Market Overview

Stocks To Watch For May 16, 2014

Share:
Stocks To Watch For May 16, 2014
Related CSIQ
Canadian Solar Awarded Five Solar Power Projects in Brazil Totaling 185 MW
Canadian Solar Announces Partnership in 200 Megawatt Tranquillity Solar Power Project
Canadian Solar strikes deal for 185MW worth of Brazilian solar projects (Seeking Alpha)
Related JCP
Mid-Afternoon Market Update: NASDAQ Down 1.3%; Medicines Company Shares Gain Following Announcement Of Positive ALN-PCSsc Study Results
JC Penney Climbs Back Over $9
2015 Holiday Season Ahead: Should Retailers Be Optimistic? (Zacks)

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

Wall Street expects Canadian Solar (NASDAQ: CSIQ) to report its Q1 earnings at $0.12 per share on revenue of $431.98 million. Canadian Solar shares rose 0.71% to $25.50 in after-hours trading.

J.C. Penney (NYSE: JCP) reported stronger-than-expected first-quarter results. J.C. Penney's same-store sales also surged 6.2% in the quarter. J.C. Penney shares jumped 18.28% to $9.90 in the after-hours trading session.

Analysts expect SORL Auto Parts (NASDAQ: SORL) to report its Q1 earnings at $0.11 per share on revenue of $46.94 million. SORL Auto shares fell 1.35% to close at $2.93 yesterday.

Nordstrom (NYSE: JWN) reported upbeat first-quarter results. Nordstrom posted a quarterly profit of $0.72 per share on revenue of $2.93 billion. However, analysts were expecting a profit of $0.68 per share on revenue of $2.86 billion. Nordstrom shares surged 10.91% to $68.20 in the after-hours trading session.

Autodesk (NASDAQ: ADSK) reported better-than-expected first-quarter earnings. Autodesk posted its adjusted earnings of $0.32 per share on revenue of $592.5 million. However, analysts were expecting earnings of $0.21 per share on revenue of $569 million. Autodesk shares climbed 4.77% to $50.10 in after-hours trading.

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

 

Related Articles (ADSK + CSIQ)

Get Benzinga's Newsletters