CBS (CBS) which reports after the closing bell. We've all been hearing about the company's battles with Time Warner Cable (TWC) over subscription fees to carry CBS programming. This is part of a larger move by the company to lower its dependency on advertising dollars. Along these lines, the company has recently strengthened ties with Netflix (NFLX). Analysts are looking for earnings of 72-cents a share up from 65-cents last year on revenue of $3.51-billion. The stock is up 33% year-to-date and set a new 52-week high about two weeks ago.
Whole Foods Market (WFM) also reports after today's close. Analysts are looking for significant growth over last year with revenues that surpass $3-billion and earnings of 37-cents a share, up a nickel from a year ago. Whole Foods has reported double-digit revenue increases for the past four quarters. 65% of analysts rate it as a buy. The stock is currently up 21% year-to-date. It hit an all-time high back on July 17th.
Cubist Pharmaceuticals (CBST)Read More »from CBS & Whole Foods Reporting; Riverbed Sinks on Earnings