Celina Jade
2
All posts from Celina Jade
Celina Jade in Markets at a glance,

Apple, IBM, Chipotle earnings in focus

Bloomberg/file 2014

AChipotle worker prepares a lunch order at a New York City outlet.

Among the companies whose shares are expected to see active trading in Monday’s session are Apple Inc., International Business Machines Corp., and Chipotle Mexican Grill Inc.

Apple AAPL, +1.46% : The iPhone maker is projected to post fourth-quarter earnings of $1.31 a share, according to a consensus survey by FactSet.

IBM IBM, +1.23% :The technology giant is forecast to report third-quarter earnings of $4.32 a share.

Chipotle Mexican Grill CMG, -0.66% : The burrito chain is expected to report third-quarter earnings of $3.84 a share.

Texas Instruments Inc. TXN, +0.18% : The chip maker is likely to post third-quarter earnings of 71 cents a share.

Hasbro Inc. HAS, -0.66% : The toy maker is forecast to post third-quarter earnings of $1.45 a share.

Family Dollar Stores Inc. FDO, +0.52% : Elliott Advisors said late Friday that Family Dollar Stores’ board should give Dollar General Corp. DG, +2.01% an “even playing field” in its latest offer to buy Family Dollar. The criticism comes after Family Dollar accepted smaller rival Dollar Tree’s lower bid and rejected Dollar General’s offer, citing antitrust concerns. Elliott owns a 4.9% stake in Family Dollar.

By

SUE CHANG

MARKETS REPORTER