Stocks To Watch For August 23, 2012

Some of the stocks that may grab investor focus today are: Wall Street expects Big Lots

to report its Q2 earnings at $0.41 per share on revenue of $1.24 billion. Big Lots shares gained 0.28% to close at $38.84 yesterday. Guess'

issued a downbeat forecast for the full year. Guess shares tumbled 16.25% to $28.09 in the after-hours trading session. Analysts are expecting Hormel Foods

to have earned $0.41 per share on revenue of $2.01 billion in the third quarter. Hormel Foods shares fell 0.32% to close at $28.42 yesterday. Hewlett-Packard Company

reported its fiscal third-quarter adjusted earnings at $1 per share, versus analysts' estimates of $0.98 per share. Hewlett-Packard shares dropped 4.79% to $18.28 in the after-hours trading session. Analysts expect Fred's

to report its Q2 EPS at $0.18 on revenue of $466.80 million. Fred's shares dropped 1.24% to close at $15.19 yesterday.