--Pfizer, Thomson Reuters and others postpone results
--U.S. stock and options markets close Monday because of
hurricane
--Conference Board postpones release of its October
consumer-confidence report
(Updates with details about additional companies beginning in
fifth paragraph)
By Saabira Chaudhuri and Nathalie Tadena
A number of U.S. companies disclosed plans to postpone their
quarterly reports because of the pending arrival of Hurricane Sandy
on the East Coast, a move that comes during one of the busiest
weeks of the third-quarter earnings season.
Among those delaying reports are pharmaceutical company Pfizer
Inc. (PFE), financial-data-and-news provider Thomson Reuters Corp.
(TRI, TRI.T) and education-and-financial-content provider
McGraw-Hill Cos. (MHP).
Pfizer moved its announcement to Thursday, as did
media-and-merchandise company Martha Stewart Living Omnimedia Inc.
(MSO), while Thomson Reuters postponed its earnings to Friday. All
three companies were slated to unveil results Tuesday. Martha
Stewart Living's main offices, at the far west of New York's
Chelsea neighborhood overlooking the Hudson River, are in the
city's mandatory evacuation zone.
Meanwhile, TD Ameritrade Holding Corp. (AMTD) moved up its
fiscal fourth-quarter earnings release to Monday from Tuesday.
Avon Products Inc. (AVP) postponed its earnings announcement to
Thursday from Tuesday, while Hertz Global Holdings Inc. (HTZ) moved
its report back by a day, to Wednesday. Energy company Exelon Corp.
(EXC) moved its earnings release to Thursday from Wednesday.
Liberty Mutual Holding Co. has canceled its conference call
scheduled for Tuesday. It said its earnings release will be
available on its website as soon as possible.
Power-plant operator NRG Energy Inc. (NRG) moved its earnings
announcement to Friday from Wednesday as did McGraw-Hill, and
Entergy Corp. (ETR) rescheduled to Nov. 5 from Tuesday.
"With many of our shareholders, financial analysts, employees
and others living in and around the storm's projected path,
rescheduling our earnings call was an easy decision to make,"
Entergy Chief Executive J. Wayne Leonard said.
In all, the companies that have delayed their reports include
the following:
-Acorda Therapeutics Inc. (ACOR) moved to Wednesday from Tuesday
-Advent Software Inc. (ADVS) moved to Tuesday from Monday
-Aegion Corp. (AEGN) moved to Wednesday from Tuesday
-Anika Therapeutics Inc. (ANIK) moved to Tuesday from Monday
-Arch Capital Group Ltd. (ACGL) moved to Thursday from Monday
-Automatic Data Processing Inc. (ADP) moved to Thursday from Tuesday
-Avon Products moved to Thursday from Tuesday
-Brightcove Inc. (BCOV) moved to Thursday from Tuesday
-Carmike Cinemas Inc. (CKEC) moved to Thursday from Tuesday
-Cirrus Logic Inc. (CRUS) moved to Wednesday from Monday
-Corporate Executive Board Co. (CEB) moved to Thursday
-Cognex Corp. (CGNX) moved to Thursday from Monday
-Compugen Ltd. (CGEN, CGEN.TV) moved to Nov. 5 from Tuesday
-Cummins Inc. (CMI) moved to Wednesday from Tuesday
-Danaos Corp. (DAC) moved to Nov. 5 from Monday
-Delphi Automotive PLC (DLPH) moved to Thursday from Tuesday
-Dendreon Corp. (DNDN) moved to Friday from Tuesday
-Entergy (ETR) moved to Nov. 5 from Tuesday
-Exelon (EXC) moved to Thursday from Wednesday
-Glatfelter (GLT) moved to Wednesday to Tuesday
-GNC Holdings Inc. (GNC) moved to Thursday from Tuesday
-Heidrick & Struggles International Inc. (HSII) to Wednesday from Tuesday
-Hess Corp. (HES) moved to Friday from Wednesday
-HHGregg Inc. (HGG) moved to Friday from Tuesday
-Iconix Brand Group Inc. (ICON) moved to Thursday from Tuesday
-Integrated Silicon Solution Inc. (ISSI) moved to Thursday from Tuesday
-Intelsat S.A. moved to Nov. 5 from Wednesday
-ITT Corp. (ITT) moved to Friday from Wednesday
-KEYW Holding Corp. (KEYW) moved to the day Nasdaq opens from Monday
-Life Technologies Corp. (LIFE) moved to Thursday from Monday
-LPL Financial Holdings Inc. (LPLA) moved to Wednesday from Tuesday
-MannKind Corp. (MNKD) moved to Thursday from Monday
-Martha Stewart Living Omnimedia moved to Thursday from Tuesday
