Stocks To Watch For June 16

Posted 15/06/11
Some of the stocks that may grab investor focus today are: Wall Street expects Kroger Company (The) (NYSE: KR) to report its Q1 EPS at $0.64 on revenue of $26.48 billion. KR shares surged 2.75% to $23.58 in after-hours trading. Finisar Corp (NASDAQ: FNSR) issued downbeat projections for the first quarter. The company reported its Q4 earnings at $16.4 million, or $0.17 per share. Excluding one-time items, the company's earnings came in at $0.33 per share. Finisar's revenue surged to $236.9 million, from $188.5 million a year earlier. However, analysts were expecting earnings of $0.33 per share on revenue of $242.89 million. Taking into account the impact of its Ignis acquisition, Finisar projected Q1 adjusted earnings of $0.16 to $0.20 per share on revenue of $221 million to $236 million. Analysts expected earnings of $0.36 per share on revenue of $250.6 million. FNSR shares dipped 16.19% to $14.86 in after-hours trading. Analysts are expecting Smithfield Foods Inc (NYSE: SFD) to have earned $0.82 per...
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Stocks to Watch: Fresh 52-Week Highs and Lows

Posted 11/06/11
The following stocks hit new 52-week highs in Wednesday's trading session: 1) 8x8 (NASDAQ: EGHT): Shares of 8x8 hit a 52-week high of $3.97 in Wednesday's session. The stock was heavily sold into, however, finishing 7.7% lower on the day at $3.48. The year-to-date performance of 8x8 is a gain of 46.2%. 2) American Capital Agency (NASDAQ: AGNC): Shares of American Capital hit a 52-week high of $30.74 in Wednesday's session. The stock was able to hold onto most of its gains, finishing 0.5% higher on the day at $30.70. The year-to-date performance of American Capital is a gain of 11.9%. 3) Cabot Oil & Gas (NYSE: COG): Shares of Cabot Oil & Gas hit a 52-week high of $60.64 in Wednesday's session. The stock was heavily sold into, however, finishing 4.3% higher on the day at $58.31. The year-to-date performance of Cabot is a gain of 54%. 4) Forest Laboratories (NYSE: FRX): Shares of Forest Laboratories hit a 52-week high of $37.12 in...
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