Stocks To Watch For December 16

Some of the stocks that may grab investor focus today are: Research In Motion Limited RIMM reported a sharp decline in its FQ3 earnings, and issued a downbeat view for the current period. RIMM shares dipped 7.60% to $13.98 in the after-hours trading session. Adobe Systems Incorporated ADBE reported a 35% decline in its Q4 earnings. Adobe's quarterly earnings came in at $0.67 per share, excluding items, on sales of $1.15 billion. However, analysts were expecting earnings of $0.60 per share on sales of $1.09 billion. ADBE shares surged 5.56% to $27.93 in after-hours trading. Wall Street expects Darden Restaurants Inc DRI to report its FQ2 earnings at $0.42 per share on sales of $1.83 billion. DRI shares fell 0.11% to $43.69 in the after-hours trading session. Fitch Ratings cut the long-term issuer default ratings and viability ratings of Barclays PLC BCS, Bank of America Corp BAC, Credit Suisse AG CS, Deutsche Bank AG DB, BNP Paribas BNPQY and Goldman Sachs Group Inc GS. Fitch also lowered the viability ratings of Morgan Stanley MS and Societe Generale SCGLF. Salesforce.com Inc CRM announced its plans to buy Rypple for an undisclosed sum. The transaction is likely to close by the end of April 2012. CRM shares gained 0.46% to $107.20 in after-hours trading. Trading Ideas.
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