Company News for November 1, 2010 - Corporate Summary

• Baker Hughes (NYSE:BHI) posted third quarter earnings of $0.54, $0.07 better-than-expected, on an 83% revenue surge to $4.1 billion, up from Street estimates of $3.8 billion

• Humana (NYSE:HUM) beat estimates by $0.35 with third quarter adjusted earnings of $2.01, versus estimates of $1.66, on an inline, 9.2% revenue increase to $8.4 billion

• Corning (NYSE:GLW) reported third quarter earnings of $0.51, off by one penny, on in-line revenues of $1.6 billion, a 6.4% YoY decline

• Loews (NYSE:L) reported third quarter earnings of $0.13 off estimates of $0.33 on revenues of $3.7 billion, down from estimates of $3.8 billion

• CNA Financial (NYSE:CNA) posted a third quarter loss of $0.66, topping estimates by $0.02

• Cooper Tire & Rubber (NYSE:CTB) reported third quarter results $0.76 up from estimates of $0.60 on revenues of $883 million, shy of estimates of $895 million

• Apple (NASDAQ:AAPL) has sued Motorola (NYSE:MOT) for patent infringement on smartphone design characteristics

• EBay (NASDAQ:EBAY) announced plans for site design improvements, its first in four years

• Simon Property Group (NYSE:SPG) reported in-line third quarter earnings of $0.90 on a 5.9% revenue gain to $979 million, up from estimates of $932 million

• Smurfit-Stone (NYSE:SSCC) reported third quarter earnings of $0.76, ahead of $0.61 estimates, on inline revenues of $1.63 billion

• FBR reiterated its “outperform-top pick” on Arch Coal (NYSE:ACI), with a price target increased from $41 to $42

Company News for November 1, 2010 – Corporate Summary

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