Some Earnings Reports Delayed by Hurricane Sandy
According to Marketwatch:
- Pfizer Inc. (NYSE: PFE) will report quarterly results on Thursday instead of Tuesday.
- Entergy Corp. (NYSE: ETR) has pushed back its report from Tuesday to Nov. 5.
- NRG Energy Inc. (NYSE: NRG) will share its most recent results on Friday instead of Wednesday.
- Thomson Reuters (NYSE: TRI) has postponed its earnings report to Friday from Tuesday.
Hurricane Sandy also has prompted the cancellation of thousands of flights into and out of the U.S. Northeast, and the New York City subway system began to close down Sunday evening at 7 p.m. Up to 284,000 homes are expected to be damaged, with an aggregate value of $88 billion. Overall, Hurricane Sandy may cost insurers more than $3 billion.