By ,
Published January 13, 2015
Among the companies whose shares are expected to see active trade in Monday's session are Phelps Dodge Corp., Tyson Foods Inc. and Schering-Plough Corp.
Cummins Inc. (CMI) is expected to report earnings per share for the fourth quarter of $3.77, according to analysts polled by Thomson Financial.
Mattel Inc. (MAT) is expected to post fourth-quarter per-share income of 67 cents.
Phelps Dodge (PD) is expected to report per-share income of $4.28 for the fourth quarter.
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Plum Creek Timber Co. (PCL) is expected to post income of 34 cents a share for the fourth quarter.
Schering-Plough (SGP) is expected to report per-share earnings of 17 cents for the fourth quarter.
Sysco Corp. (SYY) is expected to report second-quarter per-share income of 38 cents.
Tyson Foods (TSN) is expected to report first-quarter earnings of 6 cents per share.
UnumProvident Corp. (UNM) is expected to post earnings per share of 44 cents for the fourth quarter.
Verizon Communications (VZ) is expected to report fourth-quarter per-share income of 61 cents.
Zimmer Holdings Inc. (ZMH) is expected to post fourth-quarter earnings of 99 cents per share.
After Friday's closing bell, Jacobs Engineering Group Inc. (JEC) said it has approved a 2-for-1 stock split, to be effected in the form of a stock dividend. The additional shares will be distributed on March 15 to shareholders of record as of Feb. 15.
Watch list
American Express Co. (AXP) said it has named Richard Levin, president of Yale University, to its board. The financial services and travel firm also said it has elected Ronald Williams as a director. Williams is president, chairman and chief executive of Aetna Inc. (AET) .
Datawatch Corp. (DWCH) said it has appointed Douglas Zaccaro as interim chief financial officer. Zaccaro succeeds John Hulburt, who is leaving effective Jan. 31.
Hospitality Properties Trust (HPT) said the registration statement for its TravelCenters of America LLC spinoff has been declared effective by the Securities and Exchange Commission.
Quality Distribution Inc. (QLTY) lowered its outlook for the fourth quarter and 2006 primarily due to softer-than-anticipated seasonal demand and an unexpected charge for costs associated with legacy environmental remediation projects. The transportation company said it now sees earnings per share of 3 cents to 7 cents for the fourth quarter, compared with its prior view of 17 cents to 19 cents. For 2006, the company now sees earnings per share of 59 cents to 63 cents, compared with its prior view of 74 cents to 76 cents.
Sunoco Logistics Partners L.P. (SXL) reported fourth-quarter net earnings of $27.9 million, or 80 cents per limited partner unit, up from $13.9 million, or 52 cents per limited partner unit, in the year-ago quarter. Revenue in the three months ended Dec. 31 rose to $1.49 billion from $1.15 billion.
Symantec Corp. (SYMC) said it has named Thomson S.A. Chairman and Chief Executive Frank Dangeard to its board of directors.
Trex Co. (TWP) said it will restate its results for 2003 through 2005 and the first nine months of 2006 to correct errors related to the recording of certain expenses. The maker of composite decking and railing expects the cumulative effect of the restatements to increase its reported net income for 2003 through 2005 by roughly $200,000, and to increase its reported net income for the first nine months of 2006 by roughly $200,000, or 2 cents a share.
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