Stocks To Watch For December 15 (BRCM, BMY, JOYG, YHOO, ADSK)
Some of the stocks that may grab the investor focus today are:
Broadcom Corp (NASDAQ: BRCM) lifted its Q4 revenue projections to $1.9 billion. However, analysts estimated revenue of $1.85 billion for the quarter. BRCM shares moved up 0.04% to $45.00 in after-hours trading.
The board of Bristol-Myers Squibb Co (NYSE: BMY) lifted the Q1 dividend by 3.1% to $0.33 per share. The dividend will be payable on February 1 to the shareholders as of record at the close of business on January 7. BMY shares fell 0.50% to $26.42 in the after-hours trading session.
Wall Street expects Joy Global (NASDAQ: JOYG) to report its FQ4 EPS at $1.16. JOYG shares rose 0.11% to $80.30 in after-hours trading.
Yahoo Inc (NASDAQ: YHOO) announced its plans to reduce 4% of its workforce or about 600 employees. Yahoo said, "Today's personnel changes are part of our ongoing strategy to best position Yahoo for revenue growth and margin expansion.” YHOO shares lost 0.18% to $16.60 in the after-hours trading session.
The board of Autodesk Inc (NASDAQ: ADSK) approved to expand its plan to repurchase shares of its stock. Its board approved a buyback of up to 20 million common shares, on top of about remaining 5.5 million shares, under earlier share buyback program. ADSK shares gained 0.80% to $39.23 in after-hours trading.
