This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

10 Stocks to Watch: Synergetics, Joe's Jeans


NEW YORK ( TheStreet) -- Medical devices maker Synergetics (SURG) reported fourth-quarter profit of 8 cents a share, meeting expectations.

Shares were plunging 12.3% to $5.50 in premarket trading, ahead of the company's conference call at 10:30 a.m. EDT.






Los Angeles clothing company Joe's Jeans (JOEZ) posted a 5% year-over-year decline in sales in its fiscal third quarter. The company said it swung to a third-quarter loss of $2 million, or 3 cents a share, from a profit of $558,000, or a penny per share, in the same period a year earlier.

Shares were falling 10.1% to 62 cents.






Aluminum producer Alcoa (AA) fell short of Wall Street's profit view, despite better-than-expected revenue, sending shares lower in premarket trading.

The company reported earnings from continuing operations of $172 million, or 15 cents a share, for its third quarter on revenue of $6.42 billion. The average estimate of analysts polled by Thomson Reuters was for a profit of 22 cents a share on revenue of $6.24 billion in the period.

Klaus Kleinfeld, the company's chairman and CEO, backed Alcoa's outlook for growth of 12% in aluminum demand for 2011, saying the company sees a "slower pace in the second half of the year, and reaffirm(s) our long-term forecast for a doubling of aluminum demand by 2020."

Shares were tumbling 3.8% to $9.91.






Food and beverage giant PepsiCo (PEP) reported third-quarter core profit of $1.31 a share, beating the average analyst estimate of $1.30 a share.

For 2011, the company is targeting high-single-digit earnings per share growth and anticipates share repurchases of about $2.5 billion in 2011.

Shares were rising 1.6% to $61.92.






Telecommunications firm NeuStar (NSR) said it will buy caller ID company TARGUSinfo for about $650 million in cash. NeuStar also lifted its full-year earnings guidance to $1.76 and $1.84 a share on revenue of $595 million to $600 million from its previous outlook of earnings of $1.68 to $1.76 a share on revenue of $585 million to $600 million.

Shares were rising 1.6% to $28.50.






Hewlett-Packard (HPQ) is reconsidering the spinoff of its personal-computer division, the Wall Street Journal reported.

Shares were up 0.9% to $26.15.






BlackBerry users around the world have been cut off from texting for a third straight day.

Research In Motion (RIMM) said Tuesday that its services returned to normal after a failure within its own infrastructure was discovered. But later it acknowledged that disruptions were continuing.

The stock was down 0.6% to $24.26.






Chevron (CVX) said in its interim update that earnings for the third quarter are expected to be in line with that of the second quarter, as a one-time refinery sale helps buttress results during a period of declining crude oil prices. Shares were up 0.3% to $97.90.






Healthcare Services (HCSG), the provider of housekeeping and laundry services to the healthcare industry, increased its dividend to 16 cents a share, the 33rd consecutive increase since the company initiated regular dividend payouts in 2003.






Private-equity firm Bain Capital is in final talks to buy Japanese restaurant-chain operator Skylark from Nomura (NMR) for up to $3.4 billion, including debt, the Wall Street Journal reported.

-- Written by Andrea Tse in New York.



>To contact the writer of this article, click here: Andrea Tse.

Related links:


Copyright 2011 TheStreet.com Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,293.58 +27.59 0.16%
S&P 500 2,010.34 -1.02 -0.05%
NASDAQ 4,575.5810 -17.8440 -0.39%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs