Market Overview

Stocks To Watch For November 9, 2012

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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.

Priceline.com (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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