Monday, November 19, 2012

Big earnings on Tuesday: Hewlett-Packard, Best Buy and Heinz are also slated to report results

Portfolio Relevance
By MarketWatch
SAN FRANCISCO (MarketWatch) — Among the shares expected to see active trade in Tuesday’s session are those of Hewlett-Packard Co., Best Buy Co., and Inc.
Hewlett-Packard HPQ +3.50%  is expected to report fiscal fourth-quarter earnings of $1.14 a share, according to a consensus survey by Thomson Reuters.

Dow ends over 200 points higher

The Dow Jones Industrial Average stages a triple-digit advance as investors look for signs of a compromise in Washington on the impending "fiscal cliff." Photo: Reuters.
A weak PC market and financial woes in Europe are likely to weigh on the Palo Alto, Calif.-based company’s quarterly results, analysts said. H-P seen to take hit from weak PC market
Best Buy BBY 0.00% is forecast to post third-quarter earnings of 12 cents a share. CRM +2.09%  is projected to report third-quarter earnings of 32 cents a share.
H.J. Heinz Co. HNZ +1.12%  is likely to report fiscal second-quarter earnings of 88 cents a share.
Hormel Foods Corp. HRL +1.39%  is forecast to post fiscal fourth-quarter earnings of 50 cents a share.
Campbell Soup Co. CPB +0.85%  is expected to report fiscal first-quarter earnings of 85 cents a share. 

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