Market Overview

Stocks To Watch For January 15, 2013

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

Wall Street expects Lennar (NYSE: LEN) to report its Q4 earnings at $0.44 per share on revenue of $1.32 billion. Lennar shares rose 0.41% to $41.19 in after-hours trading.

Dell (NASDAQ: DELL) is in talks to go private, according to the reports. Dell shares surged 3.58% to $12.73 in the after-hours trading session.

Lululemon Athletica (NASDAQ: LULU) lifted its FQ4 earnings forecast. Lululemon now projects earnings of $0.74 per share. It also expects revenue to be at the high end of its earlier view range of $475 million to $480 million. However, analysts were expecting earnings of $0.74 per share on revenue of $489 million. Lululemon shares dropped 6.90% to $67.31 in the after-hours trading session.

Analysts expect Forest Laboratories (NYSE: FRX) to post a Q3 loss at $0.13 per share on revenue of $764.25 million. Forest Laboratories shares fell 0.38% to $37.45 in after-hours trading.

Majesco Entertainment Company (NASDAQ: COOL) posted a Q4 net loss of $2.7 million, versus a year-ago net loss of $3.9 million. The company projects drop in its fiscal 2013 sales. Majesco shares tumbled 30.19% to $0.74 in after-hours trading.

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

 

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