Market Overview

6 Stocks To Watch For December 17, 2018

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6 Stocks To Watch For December 17, 2018

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

  • Wall Street expects Oracle Corporation (NYSE: ORCL) to post quarterly earnings at $0.78 per share on revenue of $9.53 billion after the closing bell. Oracle shares rose 0.02 percent to $46.61 in after-hours trading.
  • Amgen, Inc. (NASDAQ: AMGN) disclosed that the FDA has approved Nplate for use in pediatric patients with immune thrombocytopenia. Amgen shares dropped 2.76 percent to close at $192.07 on Friday.
  • Analysts are expecting Red Hat, Inc. (NYSE: RHT) to have earned $0.87 per share on revenue of $853.58 million in the latest quarter. Red Hat will release earnings after the markets close. Red Hat shares slipped 0.28 percent to $176.00 in after-hours trading.

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  • Hitachi agreed to acquire the power grid division of ABB Ltd (NYSE: ABB). Hitachi will acquire 80.1 percent of the power-grid unit with an enterprise value of $11 billion. ABB shares gained 0.66 percent to $19.53 in the after-hours trading session.
  • Analysts expect HEICO Corporation (NYSE: HEI) to post quarterly earnings at $0.48 per share on revenue of $462.99 million after the closing bell. HEICO shares declined 0.75 percent to close at $80.88 on Friday.
  • Wintrust Financial Corp (NASDAQ: WTFC) reported the purchase of Chicago Deferred Exchange Co. for $51.9 million in cash. Wintrust Financial shares declined 1.2 percent to close at $67.45 on Friday.

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

 

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