SAN FRANCISCO – Among the companies whose shares are expected to see active trade in Tuesday's session are Wal-Mart Stores Inc., Time Warner Inc., Home Depot Inc., Merck & Co. and Medtronic Inc.
Abgenix Inc. (ABGX) is expected to post a fourth-quarter loss of 44 cents a share, according to analysts polled by Thomson First Call.
Baidu.com Inc. (BIDU) is expected to report fourth-quarter earnings of 8 cents a share.
Clear Channel Communications (CCU) is seen posting a profit of 35 cents a share in its fourth quarter.
Federated Department Stores Inc.'s (FD) fourth-quarter profit is expected to be $2.62 a share.
Home Depot Inc. (HD) is seen reporting fourth-quarter earnings of 56 cents a share.
Medtronic Inc.'s (MDT) fiscal third-quarter earnings are expected to be 55 cents a share.
Ruth's Chris Steak House Inc. (RUTH) is expected to report a fourth quarter per-share profit of 19 cents.
US Airways Group Inc.'s (LCC) fourth-quarter results are expected to show a per-share loss of $1.76.
Wal-Mart Stores Inc. (WMT) is expected to post a per-share profit of 83 cents a share in its fourth-quarter.
After Friday's closing bell, Time Warner Inc. (TWX) outlined an agreement with billionaire investor Carl Icahn to boost share buybacks and cut costs, marking an apparent end to the latest push to break up the media conglomerate. See full story. See After Hours column.
Atari Inc. (ATAR) said it will cut 20% of its workforce worldwide as part of a previously announced plan to cut costs and dispose of non-core assets, among other actions
KeySpan Corp. (KSE) said it's negotiating with various parties about potential strategic combinations. See full story.
PG&E Corp. (PCG) reported a steep drop in its fourth-quarter net earnings, but steady progress in its core utility business prompted the company to lift its 2006 earnings estimate. See full story.
RadioShack Corp. (RSH) posted a 62% drop in fourth-quarter net income, and announced a sweeping restructuring plan that could include closing up to 10% of stores. See full story.
Merck & Co. (MRK) said that a federal court jury in New Orleans has rejected a claim that short-term use of Vioxx played a role in the 2001 death of a 53-year-old Florida man. See full story.
Sirius Satellite Radio Inc. (SIRI) said its loss widened from the prior year on increased marketing costs and expenses, even as subscriptions soared. See full story.