Stocks To Watch For May 10 (DIS, MNKD, MDR, MSFT, WEN)
Some of the stocks that may grab investor focus today are:
Wall Street expects Walt Disney Company (NYSE: DIS) to report its FQ2 EPS at $0.56 on revenue of $9.13 billion. DIS shares gained 0.23% to $43.20 in after-hours trading.
MannKind Corp (NASDAQ: MNKD) reported a Q1 loss at $41.5 million, or $0.34 per share, versus a loss of $44.7 million, or $0.40 per share, in the year-ago quarter. The company's revenue came in at $50,000. However, analysts had expected a loss of $0.29 per share. The company is seeking the Food and Drug Administration (FDA) approval for an inhaled insulin treatment. FDA told MannKind to run additional trials on its drug Afrezza. MNKD shares dipped 14.32% to $3.77 in the after-hours trading session.
Analysts are expecting McDermott International Inc (NYSE: MDR) to have earned $0.28 per share on revenue of $738.98 million in the first quarter. MDR shares fell 0.75% to $22.33 in after-hours trading.
Microsoft Corp (NASDAQ: MSFT) is nearing a deal to purchase Internet phone company Skype Technologies for $8.5 billion including assumed debt, a source related with the situation said. MSFT shares fell 0.12% to $25.80 in the after-hours trading session.
Analysts expect Wendy's/Arby's Group Inc (NYSE: WEN) to report its Q1 EPS at $0.02 on revenue of $845.59 million. WEN shares rose 0.62% to $4.85 in after-hours trading.
