Inside these posts: Earnings estimates

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Motorola, RIM may ship 6.5M fewer phones

From Bloomberg | Libertyville-based Motorola Mobility Holdings and Research In Motion may lose more than 6.5 million in combined phone shipments this year as Verizon Wireless begins to offer Apple’s iPhone, according to JPMorgan Chase & Co.

The Verizon iPhone could lead to a 55 percent drop in Motorola’s earnings per share, Rod Hall, an analyst at JPMorgan in San Francisco, wrote in a research note.

Exelon says new tax law will hit its earnings

Power company Exelon Corp. forecast a 5 cent and 3 cent reduction for its 2010 and 2011 earnings respectively, hit by the combined effect of pension contributions and the recently passed tax legislation.

The Chicago-based company said the direct impacts of the tax legislation will reduce its 2010 earnings by about 1 cent per share and 2011 earnings by about 11 cents per share because of a cut in the manufacturing tax deduction for which it was eligible. Get the full story »

Discover call-options trading surges before earnings

From Bloomberg News | Riverwoods-based Discover Financial’s call options trading jumped to triple the four-week average, amid wagers that Discover’s stock will rally after its Dec. 16 earnings report.

Caterpillar, other companies guarded about outlook

Manufacturers enjoyed big gains on Wall Street in the third quarter, outperforming the S&P 500, as signs of a faltering U.S. recovery sent investors piling into companies like Caterpillar Inc. and Cummins Inc. that generate most of their sales overseas.

But the sustainability of those gains will be tested this month as the big industrials report their quarterly results and update investors on the outlook for the rest of the year. Get the full story »

Morgan Stanley raises outlook for ADM

The Dividend Daily | Morgan Stanley raised its price targets and earnings estimates for Archer Daniels Midland Tuesday.  It pegs shares of the agriculture products giant at $37, a 12 percent premium from their close of $32.95 Monday.