Stocks To Watch For September 22, 2014

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Some of the stocks that may grab investor focus today are: Wall Street expects AutoZone
AZO
to report its Q4 earnings at $11.26 per share on revenue of $3.07 billion. AutoZone shares declined 1.10% to close at $526.44 on Friday. Siemens AG
SIEGY
announced its plans to acquire Dresser-Rand
DRC
for $7.6 billion. Dresser-Rand shares jumped 3.45% to $82.67 in the after-hours trading session, while Siemens shares fell 1.90% to close at $124.00 on Friday. Analysts are expecting Ascena Retail Group
ASNA
to have earned $0.18 per share on revenue of $1.21 billion in the fourth quarter. Ascena Retail shares fell 0.82% to close at $16.93 on Friday. Shares of Alibaba Group Holding
BABA
jumped 38% on its first day of trading. Alibaba priced its initial public offering of 320,106,100 American depositary shares, each representing one of its ordinary shares, at a price of US$68 per ADS. Cantor Fitzgerald initiated coverage on Alibaba with a Buy rating. Alibaba shares declined 0.63% to $93.30 in the after-hours trading session. GameStop
GME
priced its offering of $350 million in aggregate principal amount of its 5.50% senior notes due 2019. GameStop shares dipped 1.92% to close at $43.38 on Friday.
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Posted In: EarningsNewsOfferingsM&APre-Market OutlookMarketsTrading IdeasStocks To WatchStocks to Watch
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