Today's earnings calendar includes the latest quarterly numbers from General Mills (GIS) this morning, and from Bed Bath & Beyond (BBBY) and Red Hat (RHT) after this afternoon's closing bell.
Oracle (ORCL) is a stock to watch this morning, after fiscal first quarter earnings beat Street estimates and the company made upbeat comments about the current quarter.
Adobe Systems (ADBE) also beat estimates with its profits and forecast a strong finish to 2011.
Orexigen (OREX) surged in after-hours trading after announcing it would begin a new heart safety trial of its experimental obesity drug Contrave. It's hoping to reverse the FDA's prior stance that it could not approve the pill because of its cardiovascular effects.
UBS (UBS) is also on our watch list, as CEO Oswald Gruebel reportedly rules out a sale of the company's investment banking division.
Apache (APA) is buying some UK assets from Exxon Mobil (XOM) in a $1.75 billion deal.
And Boeing (BA) is reportedly in advanced discussions with Chinese airlines about its 787 Dreamliner aircraft that could lead to new orders.
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