• Deere (NYSE:DE) reported fiscal second quarter earnings of $1.58, versus Zacks estimates of $1.09 as revenues rose 6% to $7.13 billion, beating Zacks estimates of $6.89 billion
• BJ’s Wholesale (NYSE:BJ) reported interims of 49 cents, 6 cents higher than Zacks expectations, as revenues grew 12.8% to $2.5 billion, up from estimates of $2.6 billion
• Pfizer (NYSE:PFE) confirmed plans to reduce its production staff by 18%, cutting 6,000 jobs, on restructuring efforts following the Wyeth takeover
• Target (NYSE:TGT) reported earnings of 90 cents a share, versus Zacks estimates of 87 cents, on inline revenues of $15.59 billion
• JP Morgan (NYSE:JPM) initiated coverage of Charles Schwab (NASDAQ:SCHW) with an “overweight” rating and a price target of $24
• Goldman Sachs (NYSE:GS) upgraded Macy’s (NYSE:M) to “buy” from “neutral,” with a $27 price target
