Market Overview

Stocks To Watch For July 7, 2014

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

Tekmira Pharmaceuticals (NASDAQ: TKMR) shares tumbled more than 15% on Thursday after the company revealed the Phase I trial of one of its lead drug candidates was put on hold by the FDA for safety concerns. Tekmira Pharma shares dipped 15.54% to close at $11.63 on Thursday.

Wall Street expects Grupo Televisa, S.A.B. (NYSE: TV) to post its Q2 earnings at $0.33 per share on revenue of $1.49 billion. Grupo Televisa shares gained 1.39% to close at $35.70 on Thursday.

Shares of Lorillard (NYSE: LO) surged over 5% on Thursday after talk on CNBC about its potential merger with Reynolds America (NYSE: RAI). According to CNBC, a merger announcement between Lorillard and Reynold American will be announced in the coming weeks. Lorillard shares gained 5.33% to close at $64.41 on Thursday.

The Chicago Board Options Exchange will list options for GoPro starting (NASDAQ: GPRO) Monday. GoPro shares fell 1.09% to close at $41.58 on Thursday.

Shares of Lululemon Athletica (NASDAQ: LULU) jumped around 3% on Thursday after Dow Jones reported that the company's founder Dennis Wilson, is exploring options , including a potential sale of the company to private equity. Lululemon shares climbed 2.90% to close at $42.60 on Thursday.

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

 

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