Aetna, Inc.(NYSE: AET):

Aetna Inc. reported lower than anticipated profit with third quarter net income dropping 44 percent. The market analysts have reduced their forecast on insurers for the year as the financial turmoil is driving down the capital markets. Aetna reported earnings of $277.3 million, or 58 cents per share, compared with $496.7 million, or 95 cents per share, a year earlier in the same period; revenue moved up by 9.5 percent to $7.62 billion from $6.96 billion. The market analysts on Wall Street expected net income of $1.12 per share on revenue of $7.92 billion. It slashed its full-year operating earnings outlook to between $3.90 and $3.95 per share. Shares of the firm were trading down by $2.70 or 9.71 percent at $25.10.

Alpha Natural Resources Inc (NYSE: ANR):

Metallurgical coal supplier's third quarter net income was 8 times higher at $69.9 million, or 97 cents per share, compared with $8.9 million or $0.14 per share, a year earlier in the same period. Revenue moved up to $623 million, compared with $441 million reported a year earlier. Alpha recorded coal revenues of $623.0 million, compared with $440.9 million in the same period of 2007. Shares of the firm were trading higher by $6.12 or 20.65 percent to $35.75.

ALPHARMA Inc (NYSE: ALO):

The specialty pharmaceutical company's profit plunged by 73 percent in the third quarter to $4.1 million, or 10 cents per share, compared with $15.1 million, or 35 cents per share, a year earlier. Revenue in the quarter advanced by 32 percent, to $175.7 million from $133.2 million, which includes $30.9 million from the sales in Flector. The market analysts on Wall Street were expecting the company to post a profit of 7 cents per share on $169.9 million in revenue. The stock was trading higher 78 cents or 2.59 percent to $30.85 on Wednesday.

Cardinal Health, Inc (NYSE: CAH):

The health care products and services company's first quarter profit declined on higher expenses. The firm said its quarterly earnings were down by 17 percent for the period ended Sept. 30 to $249 million, or 69 cents a share, compared with $302 million, or 82 cents a share, for the year earlier in the same period. Sales for the Dublin, Ohio-based company increased by 11 percent to $24.3 billion in the quarter from $22 billion the 2007 period. For the fiscal year ending in June, the firm said it still projects profit between $3.80 and $3.95 per share, excluding special charges. The stock of the firm was down in the New York Stock Exchange composite trading by $2.22 or 5.81 percent at $36.00 on Wednesday.

Corning Incorporated (NYSE: GLW):

The specialty glass and ceramics maker was moving down on profit warning. Shares of the firm were trading lower by 91 cents or 7.96 percent at $10.51 in late morning trading. The company reported that its net profit advanced by 24 percent in the third quarter to $768 million, or 49 cents a share, from $617 million, or 38 cents a share, a year earlier in the same period.  Excluding settlement gains of a tax dispute and other items, the firm's net profit was 46 cents a share, more than the market analysts on Wall Street expectation of 44 cents per share in the quarter. Sales of the firm increased to $1.56 billion from $1.55 billion, a year earlier in the same period. The firm projected that its fourth quarter earnings to be between 20 cents per share to 28 cents per share, excluding certain items. Shares declined to its previous 52-week low of $9.80 on Wednesday.