Tuesday, October 30 07:42:46
Dozens of U.S. companies postponed releasing quarterly results on Monday and Today as Sandy, one of the biggest storms to hit the United States, pounded the east coast on Tuesday, flooding large parts of New York City, bringing transport to a halt and interrupting the presidential campaign. All U.S. stock markets will be closed through Tuesday. Wall Street firms kept only limited staffing ahead of Hurricane Sandy's approach and many financial professionals worked from home. Companies announcing delayed results and/or conference calls:
-- Acorda Therapeutics Inc : rescheduled third-quarter financial results and conference call to Oct. 31 from Oct. 30. -- Advent Software Inc reschedules third-quarter results and conference call to Oct. 30. -- Aegion Corp rescheduled third-quarter results to Oct. 31, after market closes. Its conference call will be held on Nov. 1, 9.30 am Eastern Time. -- Affiliated Managers Group Inc rescheduled third-quarter results to Oct. 31, and will hold a teleconference at 11.00 am Eastern Time. -- AGCO Corp rescheduled third-quarter results to Oct 31, 8 am Eastern Time from Oct. 30. American Capital Agency Corp will report third-quarter earnings on Oct. 29 after market, but rescheduled its shareholder call to Nov. 1. The earnings call may be further postponed depending on when equity markets reopen, it said.
Dozens of other Corporations are also in the same position. ( C) Reuters