Stocks To Watch For July 12 |
Some of the stocks that may grab investor focus today are:
Alcoa Inc (NYSE: AA) reported downbeat second-quarter profit. Alcoa posted its quarterly profit at $322 million, or $0.28 per share, up from $136 million, or $0.13 per share, in the year-ago period. Excluding charges, Alcoa's income from continuing operations came in at $0.32 per share. Its revenue surged to $6.59 billion from $5.19 billion. However, analysts were expecting earnings of $0.34 per share on revenue of $6.32 billion. Alcoa shares
Wall Street expects Fastenal Company (NASDAQ: FAST) to report its Q2 EPS at $0.30 on revenue of $688.58 million. FAST shares gained 2.78% to $37.00 in after-hours trading session.
Esterline Technologies Corp (NYSE: ESL) will replace Bucyrus International Inc in the S&P MidCap 400 index, and Rubicon Technology Inc (NASDAQ: RBCN) will replace Esterline Technologies in the S&P MidCap 400 after the closing bell on July 12. ESL shares gained 1.73% to close at $81.96 yesterday, while RBCN shares surged 3.84% to close at $17.57 yesterday.
Novellus Systems Inc (NASDAQ: NVLS) reported a 9% rise in its second-quarter profit, but lowered projections for the third quarter. Its quarterly net income surged to $64.7 million, or $0.79 per share, from $63.3 million, or $0.66 per share, in the year-ago period. NVLS' sales increased to $350.2 million from $321.4 million. Analysts were expecting a profit of $0.76 per share on sales of $352.3 million. NVLS shares dipped 5.95% to $33.64 in after-hours trading.
SonoSite Inc (NASDAQ: SONO) will replace Kendle International Inc (NASDAQ: KNDL) in the S&P SmallCap 600 index after the closing bell on July 13.
About the author: Benzinga
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