Notable NYSE Stocks (PHM, CVS, TWX)

PulteGroup, Inc. (NYSE:PHM) plunged 7.68% to $7.45 after it made its fresh one-year low of $7.32. The company posted a third-quarter loss of $995 million, or $2.63 per share, compared with a loss of $361.4 million, or $1.15 per share, a year earlier. Revenue from home sales was $1 billion, down 3 percent. The stock went down more than 25% year-to-date. CVS Caremark Corporation (NYSE:CVS) surged 1.11% to $30.87 on unusual volumes. The company said Wednesday its third-quarter earnings fell to $808 million or 59 cents a share, from $1.02 billion, or 71 cents a share, in the year-ago period. Adjusted income totaled 65 cents a share in the latest period. Revenue fell 3% to $23.9 billion. The company was expected to earn 64 cents a share, on revenue of $23.9 billion, according to a survey by FactSet Research. The company narrowed its 2010 profit view to a range of $2.68 to $2.70 a share, from its earlier estimate of $2.68 a share to $2.73 a share. The stock made its new 52-week high of $82.45. The stock went down more than 5% year-to-date. Time Warner Inc. (NYSE:TWX) went down 1.05% to $32.07. The company reported on Wednesday that third-quarter net income fell 21% on 1.8% higher revenue. Earnings fell to $522 million or 46 cents a share, from $662 million, or 55 cents, in the year-earlier quarter. Adjusted profit from continuing operations was 62 cents against 53 cents. A survey of analysts by FactSet Research produced consensus estimates of 53 cents a share of profit on $6.43 billion of revenue. At today`s closing market price, the market capitalization of the company stands at $36.05 billion. Disclaimer: The assembled information distributed by epicstockpicks.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Epicstockpicks.com does expect that investors will buy and sell securities based on information assembled and presented herein. EpicStockPicks.com will not be responsible in any way for or accept any liability for any losses arising from an investor's reliance on or use of information obtained from our website or emails. PLEASE always do your own due diligence, and consult your financial advisor.
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