AT&T Announces New Phone and 4 Hot Stocks Moving Today
3M Co. (NYSE:MMM): As a reflection of current economic realities, the company has begun to expect full-year earnings to fall in the range of $6.27 to $6.35 per share, which will include 3c per share of anticipated acquisition-related costs. Consensus is $6.40. Previously, the company expected a range of $6.35 to $6.50 per share, not including costs related to the acquisition. The company believes it will see a full-year organic local-currency sales growth of about 2 to 2.5% percent and that currency translation will lower sales by about 2.5 percent for the year.
Reynolds American Inc. (NYSE:RAI) reports that its Q3 American Snuff sales reached $174 million, and it reports Q3 Santa Fe sales reached $125 million.
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Zillow, Inc. (NASDAQ:Z): U.S. home values saw a 1.3 percent rise during Q3, which is the biggest gain since 2006, in an uneven recovery countrywide, according to Zillow, Inc. (NASDAQ:Z), Bloomberg reports.
AT&T: (NYSE:T): On November 9, customers who are interested in purchasing a Samsung (SSNLF) Galaxy Note II can buy one for $299.99 with a two-year agreement in all AT&T stores and online, AT&T announced. Online pre-orders for the highly anticipated device are scheduled for October 25 at www.att.com/ galaxynoteii, the company added. The Samsung Galaxy Note II will be one of the first smartphones launching at AT&T that will feature a quad-core processor. Galaxy Note II will use a 1.6 GHz quad-core Exynos processor with powerful graphics capabilities., AT&T added. The Galaxy Note II is both thinner and narrower than the first Galaxy Note, and it possesses longer battery life and enhancements to the S Pen.
Ryder System, Inc. (NYSE:R): In comments regarding the company’s outlook, company stated, “Although we are in a period of economic softness and uncertainty, we expect that Ryder’s value proposition for services to new and existing customers will continue to resonate well with them, and should provide us with continuing profitable growth opportunities. Therefore, we are raising our near-term forecast. We have established a Q4 earnings forecast range of $1.06-$1.11 per share. This results in an increased FY12 comparable earnings per share forecast of $3.93-$3.98 from a previous range of $3.75-$3.90.”