Exxon Mobil profit falls; Valeant and Philidor part ways; AIG split coming?

Here are some of the stocks the Yahoo Finance team will be watching for you today.

Exxon Mobil (XOM) reported a beat on both its top and bottom lines for the third quarter. However, profit fell 47%, while revenue declined 37% from a year ago as lower oil prices hurt profits.

Starbucks (SBUX) posted earnings and revenue that came in right in line with estimates. Revenue jumped 18% rom a year earlier thanks to better-than-expected same-store sales growth in the U.S.  But the company's issued a weak outlook for the current quarter.

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LinkedIn (LNKD) raised its outlook for the year after the professional networking service reported stronger-than-expected earnings and revenue for the third quarter. Revenue rose 37% from a year earlier as its expansion overseas and its mobile apps upgrades paid off.

Valeant (VRX) is ending its relationship with pharmacy provider Philidor. The two companies have come under scrutiny for their close business practices. This comes a day after CVS Health (CVS), Express Scripts (ESRX) and UnitedHealth's (UNH) Optum cut ties with the mail-order pharmacy.  October has been a rough month for Valeant. The stock has taken a big hit after short-seller Citron accused Valeant of using Philidor to create "phantom sales.” Valeant has denied any wrongdoing.

AIG (AIG) is in the spotlight this morning The Wall Street Journal is reporting that the company is weighing a spinoff or sale of its mortgage insurance unit. This comes amid pressure from activist investors Carl Icahn and John Paulson who are calling for the AIG to break itself up into three parts.