Stocks To Watch For May 16

Some of the stocks that may grab investor focus today are: Wall Street expects Deere & Company DE to post its Q2 EPS at $2.53 on revenue of $9.70 billion. DE shares gained 0.17% to $76.75 in after-hours trading. Safeway Inc SWY lifted its quarterly dividend by 21%. The company increased the dividend to 17.5 cents per share from 14.5 cents per share. SWY shares fell 0.16% to $18.75 in the after-hours trading session. Analysts are expecting Target Corp TGT to have earned $1.01 per share on revenue of $16.83 billion in the first quarter. TGT shares rose 0.22% to $55.20 in after-hours trading. J.C. Penney Company Inc JCP reported a wider-than-expected first-quarter loss. JCP shares tumbled 11.10% to $29.62 in the after-hours trading session. Analysts expect Staples Inc SPLS to post its Q1 EPS at $0.30 on revenue of $6.19 billion. SPLS shares dropped 0.61% to $14.66 in after-hours trading.
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