Market Overview

Must Watch Stocks for May 2, 2016

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Must Watch Stocks for May 2, 2016

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

Wall Street expects American International Group Inc (NYSE: AIG) to report its quarterly earnings at $1.00 per share on revenue of $13.57 billion. AIG shares closed at $55.83 on Friday.

Analysts expect SYSCO Corporation (NYSE: SYY) to report its quarterly earnings at $0.42 per share on revenue of $11.87 billion. SYSCO shares dropped 0.41 percent to close at $46.07 on Friday.

Tenet Healthcare Corp (NYSE: THC) is estimated to post its quarterly earnings at $0.33 per share on revenue of $4.78 billion. Tenet Healthcare shares declined 1.70 percent to close at $31.71 on Friday.

Halliburton Company (NYSE: HAL) and Baker Hughes Incorporated (NYSE: BHI) announced Sunday that their merger agreement has been terminated, effective April 30. Halliburton will pay Baker Hughes a termination fee of $3.5 billion by Wednesday, May 4, 2016. Halliburton shares rose 0.66 percent to close at $41.31 on Friday, while Baker Hughes shares gained 1.04 percent to close at $48.36 on Friday.

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Analysts are expecting Owens-Illinois Inc (NYSE: OI) to have earned $0.40 per share on revenue of $1.54 billion in the latest quarter. Owens-Illinois shares gained 0.44 percent to close at $18.46 on Friday.

Wall Street expects Anadarko Petroleum Corporation (NYSE: APC) to post a quarterly loss at $1.16 per share on revenue of $1.81 billion. Anadarko Petroleum shares slipped 0.83 percent to close at $52.76 on Friday.

Edison International (NYSE: EIX) is projected to post its quarterly earnings at $0.88 per share on revenue of $2.81 billion. Edison International shares rose 0.86 percent to close at $70.71 on Friday.

Analysts expect Helmerich & Payne, Inc. (NYSE: HP) to report a quarterly loss at $0.18 per share on revenue of $398.26 million. Helmerich & Payne shares rose 1.85 percent to close at $66.12 on Friday.

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

 

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