Stocks to Watch: Disney, Sirius
NEW YORK -- Walt Disney
Shares of Disney, a Dow component, have risen more than 30% since the start of the year.
Sirius XM Radio
Sirius has topped expectations in four of the past five quarters, and the stock has risen more than 15% in 2012.
The online travel reservation company posted year-earlier earnings of $5.49 a share on revenue of $1.10 billion.
Johnson & Johnson
The two companies were partners on the drug's development as was Elan
Elan said it expects to record a non-cash impairment charge of $117.3 million in the third quarter to write down the entire value of its Janssen AI investment.
The San Diego-based provider of wireless communications services posted a loss Monday of $46 million, or 54 cents a share, on revenue of $786.8 million, missing the average estimate of analysts polled by Thomson Reuters for a loss of 50 cents a share on revenue of $836.3 million.
-- Written by Joseph Woelfel
>To contact the writer of this article, click here: Joseph Woelfel
>To submit a news tip, send an email to: firstname.lastname@example.org.