Market Overview

Stocks To Watch For November 9, 2012

Stocks To Watch For November 9, 2012
Related GRPN
Brean Reiterates Buy On Groupon, Sees 'International Changes As Another Sign Of Maturity'
Groupon Plans To Slash 10% Of Employees, Leave Seven Countries
Related JWN
Nordstrom Inc. Puts In Double Bottom At $70.60 Area
Nordstrom's Buyback And Special Dividend: What Should Investors Think?
Nordstrom (Investor's Business Daily)

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

Groupon (NASDAQ: GRPN) reported weaker-than-expected third-quarter results. Groupon shares tumbled 16.07% to $3.29 in the after-hours trading session.

Nordstrom (NYSE: JWN) reported a downbeat third-quarter profit. Nordstrom shares fell 2.53% to $54.00 in the after-hours trading session.

Wall Street expects J. C. Penney Company (NYSE: JCP) to report a Q3 loss at $0.07 per share on revenue of $3.27 billion. J. C. Penney shares declined 0.18% to $21.65 in after-hours trading. (NASDAQ: PCLN) announced its plans to acquire Kayak Software (NASDAQ: KYAK) in a $1.8 billion deal. Kayak shares jumped 26.61% to $39.30 in the after-hours trading session, while Priceline shares dropped 1.89% to $616.00 in after-hours trading.

Walt Disney Co (NYSE: DIS) reported a 14% rise in its net income in the fiscal fourth quarter. However, the company's quarterly revenue missed analysts' estimates. Disney shares declined 2.62% to $48.73 in after-hours trading.

Posted-In: Stocks To WatchEarnings News M&A Pre-Market Outlook Markets Trading Ideas


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