Market Overview

Stocks To Watch For May 16, 2014

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Stocks To Watch For May 16, 2014
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Some of the stocks that may grab investor focus today are:

Wall Street expects Canadian Solar (NASDAQ: CSIQ) to report its Q1 earnings at $0.12 per share on revenue of $431.98 million. Canadian Solar shares rose 0.71% to $25.50 in after-hours trading.

J.C. Penney (NYSE: JCP) reported stronger-than-expected first-quarter results. J.C. Penney's same-store sales also surged 6.2% in the quarter. J.C. Penney shares jumped 18.28% to $9.90 in the after-hours trading session.

Analysts expect SORL Auto Parts (NASDAQ: SORL) to report its Q1 earnings at $0.11 per share on revenue of $46.94 million. SORL Auto shares fell 1.35% to close at $2.93 yesterday.

Nordstrom (NYSE: JWN) reported upbeat first-quarter results. Nordstrom posted a quarterly profit of $0.72 per share on revenue of $2.93 billion. However, analysts were expecting a profit of $0.68 per share on revenue of $2.86 billion. Nordstrom shares surged 10.91% to $68.20 in the after-hours trading session.

Autodesk (NASDAQ: ADSK) reported better-than-expected first-quarter earnings. Autodesk posted its adjusted earnings of $0.32 per share on revenue of $592.5 million. However, analysts were expecting earnings of $0.21 per share on revenue of $569 million. Autodesk shares climbed 4.77% to $50.10 in after-hours trading.

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

 

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