Market Overview

Stocks To Watch For November 11, 2013

Related NWSA
IMAX Fortifies South African Presence with 2 Theatre Openings - Analyst Blog
News Corp Beats on Earnings, Down Y/Y - Analyst Blog
BSkyB, 21st Century Fox in Talks Over European TV Assets (Fox Business)
Related RAX
Rumor: Rackspace Hosting Gets No Traction With Suitors
Hewlett-Packard $43 Bid For Rackspace Quashed By Anonymous Denials
IBM's (Not So) Secret Weapon: Hybrid Cloud Computing (Fox Business)

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

Wall Street expects News Corporation (NASDAQ: NWSA) to post its FQ1 earnings at $0.05 per share on revenue of $2.20 billion. News Corp shares gained 1.97% to close at $17.60 on Friday.

Analysts are expecting Rackspace Hosting (NYSE: RAX) to have earned $0.16 per share on revenue of $387.47 million in the third quarter. Rackspace Hosting shares declined 1.61% to $47.76 in after-hours trading.

Shares of Twitter (NYSE: TWTR) fell 7.24% on Friday after surging more than 70% on its NYSE debut. Twitter priced its IPO at $26 per share. Wedbush initiated coverage on the stock with a Neutral rating. Twitter shares rose 0.17% to $41.72 in the after-hours trading session.

Sotheby's (NYSE: BID) is projected to post a Q3 loss at $0.47 per share on revenue of $70.26 million. Sotheby's shares dropped 2.37% to $50.19 in after-hours trading.

Analysts expect Arkansas Best (NASDAQ: ABFS) to report its Q3 earnings at $0.36 per share on revenue of $605.98 million. Arkansas Best shares tumbled 4.64% to $25.46 in the after-hours trading session.

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

 

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