Stocks To Watch For January 13
Some of the stocks that may grab investor focus today are:
JDA Software Group Inc (NASDAQ: JDAS) issued weak fourth-quarter revenue forecast. The company projects revenue of about $173 million for the fourth quarter, versus analysts' estimates of $181.6 million. JDAS shares tumbled 12.20% to $28.80 in the after-hours trading session.
Wall Street expects J.P. Morgan Chase & Co (NYSE: JPM) to report its Q4 earnings at $0.93 per share on revenue of $23.02 billion. JPM shares gained 0.52% to $36.85 in after-hours trading.
Shutterfly Inc (NASDAQ: SFLY) reported that the company's chief financial officer Mark Rubash will leave the company next month. SFLY shares dipped 5.86% to $22.65 in after-hours trading.
Archer Daniels Midland Co (NYSE: ADM) reported that it will end a biodegradable plastics joint venture with Metabolix Inc (NASDAQ: MBLX). ADM shares gained 0.73% to close at $29.14 yesterday, while MBLX shares tumbled 37.56% to $3.74 in after-hours trading.
Novartis AG (NYSE: NVS) announced its plans to cut 1,960 jobs. NVS shares declined 0.30% to $56.56 in the after-hours trading session.
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