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Some of the stocks that may grab investor focus today are:
Wall Street expects
Urban Outfitters, Inc. URBN to post its quarterly earnings at $0.42 per share on revenue of $872.00 million. Urban Outfitters shares dropped 6.35 percent to close at $24.49 yesterday.
Shares of
J C Penney Company IncJCP dipped more than 15 percent on Friday after the company reported results for the third quarter. The company reported a quarterly net loss of 137 million, or $0.45 per share, versus a year-ago loss of $188 million, or $0.62 per share. Its net sales climbed to $2.90 billion from $2.76 billion. J C Penney shares fell 0.40 percent to $7.41 in the after-hours trading session.
Analysts expect
Agilent Technologies Inc to post its quarterly earnings at $0.47 per share on revenue of $1.04 billion. Agilent shares declined 1.92 percent to close at $36.77 yesterday.
Swedish website Di.se reported Friday, that Cisco Systems, Inc.
CSCO, was looking to acquire Swedish communications technology company Ericsson (ADR)
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. A Cisco spokesperson later denied the rumor, according to Bloomberg, saying the company was focused on its partnership with Ericcson. Cisco shares fell 0.80 percent to $26.00 in after-hours trading, while Ericcson shares declined 0.38 percent to $9.21 in the after-hours trading session.
Analysts are expecting
Nuance Communications Inc. NUAN to have earned $0.35 per share on revenue of $507.84 million in the latest quarter. Nuance Communications shares dropped 3.21 percent to close at $16.56 yesterday.
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