• Chevron (NYSE:CVX) is the only DJIA component expected to report its earnings today.Analysts expect the company to report second-quarter earnings of $1.27 per share, down from $2.90 a year ago
• AIG (NYSE:AIG) is reportedly in early talks with rival MetLife (NYSE:MET) to sell its Alico unit, which could bring in as much as $15 billion
• Credit Suisse (NYSE:CS) raised its rating on KB Homes (NYSE:KBH) to “outperform”
• Bank of America/Merrill (NYSE:BAC) upgraded Goldman Sachs (NYSE:GS) to “buy,” on expectations of better-than-estimated second quarter earnings, due out next week. Analysts upped the price target from $144 to $175, increasing estimates for 2009 and 2010 as well
• Among same-store-sales numbers: Less-worse numbers were posted by Zumiez (NASDAQ:ZUMZ), with a 19.3% decline versus estimates of a 20.4% drop. Worse-than-expected results were posted by Limited (NYSE:LTD) down 12% versus estimates of a 7.9% drop, and Wet Seal (NASDAQ:WTSLA) with a 11.1% drop versus estimates of a 8.7% decline
• Walgreen (NYSE:WAG) increased its quarterly dividend 22% to $0.1375
• Paccar (NASDAQ:PCAR) halved its quarterly dividend payout from 18 cents to 9 cents
