Market Overview

Stocks To Watch For September 6, 2012

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Some of the stocks that may grab investor focus today are:

Wall Street expects Hovnanian Enterprises (NYSE: HOV) to report a Q3 loss at $0.12 per share on revenue of $386.18 million. Hovnanian Enterprises shares fell 1.25% to $3.17 in after-hours trading.

VeriFone Systems (NYSE: PAY) reported downbeat fiscal third-quarter revenue and issued weak adjusted sales forecast for fiscal fourth-quarter. VeriFone shares dipped 11.02% to $31.48 in the after-hours trading session.

Analysts expect UTi Worldwide (NASDAQ: UTIW) to report its Q2 EPS at $0.23 on revenue of $1.28 billion. UTi Worldwide shares declined 2.11% to close at $13.45 yesterday.

Zillow (NASDAQ: Z) announced its plans to sell 3.2 million shares in a secondary offering. Zillow shares dropped 3.72% to $40.85 in after-hours trading.

OCZ Technology Group (NASDAQ: OCZ) lowered its sales forecast for the second quarter. OCZ now projects quarterly sales of $110 million to $120 million, down from its earlier forecast of $130 million to $140 million. OCZ shares tumbled 21.08% to $4.23 in the after-hours trading session.

Posted-In: Stocks To WatchEarnings News Guidance Offerings Pre-Market Outlook Markets Trading Ideas

 

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