Market Overview

Stocks To Watch For October 17, 2012

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

Wall Street expects Bank of America (NYSE: BAC) to report a Q3 loss of $0.07 per share on revenue of $21.89 billion. Bank of America shares rose 0.11% to $9.47 in after-hours trading.

Intel (NASDAQ: INTC) issued downbeat fourth-quarter forecast. Its adjusted earnings for the third quarter came in at $0.60 per share. Intel shares dropped 3.27% to $21.62 in the after-hours trading session.

Analysts expect Pepsico (NYSE: PEP) to report its Q3 EPS at $1.16 on revenue of $16.90 billion. Pepsico shares dropped 0.14% to $70.20 in after-hours trading.

International Business Machines (NYSE: IBM) reported a 5.4% drop in its third-quarter revenue. Its revenue declined to $24.7 billion, versus analysts' estimates of $25.4 billion. IBM shares fell 3.41% to $203.80 in the after-hours trading session.

Fortinet (NASDAQ: FTNT) issued downbeat forecast for the full year. Fortinet shares tumbled 17.74% to $20.40 in after-hours trading.

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

 

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