Celgene Corporation (NASDAQ:CELG) reported Q3 earnings that were better than analysts had expected and as raised its guidance for FY 2014. The biopharmaceutical company said adjusted earnings rose 24% to $0.97 per diluted share compared to the $0.94 average estimate from analysts polled by Capital IQ. Total sales rose 18% to $1.98 billion while net product sales rose 19% to $1.96 billion. Analysts had expected $1.95 billion in sales. On a reported basis, net income rose to $508.5 million or $0.61 per diluted share from $372.5 million or $0.43 a year earlier. Celgene meanwhile updated its guidance and said it now expects total revenue in 2014 to exceed $7.6 billion, or rise 17% year-on-year, compared to the $7.6 billion consensus. Celgene Corporation (NASDAQ:CELG) also raised its guidance range for adjusted diluted EPS to between $3.65 to $3.70 from previously $3.60 to $3.65. Analysts had been expecting FY EPS of $3.65.General Motors Company (NYSE:GM), the auto maker reported Q3 results above analysts' expectations. GM is trading in a 52-week range of $28.82 to $41.85. Net income attributable to common shareholders rose to $1.38 billion, or $0.81 per diluted share, from $757 million, or $0.45 per diluted share, a year earlier. Adjusted to exclude one-time items, it earned $0.97 per share in the latest quarter, up from $0.96 per share a year earlier, and topping the $0.93 per share expected on average by analysts polled by Capital IQ.Revenue climbed to $39.26 billion from $38.98 billion, surpassing the Street's prediction of $38.59 billion. "Strong global sales and growing margins in North America and China helped GM deliver very solid third quarter results," said General Motors Company (NYSE:GM) CEO Mary Barra. "Despite industry challenges in Russia and South America, our earnings were on plan as we continue to execute our customer-focused strategy."Caterpillar Inc. (NYSE:CAT) a manufacturer of construction and mining equipment, has reported Q3 results that beat the Street view on EPS and total revenues. The company reported Q3 EPS of $1.72, up from $1.49 a year ago and beating analyst estimates of $1.34 for the quarter. Total revenues of $13.54 billion were up from $13.42 billion in Q3 2013 and surpassed analyst projections of $13.18 billion.Shares of Caterpillar Inc. (NYSE:CAT) are trading within a 52-week range of $81.87 - $111.46.Sales increased 15% in North America, primarily due to higher demand for oil and gas and transportation applications and construction equipment. Sales decreased 21% in Latin America, primarily due to lower end-user demand. Asia/Pacific sales declined 7% primarily due to lower construction and mining sales. Sales in EAME were about flat as lower end-user demand was offset by the favorable impact of changes in dealer inventories. The company now expects 2014 sales and revenues to be about $55 billion, the middle of the previous outlook range of $54 to $56 billion. The company has increased guidance on full-year EPS to $6.50 from previous guidance of $5.85.
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