Market Overview

Stocks To Watch For June 13, 2014

Share:
Stocks To Watch For June 13, 2014
Related INTC
Citi Just Reiterated On Intel, Altera and Xilinx...But Why?
Is Intel About To Roar? Technical View Shows Bearish Inklings
Developing Linux Is Essential To Intel's Success (Seeking Alpha)
Related FNSR
Technicians: Watch Finisar, VirnetX, GoPro, Glu Mobile & BlackBerry
Top 4 NASDAQ Stocks In The Networking & Communication Devices Industry With The Highest Profit Margin
Finisar: A Leader In Its Industry Worthy Of Investor Attention (Seeking Alpha)

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

Intel (NASDAQ: INTC) lifted its revenue guidance. The company expected Q2 revenue of $13.4 billion to $14 billion, versus its earlier forecast of $12.5 billion to $13.5 billion. Intel shares climbed 5.58% to $29.52 in the after-hours trading session.

Sycamore Partners said Thursday that it is interested in acquiring Express (NYSE: EXPR). Sycamore has already acquired a 9.9% stake in Express, according to a regulatory filing. Express shares jumped 22.14% to $16.55 in the after-hours trading session.

Wall Street expects Multi-Color (NASDAQ: LABL) to post its quarterly earnings at $0.58 per share on revenue of $187.53 million. Multi-Color shares gained 0.26% to close at $35.16 yesterday.

Finisar (NASDAQ: FNSR) reported downbeat earnings for the fourth quarter and issued a weak profit forecast for the current quarter. Finisar shares tumbled 22.46% to $19.58 in the after-hours trading session.

Abraxas Petroleum (NASDAQ: AXAS) launched an offering of 10 million shares and lifted its FY14 production outlook to 5,800-6,000 Boepd. Abraxas shares fell 1.35% to $5.10 in after-hours trading.

Posted-In: Earnings News Guidance Offerings M&A Pre-Market Outlook Markets Trading Ideas

 

Related Articles (AXAS + EXPR)

Around the Web, We're Loving...

Get Benzinga's Newsletters

Our Experts vs. S&P 500Powered by Benzinga
Marketfy Products Return S&P 500
Morning Profit Maker 42.72% 6.69%
The Option Prophet 91.14% 6.69%
SecretCaps 26.55% 6.69%
Short-Term Trend Trading 11.89% 6.69%
View the highest rated products→