Market Overview

Stocks To Watch For July 16, 2014

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Stocks To Watch For July 16, 2014
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Some of the stocks that may grab investor focus today are:

Wall Street expects Bank of America (NYSE: BAC) to report its Q2 earnings at $0.29 per share on revenue of $21.62 billion. Bank of America shares rose 0.44% to $15.88 in after-hours trading.

Apple (NASDAQ: AAPL) announced a partnership with International Business Machines (NYSE: IBM) in which IBM will sell iPhones and iPads to business clients globally. In addition, IBM will build apps for the iPhone and iPad, an array of cloud services, support for enterprise customers and offerings for device activation, supply and management. Apple shares gained 1.55% to $96.80 in after-hours trading, while IBM shares jumped 2.01% to $192.28 in the after-hours trading session.

U.S. Bancorp (NYSE: USB) is projected to report its Q2 earnings at $0.77 per share on revenue of $4.94 billion. U.S. Bancorp shares climbed 0.58% to close at $43.30 yesterday.

Analysts are expecting eBay (NASDAQ: EBAY) to have earned $0.68 per share on revenue of $4.38 billion in the second quarter. eBay shares gained 0.07% to $50.85 in after-hours trading.

Yahoo! (NASDAQ: YHOO) reported weaker-than-expected second-quarter results. The company announced it will reduce the number of shares being offered in the Alibaba IPO from 208 million shares to 140 million shares. Yahoo shares declined 2.22% to $34.82 in the after-hours trading session.

Yum! Brands (NYSE: YUM) is estimated to post its Q2 earnings at $0.74 per share on revenue of $3.25 billion. Yum Brands shares declined 0.13% to close at $83.18 yesterday.

Analysts expect Abbott Laboratories (NYSE: ABT) to report its Q2 earnings at $0.51 per share on revenue of $5.52 billion. Abbott shares gained 0.07% to $41.20 in after-hours trading.

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

 

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