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Stocks To Watch For June 16, 2014

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Stocks To Watch For June 16, 2014

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

Wall Street expects Layne Christensen Company (NASDAQ: LAYN) to report a Q1 loss at $0.34 per share on revenue of $206.58 million. Layne Christensen shares dropped 1.78% to close at $14.90 on Friday.

Medtronic (NYSE: MDT) announced its plans to buy Covidien plc (NYSE: COV) for $42.9 billion in cash and stock. Medtronic shares fell 0.15% to close at $60.70 on Friday, while Covidien shares declined 0.03% to close at $72.02 on Friday.

Analysts are expecting Amira Nature Foods (NYSE: ANFI) to have earned $0.33 per share on revenue of $162.20 million in the fourth quarter. Amira Nature Foods shares tumbled 2.71% to close at $12.93 on Friday.

Shares of OpenTable (NASDAQ: OPEN) surged more than 48% on Friday after Priceline Group (NASDAQ: PCLN) announced its plans to buy OpenTable for $103 per share. OpenTable shares jumped 48.35% to close at $104.48 on Friday, while Priceline shares fell 2.99% to close at $1,189.30 on Friday.

Analysts expect Korn/Ferry International (NYSE: KFY) to post its Q4 earnings at $0.39 per share on revenue of $244.61 million. Korn/Ferry shares slipped 1.76% to close at $30.19 on Friday.

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

 

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