SAN FRANCISCO – Among the companies whose shares are expected to see active trade in Monday's session are Exxon Mobil Corp., Pfizer Inc., Aflac Inc., Kraft Foods Inc. and Schering-Plough Corp.
Aflac Inc. (AFL) is expected to report fourth-quarter earnings of 63 cents a share, according to analysts polled by Thomson First Call.
Eastman Kodak Co. (EK) is seen posting a fourth-quarter profit of 39 cents a share.
Exxon Mobil Corp.'s (XOM) fourth-quarter profit is expected to be $1.44 a share.
Gilead Sciences Inc. (GILD) is expected to post a per-share profit of 53 cents in it fourth quarter.
Kraft Foods Inc.'s (KFT) fourth-quarter earnings are expected to be 53 cents a share.
Mattel Inc. (MAT) is expected to post a fourth-quarter profit of 49 cents a share.
Plum Creek Timber Co. (PCL) is seen posting a per-share fourth-quarter profit of 34 cents.
Schering-Plough Corp.'s (SGP) fourth-quarter results are expected to show a per-share profit of 8 cents.
Sysco Corp.'s (SYY) fiscal second-quarter profit is expected to be 35 cents a share.
Tyson Foods Inc. (TSN) is seen posting fourth-quarter earnings of 16 cents a share.
Zimmer Inc.'s (ZMH) fourth-quarter profit is expected to be 83 cents a share.
CV Therapeutics Inc. (CVTX) said the Food and Drug Administration has approved Ranexa, a treatment for chronic angina. Palo Alto, Calif.-based CV Therapeutics expects the drug to be available in pharmacies in late March.
Emmis Communications Corp. (EMMS) said it has sold four television stations to the Montecito Broadcast Group LLC, an affiliate of the Blackstone Group, for $259 million. The media company said it will use the net proceeds to repay outstanding indebtedness.
Franklin Electric Co. (FELE) reported fourth-quarter net earnings of $13.4 million, or 58 cents a share, up 22.4% from $11 million, or 47 cents a share, during the same period a year ago. Revenue at the Bluffton, Ind.-based groundwater and fuel pump manufacturer rose to $114.5 million from $107.6 million.
InfraSource Services Inc. (IFS) said it now expects fourth-quarter earnings of 14 cents to 15 cents a share on revenue of $223 million. The Media, Pa.-based utility and distribution infrastructure services contractor had previously forecast fourth-quarter earnings of 9 cents to 11 cents a share, excluding amortization of intangible assets, on revenue of $195 million to $205 million. Analysts polled by Thomson First Call are currently looking for earnings of 10 cents a share on revenue of $201 million.
Mittal Steel Co. N.V. (MT) launched an unsolicited $22.7 billion bid for Arcelor that would combine the world's top steelmakers and produce a giant with annual revenue of nearly $70 billion. See full story.
The Food and Drug Administration has approved Pfizer Inc.'s (PFE) diabetes treatment Exubera, the first inhaled form of insulin to be cleared for the U.S. market.
Procter & Gamble Co. (PG) said second-quarter profit rose almost 30%, boosted by its acquisition of Gillette Co., strong sales growth and cost savings. See full story.
U.S.B. Holding Co. (UBH) reported fourth-quarter net earnings of $8.56 million, or 38 cents a share, up 39.2% from $6.15 million, or 27 cents a share, during the same period a year ago. Net interest income rose to $23.9 million from $23.5 million, the Orangeburg, N.Y.-based bank holding company said.