-McGraw-Hill moved to Friday from Wednesday
-MDC Holdings Inc. (MDC) moved to Thursday from Tuesday
-Meadowbrook Insurance Group Inc. (MIG) moved to Thursday from Monday
-Medidata Solutions Inc. (MDSO) moved to Wednesday from Tuesday
-Monolithic Power Systems Inc. (MPWR) moved to Thursday from Monday
-Montpelier Re Holdings Ltd. (MRH) moved to Wednesday from Monday
-MPG Office Trust Inc. (MPG) moved to Nov. 5 from Monday
-MSC Industrial Direct Co. (MSM) moved from Tuesday to Wednesday
-NeuStar Inc. (NSR) moved to Nov. 5 from Tuesday
-Newtek Business Services Inc. (NEWT) moved to Wednesday from Tuesday
-NiSource Inc. (NI) moved to Friday from Tuesday
-NRG Energy moved to Friday from Wednesday
-Office Depot Inc. (ODP) moved to Nov. 6 from Tuesday
-Parkway Properties Inc. (PKY) moved to Thursday from Monday
-PartnerRe Ltd. (PRE) moved to Wednesday from Monday
-Penske Automotive Group Inc. (PAG) moved to Friday from Tuesday
-Pentair Ltd. (PNR) moved to Thursday from Tuesday
-Peregrine Semiconductor Corp. (PSMI) moved to Wednesday from Monday
-Pfizer moved to Thursday from Tuesday
-Pitney Bowes Inc. (PBI) moved to Thursday from Tuesday
-Radian Group Inc. (RDN) moved to Thursday from Tuesday
-Republic Airways Holdings Inc. (RJET) moved to Thursday from Tuesday
-Rogers Corp. (ROG) moved to Nov. 5 from Tuesday
-Sanmina-SCI Corp. (SANM) moved to Tuesday from Monday
-Sealed Air Corp. (SEE) moved to Friday from Wednesday
-Sirius XM Radio Inc. (SIRI) moved to Thursday from Tuesday
-Solta Medical Inc. (SLTM) moved to Thursday from Tuesday
-Sourcefire Inc. (FIRE) moved to Thursday from Tuesday
-Southern Co. (SO) moved to Nov. 5 from Wednesday
-Spirit Airlines Inc. (SAVE) moved to Wednesday from Tuesday
-Sterling Bancorp (STL) moved to Friday from Tuesday
-Systemax Inc. (SYX) moved to Thursday from Tuesday
-Texas Roadhouse Inc. (TXRH) moved to Thursday from Monday
-Thomson Reuters moved to Friday from Tuesday
-Time Warner Cable Inc. (TWC) moved to Nov. 5 from Wednesday
-TripAdvisor Inc. (TRIP) moved to Thursday from Tuesday
-Unilife Corp. (UNIS, UNS.AU) moved to Nov. 8 from Tuesday
-Universal American Corp. (UAM) moved to Thursday from Tuesday
-USA Mobility Inc. (USMO) moved to Thursday from Monday
-Vertex Pharmaceuticals Inc. (VRTX) moved to Thursday from Monday
-Vision-Sciences Inc. (VSCI) moved to Nov. 5 from Tuesday
-Waddell & Reed Financial Inc. (WDR) moved to Wednesday from Tuesday
-Waste Management Inc. (WM) moved to Wednesday from Tuesday
Among the companies that already reported results but
rescheduled or canceled their conference calls:
-American Capital Agency Corp. (AGNC) moved to Thursday from Monday
-Arlington Asset Investment Corp. (AI) canceled its call for Tuesday
-Armstrong World Industries Inc. (AWI) moved to Wednesday from Monday
-Post Properties Inc. (PPS) moved to Wednesday from Tuesday
-Weingarten Realty Investors (WRI) moved to a yet-to-be determined date
Johnson Controls Inc. (JCI), TRW Automotive Holdings Corp. (TRW)
and Pentair Inc. (PNR) are among the companies that told Dow Jones
they intend at this time to report results Tuesday morning as
planned. Burger King Worldwide Inc. (BKW), Loews Corp. (L) and
Harris Corp. (HRS), among others, reported Monday morning as
scheduled.
Elsewhere, U.S. stock and options markets are closed Monday as a
result of Hurricane Sandy and will remain closed Tuesday.
The Conference Board is postponing the release of its October
consumer-confidence report until Thursday, from its previously
scheduled Tuesday release.
"We've made this decision to assure the safety of our staff and
all who follow the Consumer Confidence Index, as well as ensure the
distribution of the report remains fair and open," said Lynn
Franco, director of economic Indicators at the board.
Meanwhile, the Labor Department said it has yet to make a
decision on whether to delay Friday's closely watched employment
report due to the effects from Hurricane Sandy.
Write to Saabira Chaudhuri at saabira.chaudhuri@dowjones.com and
Nathalie Tadena at nathalie.tadena@dowjones.com
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