Market Overview

Stocks To Watch For November 12, 2012

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

Wall Street expects Beazer Homes USA (NYSE: BZH) to post a Q4 loss at $1.22 per share on revenue of $335.11 million. Beazer Homes shares fell 0.54% to $16.55 in after-hours trading.

Precision Castparts (NYSE: PCP) announced its plans to acquire Titanium Metals (NYSE: TIE) for around $2.9 billion. Precision Castparts shares gained 4.18% to $178.50 in after-hours trading, while Titanium Metals shares jumped 42.35% to $16.47 in the after-hours trading session.

Analysts expect DR Horton (NYSE: DHI) to report its Q4 earnings at $0.28 per share on revenue of $1.35 billion. DR Horton shares rose 0.29% to $20.66 in after-hours trading.

Lockheed Martin (NYSE: LMT) announced the resignation of Chris Kubasik as vice chairman, president and chief operating officer after an ethics investigation found he had a personal relationship with a subordinate employee. Kubasik was scheduled to take over as CEO in January. Lockheed Martin shares dropped 0.03% to $89.95 in the after-hours trading session.

Star Scientific (NASDAQ: STSI) reported its Q3 net profit of $0.4 million, versus a year-ago net loss of $6.6 million. Star Scientific shares dipped 12.50% to $2.24 in the after-hours trading session.

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

 

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