Must Watch Stocks for March 28, 2016
Some of the stocks that may grab investor focus today are:
Wall Street expects Cal-Maine Foods Inc (NASDAQ: CALM) to report its quarterly earnings at $0.99 per share on revenue of $463.56 million. Cal-Maine Foods shares fell 0.75 percent to close at $50.12 on Thursday.
TiVo Inc. (NASDAQ: TIVO) is in talks to be acquired by Rovi Corporation (NASDAQ: ROVI), according to sources as reported by the NY Times Dealkbook on Thursday. TiVo shares surged 23.37 percent to close at $9.45 on Thursday, while Rovi shares fell 1.30 percent to close at $19.81 on Thursday.
Analysts expect SYNNEX Corporation (NYSE: SNX) to post its quarterly earnings at $1.37 per share on revenue of $3.26 billion. SYNNEX shares gained 3.07 percent to close at $96.08 on Thursday.
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Microsoft Corporation (NASDAQ: MSFT) executives are said to be in early-stage talks with potential investors to provide financing for a takeover of Yahoo! Inc. (NASDAQ: YHOO), according to a source as reported by Reuters on Sunday. Microsoft shares gained 0.44 percent to close at $54.21 on Thursday, while Yahoo shares rose 0.17 percent to close at $34.86 on Thursday.
Qlik Technologies Inc (NASDAQ: QLIK) is said to be exploring strategic alternatives, including a potential sale, according to sources as reported by Reuters on Friday. Qlik Technologies shares gained 1.02 percent to close at $26.69 on Thursday.
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