Market Overview

Stocks To Watch For September 19, 2014

Share:
Stocks To Watch For September 19, 2014

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

Oracle (NYSE: ORCL) reported downbeat fiscal first-quarter results and unexpectedly shuffled its top management. Founder Lawrence J. Ellison stepped aside as CEO and will serve as company's chairman, while presidents Safra A. Catz and Mark V. Hurd were named co-chief executives. The company also boosted its existing buyback program by an additional $13 billion. Oracle shares fell 1.81% to $40.80 in the after-hours trading session.

Red Hat (NYSE: RHT) reported better-than-expected second-quarter results and raised its FY15 forecast. Red Hat shares dropped 3.07% to $58.80 in the after-hours trading session.

Alibaba Group Holding (NYSE: BABA) priced its initial public offering of 320,106,100 American depositary shares at a price of US$68 per ADS. The stock will begin trading Friday on the NYSE, under the ticker symbol BABA. Yahoo! (NASDAQ: YHOO) shares gained 1.37% to $42.66 in the after-hours trading session.

SAP SE (NYSE: SAP) announced that SAP subsidiary, SAP America, has agreed to buy Concur Technologies (NASDSQ: CNQR) for $129 per share. SAP shares rose 1.08% to close at $77.35 yesterday, while Concur shares jumped 19.39% to $128.70 in after-hours trading.

JetBlue Airways (NASDAQ: JBLU) announced CEO David Barger will retire in February. Robin Hayes will replace Barger as CEO. JetBlue shares climbed 4.24% to $11.81 in after-hours trading.

McDonald's (NYSE: MCD) raised its quarterly cash dividend by 5% to $0.85 per share. McDonald's shares gained 0.52% to $93.97 in after-hours trading.

Posted-In: Earnings M&A News Guidance Dividends Management Pre-Market Outlook Markets

 

Related Articles (CNQR + BABA)

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com