Market Overview

Stocks To Watch For January 7, 2014

Share:
Stocks To Watch For January 7, 2014
Related CMC
Benzinga's Top Upgrades, Downgrades For March 28, 2017
The Market In 5 Minutes
Related PANW
With Proofpoint Q1 Print Looming, Baird Downgrades
Why Fortinet Belongs In The Conversation With Cisco And Palo Alto

Some of the stocks that may grab investor focus today are:

Wall Street expects Commercial Metals Company (NYSE: CMC) to report its Q1 earnings at $0.24 per share on revenue of $1.74 billion. Commercial Metals shares gained 1.87% to $20.15 in after-hours trading.

Palo Alto Networks (NYSE: PANW) reported that it has bought privately held Morta Security. Financial terms of the transaction were not disclosed. Palo Alto shares surged 7.07% to $61.93 in the after-hours trading session.

Analysts expect Micron Technology (NASDAQ: MU) to post its Q1 earnings at $0.44 per share on revenue of $3.72 billion. Micron shares rose 0.10% to $20.69 in after-hours trading.

Sonic (NASDAQ: SONC) reported a 34% surge in its fiscal first-quarter net income. Sonic shares climbed 3.95% to $20.01 in the after-hours trading session.

Convergys (NYSE: CVG) announced its plans to acquire Stream Global Services for $820 million in cash. Convergys also reaffirmed its outlook for 2013. Convergys shares jumped 18.65% to $24.75 in after-hours trading.

Posted-In: Stocks To WatchEarnings News M&A Pre-Market Outlook Markets Trading Ideas

 

Related Articles (CMC + CVG)

View Comments and Join the Discussion!