid firmly into negative territory, adding to the modest losses posted in the previous session. The major averages are currently posting notable losses, near their lows for the young session. After reporting a sharp drop in new orders for manufactured durable goods in the previous month, the Commerce Department released a report on Friday showing that durable goods orders rebounded by more than anticipated in the month of April. The report said durable goods orders surged up by 3.3 percent in April after tumbling by a revised 5.9 percent in March.
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