Market Overview

Stocks To Watch For June 13, 2014

Related INTC
China, Materials And Semiconductor ETFs To Watch This Week
Bank Of America Looking For More Upside On Intel
Kraft, Intel Have Room to Run (Fox Business)
Related FNSR
Top 4 NASDAQ Stocks In The Networking & Communication Devices Industry With The Highest EPS
Stocks Hitting 52-Week Lows

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