Tax Reform in This Election Year: It's Not Likely
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Before the bell: Stock futures indicating a higher openDeutsche Bank upped its view on oil futures and upgraded Chevron and (NYSE: CVX) and ConocoPhillips (NYSE: COP) to Hold from Sell.
Kohl's Corp. (NYSE: KSS) reported earnings after the bell Thursday. The retailer reported a near 14% drop in third-quarter net income, and, like J.C. Penney earlier Thursday, cut its earnings forecast for the holiday selling season and full year. KSS shares fell in after-hours trading.
Google Inc. (NASDAQ: GOOG) is preparing to bid on a wireless spectrum at a Federal Communications Commission auction in January, for a reported $4.6 billion. The move could help the company roll out its own nationwide mobile network. GOOG shares are up nearly 1.2% in premarket trading.
AnnTaylor Stores Corp. (NYSE: ANN) reported earning this morning, posting a net income rise to $40.8 million, or 66 cents a share, from $39.3 million, or 54 cents, a year earlier, beating estimates of 60 cents per shares. Sales rose 6% to $601 million.
Hewlett-Packard Co. (NYSE: HPQ) was upgraded to Overweight from Equal Weight by Morgan Stanley.
Target Corp. (NYSE: TGT) was downgraded by UBS from Buy to Neutral.
Fortune has an interesting piece on Apple's (NASDAQ: AAPL) iPhone ride so far, the bumps and the successes. Worth a read.
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update
