Keep an Eye on These 8 Stocks for December 2, 2014

Some of the stocks that may grab investor focus today are: Wall Street expects Ascena Retail Group ASNA to post its Q1 earnings at $0.26 per share on revenue of $1.19 billion. Ascena Retail shares rose 0.02% to $13.04 in after-hours trading. Cypress Semiconductor CY announced its plans to buy Spansion CODE for $1.59 billion in stock. The deal was valued at $4 billion. Spansion shares jumped 18.16% to $27.00 in the after-hours trading session, while Cypress Semiconductor shares gained 12.18% to $11.70 in after-hours trading. Analysts are expecting Bob Evans Farms BOBE to have earned $0.33 per share on revenue of $343.76 million in the second quarter. Bob Evans Farms shares gained 0.09% to $54.30 in after-hours trading. Mattress Firm Holding MFRM reported in-line earnings for the third fiscal quarter. However, the company posted upbeat quarterly revenue. Mattress Firm shares slipped 0.17% to $69.50 in the after-hours trading session. General Motors GM is expected to report auto sales for November. GM's auto sales are likely to rise 0.6% y/y for the month, according to Edmunds.com. GM shares declined 0.61% to $32.74 in after-hours trading. Shoe Carnival SCVL reported upbeat third-quarter earnings and issued a strong fourth-quarter sales forecast. Shoe Carnival shares jumped 8.72% to $21.33 in the after-hours trading session. Ford Motor Company F is projected to report November auto sales. Ford shares gained 0.25% to close at $15.77 yesterday.