Market Overview

Stocks To Watch For January 7, 2014

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Stocks To Watch For January 7, 2014
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Some of the stocks that may grab investor focus today are:

Wall Street expects Commercial Metals Company (NYSE: CMC) to report its Q1 earnings at $0.24 per share on revenue of $1.74 billion. Commercial Metals shares gained 1.87% to $20.15 in after-hours trading.

Palo Alto Networks (NYSE: PANW) reported that it has bought privately held Morta Security. Financial terms of the transaction were not disclosed. Palo Alto shares surged 7.07% to $61.93 in the after-hours trading session.

Analysts expect Micron Technology (NASDAQ: MU) to post its Q1 earnings at $0.44 per share on revenue of $3.72 billion. Micron shares rose 0.10% to $20.69 in after-hours trading.

Sonic (NASDAQ: SONC) reported a 34% surge in its fiscal first-quarter net income. Sonic shares climbed 3.95% to $20.01 in the after-hours trading session.

Convergys (NYSE: CVG) announced its plans to acquire Stream Global Services for $820 million in cash. Convergys also reaffirmed its outlook for 2013. Convergys shares jumped 18.65% to $24.75 in after-hours trading.

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

 

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