Hurricane Sandy, which has already hit the eastern coast, has already prompted many companies to postpone their earnings reports.
The major stock exchanges New York Stock Exchange and the Nasdaq are closed on Monday and the authorities have said they will be monitoring the situation and decide whether the exchanges can open on Tuesday.
Pfizer Inc., Thomson Reuters Corp. and NRG Energy Inc. are among those holding financial reports until later this week. Pfizer and Martha Stewart Living Omnimedia Inc., which were due to report Tuesday, will now announce results on Thursday. Thomson Reuters, also originally scheduled for Tuesday, will report Friday. NRG and McGraw-Hill Cos. will also report on Friday instead of Wednesday.
The list of companies who have decided to delay their earnings announcements are (according to AP) -
Power provider Entergy Corporation(NYSE:ETR) will report on Nov. 5 instead of Tuesday.
Biopharmaceutical Acorda Therapeutics Inc(NASDAQ:ACOR) will report results on Wednesday instead of Tuesday.
Maintenance products distributor MSC Industrial Direct Co Inc(NYSE:MSM) will report results on Wednesday instead of Tuesday.
Mortgage insurer Radian Group Inc.(NYSE:RDN) will report earnings on Thursday instead of Tuesday.
Rudolph Technologies Inc(NASDAQ:RTEC), a provider of process characterization equipment and software for wafer fabs and advanced packaging facilities, will report results on Wednesday instead of Monday.
Satellite radio provider Sirius XM Radio Inc(NASDAQ:SIRI) will report earnings on Thursday instead of Tuesday.
Commercial mortgage real estate investment trust Apollo Commercial Real Est. Finance Inc(NYSE:ARI) will report on Thursday instead of Tuesday.
Office Depot Inc(NYSE:ODP) will report on Nov. 6 instead of Tuesday.