Wednesday, February 22, 2012

Stocks to watch Tuesday: Exxon, Mattel

Among the stocks that could see active trade in Tuesday��s session are Exxon Mobil Corp., Mattel Inc. and Pfizer Inc.

Exxon Mobil XOM ?is slated to report its fourth-quarter results before the opening bell. The energy behemoth is expected to earn $1.98 a share on revenue of $118.8 billion, according to the average estimate of analysts polled by FactSet Research.

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U.S. stocks pare steep losses

Stocks pared losses Monday but still finished in the red as investors focused on the standoff between Greece and its private creditors and a surge in Portugal's borrowing costs.

Toymaker Mattel��s MAT ?results are also up in the morning, and it��s seen earning $1.01 a share with sales of $2.23 billion for the fourth quarter.

Also, Pfizer PFE ?will report its latest financials and should record a profit of 47 cents a share with revenue of $16.61 billion if Wall Street��s best guess is on the mark.

Other companies due to report quarterly numbers include Tyco International Ltd. TYC ?, United Parcel Service Inc. UPS ?and Archer Daniels Midland Co. ADM ?

Sh ares of RadioShack RSH ?came unglued in after-hours action Monday, losing 19% after the electronics retailer said that its fourth-quarter profit would be cut by 75% and come in well below Wall Street hopes.

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