Top 5 Stocks For March 12, 2010 (ANN, KIRK, ACMR, FNM, GEOY)
Ann Taylor (NYSE: ANN) is expected to post a loss of $0.02 per share for the latest quarter when the business woman's favorite clothier reports its results before the market opens. ANN gains 0.26% to $19.50 in the after hours session.
Kirkland's Inc (NASDAQ: KIRK) had forecasted its earnings for the latest quarter at $0.81 per share. KIRK is scheduled to announce its results prior to trading. KIRK jumped 5.23% to close at $19.51 yesterday.
Arts and crafts retailer, AC Moore Arts & Crafts Inc (NASDAQ: ACMR), had expected its losses to remain below $0.21. ACMR reports before the opening bell. ACMR fell 1.00% to close at $2.97 in yesterday’s trading.
Mortgage kingpin, Fannie Mae (NYSE: FNM), has sold off $6 billion in debt. This makes this sale the biggest offering in more than a year. FNM moved up 0.91% to $1.11 in after hours trading.
Powerhouse fund, Cerebus Capital, has agreed to buy up to 115 thousand convertible shares of GeoEye (NASDAQ: GEOY). GEOY’s shares climbed 15.24% to close at $28.50 yesterday.
