A roundup of the latest corporate earnings reports and what companies are saying about future quarters.

  A rounup of business and financial news breaking before the opening bell on Wall Street.

  Hewlett-Packard's 14% growth in fourth-quarter profit comes despite a dip in sales, as the Silicon Valley behemoth sustains from lower revenue in its key PC and printer segments but also shows the impact of having acquired tech-services giant EDS.

  With consumer spending on the rise, the economy expand at a revised 2.8% annualized rate in the third quarter, the Commerce Department reports.

  Citigroup Inc. took another step in repairing its battered balance sheet on Tuesday, as it reached a deal to sell its Diners Club North American card franchise.

  Shares of Medtronic rise after the medical technology specialist says second-quarter profit rose 59%.

  Russia’s central bank lowers its refinancing rate by 50 basis points on Tuesday, extending its easing cycle.

  European shares weakened on Tuesday, with banks leading the decline after a report from ratings agency Standard &Poor’s raised worries about capital levels in the sector.

  The currency market digests data showing surprisingly strong business sentiment in Germany while awaiting a revised figure on gross domestic product in the U.S. economy for the third quarter.

  Shares expected to see active trade in Tuesday's session include Analog Devices, Brocade, Heinz, HP, Medtronic, Merck, Playboy, Warner Music and Zale.