Stocks To Watch For December 27
Some of the stocks that may grab investor focus today are:
Wall Street expects Cal-Maine Foods Inc (NASDAQ: CALM) to report its quarterly earnings at $0.89 per share on revenue of $288 million. CALM shares dropped 0.41% to close at $34.25 on Friday.
Samsung Electronics Co and Sony Corp (NYSE: SNE) agreed to end their LCD joint venture. Samsung will pay around $940 million for Sony's share in the venture. SNE shares gained 1.07% to close at $17.95 on Friday.
France Telecom SA (NYSE: FTE) announced its plans to sell its Swiss unit, Orange Switzerland, to private equity firm Apax Partners for EUR1.6 billion. FTE shares rose 0.45% to close at $15.64 on Friday.
Shares of Rambus Inc (NASDAQ: RMBS) jumped 12.16% on Friday after the company signed a patent license deal with Broadcom Corp (NASDAQ: BRCM). RMBS shares closed at $8.21 on Friday, while BRCM shares dropped 0.02% to close at $29.76 on Friday.
SunPower Corp (NASDAQ: SPWR) announced its plans to buy Total SA's (NYSE: TOT) solar energy unit for $165.4 million. SPWR shares gained 2.56% to close at $6.00 on Friday, while TOT shares gained 1.73% to close at $50.48 on Friday.
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