In today's "What to Watch on Wall Street" segment for Thursday, August 28th 2014, we take a sneak peek at what's happening in the financial markets.
Shares of Williams-Sonoma (WSM) are sinking, down -11.36% to $66.35 in after-hours trading, as the company missed expected revenue in the second quarter.
Apple (AAPL) will introduce its smartwatch, "iWatch" on September 9 at the same time as the new iPhones.
Dow Chemical (DOW) is selling Angus Chemical and AgroFresh for a combined $2 billion to divest non-core assets.
Shares of Elizabeth Arden (RDEN) are higher today after the beauty products company announced it's evaluating a tender offer by Rhone Capital.
RadioShack (RSH) stock is up 15.16% to 99 cents as talks of a bailout advance with Standard General LP to help prevent a bankruptcy filing.
Bob Evans Farms (BOBE) stock continues to slide following the company's first quarter loss due to lower sales and higher costs.
Yahoo! (YHOO) stock is up 0.56% to $38 in late morning trading, helped by Alibaba's first quarter profit jump ahead of its IPO.
Shares of LiveDeal (LIVE) are sharply up 8.73% to $4.36 in early market trading after the company acquired online retailer ModernEveryday.com.
Sturm, Ruger & Co. (RGR) was downgraded to 'fair value' from 'buy' with a $55 price target at CRT Capital this morning.