Market Overview

Stocks To Watch For July 5

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UPDATE: International Speedway Posts Upbeat FQ2 Earnings
International Speedway Up on Strong 2Q Revenue (Fox Business)
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Some of the stocks that may grab investor focus today are:

Wall Street expects International Speedway (NASDAQ: ISCA) to report its Q2 earnings at $0.40 per share on revenue of $158.65 million. International Speedway shares dropped 0.72% to close at $26.25 on Tuesday.

Target (NYSE: TGT) is scheduled to release sales results for June. It is expected to post a 2.4% rise in its same-store sales. Target shares declined 0.84% to close at $57.78 on Tuesday.

Shares of M*Modal (NASDAQ: MODL) jumped 8.43% on Tuesday after One Equity Partners announced its plans to acquire MModal for around $1.1 billion in cash. M*Modal shares closed at $14.02 on Tuesday.

Analysts are expecting Xyratex Ltd (NASDAQ: XRTX) to have earned 0.29 per share on revenue of $327.03 million in the second quarter. Xyratex shares gained 3.97% to close at $11.53 on Tuesday.

Costco Wholesale (NASDAQ: COST) is projected to report its June sales results. Costco Wholesale shares rose 0.02% to close at $94.42 on Tuesday.

Posted-In: Stocks To WatchEarnings News Retail Sales Pre-Market Outlook Markets Trading Ideas


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