Stocks in the news: Chevron, Sony, Alcatel-Lucent, Duke Energy

Updated

Chevron Corp. (CVX) said Friday its third-quarter earnings fell 52 percent to $3.8 billion, or $1.92 a share. Total revenues fell 41 percent to $46.6 billion. Recent earnings include a one-time benefit of 20 cents a share from the sale of assets. Analysts polled by FactSet Research were looking for earnings of $1.44 a share, on average.

Sony
(SNE) reported a smaller-than-expected 26.3 billion yen ($289 million) quarterly loss as cost cuts combined with healthy sales of PlayStation 3 game consoles and Michael Jackson hits helped it inch toward recovery. The company also trimmed its full-year loss forecast.

Advertisement