12 Stocks To Watch For February 11, 2016
Some of the stocks that may grab investor focus today are:
Wall Street expects PepsiCo, Inc. (NYSE: PEP) to report its quarterly earnings at $1.06 per share on revenue of $18.51 billion. PepsiCo shares rose 0.97 percent to $98.57 in after-hours trading.
Amazon.com, Inc. (NASDAQ: AMZN) reported a new $5 billion buyback program. The company also announced Corning executive Wendell P. Weeks will become a director, while board member Diego Piacentini will take a leave of absence for two years beginning in August 2016. Amazon.com shares rose 0.91 percent to $494.95 in the after-hours trading session.
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Analysts expect Groupon Inc (NASDAQ: GRPN) to post a quarterly loss at $0.91 per share on revenue of $13.54 billion. Groupon shares gained 1.35 percent to close at $2.25 yesterday.
Cisco Systems, Inc. (NASDAQ: CSCO) reported better-than-expected results for its second quarter fiscal 2016. Management announced it will add $15 billion to its share repurchase program, and boosted the stock's dividend yield to 4.6 percent, or $0.26 per share -- payable on April 27 to shareholders of record as of April 6. Cisco shares surged 7.73 percent to $24.25 in the after-hours trading session.
Analysts are expecting Pandora Media Inc (NYSE: P) to have earned $0.07 per share on revenue of $331.83 million in the latest quarter. Pandora shares declined 1.19 percent to $8.30 in after-hours trading.
Twitter Inc (NYSE: TWTR) reported upbeat earnings for its fourth quarter, but the company issued a weak revenue forecast for the current quarter. The social network's monthly active users came in flat for the quarter, an average of 320 million monthly active users. Twitter shares fell 3 percent to $14.53 in the after-hours trading session.
Analysts expect Kellogg Company (NYSE: K) to report its quarterly earnings at $0.75 per share on revenue of $3.16 billion. Kellogg shares slipped 0.76 percent to close at $70.86 yesterday.
Tesla Motors Inc (NASDAQ: TSLA) reported weaker-than-expected results for its fourth quarter. However, shares surged after-hours on the back of better-than-expected delivery guidance and a Gigafactory update. Tesla reported it projects Q1 unit deliveries to be about 16,000 cars, adding that it plans to deliver between 80,000 and 90,000 new Model S and Model X vehicles in 2016. That Q1 figure is above the reported Wall Street consensus of 15,200. Tesla shares climbed 9.63 percent to $157.50 in the after-hours trading session.
American International Group Inc (NYSE: AIG) is projected to post a quarterly loss at $0.91 per share on revenue of $13.54 billion. AIG shares declined 0.17 percent to $52.35 in the after-hours trading session.
Zynga Inc (NASDAQ: ZNGA) reported Q4 results, breaking even on earnings and exceeding revenue expectations. However, the company's outlook was pessimistic, however, coming short of analyst expectations. Zynga shares dipped 10.80 percent to $1.90 in the after-hours trading session.
Reynolds American, Inc. (NYSE: RAI) is estimated to report its quarterly earnings at $0.50 per share on revenue of $3.04 billion. Reynolds American shares gained 1.24 perent to $48.05 in the after-hours trading session.
Whole Foods Market, Inc. (NASDAQ: WFM) reported better-than-expected earnings for its first quarter on Wednesday. Whole Foods Market shares surged 3.05 percent to $29.75 in the after-hours trading session.
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