Stocks Surge on Geithner Pick

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Among Friday's stocks in the news, Dell Inc. (DELL) posted third-quarter EPS of 37 cents, vs. 34 cents one year earlier, as controlled costs and an improved product mix offset a 3% revenue decline. Dell said it will continue to focus on improving competitiveness, lowering costs, and improving its mix of products and services to optimize liquidity, profitability and growth.

H.J. Heinz (HNZ) posted second-quarter EPS of 87 cents, vs. 71 cents one year earlier, on a 5.8% organic sales rise. The company sees fiscal 2009 organic sales growth of at least 6%, and EPS of $2.87-$2.91.

Wal-Mart (WMT) unexpectedly announced a new chief executive, Mike Duke, replacing H. Lee Scott, who has led the world's largest retailer for almost nine years.

Salesforce.com (CRM) posted third-quarter EPS of 8 cents, vs. 5 cents one year earlier, on a 43% revenue rise. The company sees fourth-quarter revenue of about $284 million-$285 million, and EPS of 6 cents-7 cents, and fiscal 2010 revenue of $1.35 billion-$1.36 billion. The company expects to update this guidance, as well as provide its expectations for fiscal 2010 GAAP EPS, when it announces its fourth quarter anf fiscal 2009 results in February.

Autodesk (ADSK) posted third-quarter non-GAAP EPS of 56 cents, vs. 49 cents one year earlier, on a 13% revenue rise. GAAP EPS was 45 cents. The company sees fourth revenue of $525M-$550M, non-GAAP EPS of $0.28-$0.34. Autodesk sees fourth-quarter GAAP EPS of 13 cents-19 cents. Given the uncertainty of current markets, the company says it is not providing guidance for fiscal 2010 at this time.

New York Times Co. (NYT) announced that in October total company revenues from continuing operations decreased 9.4%. Advertising revenues decreased 16.2% and circulation revenues increased 3.9%.

AnnTaylor Stores Corp. (ANN) broke even in the third quarter, compared to earnings of 67 cents per share a year ago. Same-store sales fell 19%, while total sales dropped 12%.

Nike (NKE) raised its 23 cents quarterly dividend by 9% to 25 cents.

Keycorp (KEY) cut its quarterly dividend 67%.

Steverman is a reporter for BusinessWeek's Investing channel. Andrews is managing editor of the Investing Channel for BusinessWeek.com .