Stocks to Watch: Whole Foods, Macy's, Time Warner
NEW YORK --
Whole Foods Market
(WFM)
is expected to report fiscal fourth-quarter earnings after Wednesday's closing bell, and analysts are calling for a profit of 60 cents a share in the September-ended period on revenue of $2.91 billion.
Shares of the supermarket operator have risen more than 40% so far in 2012.
Macy's
(M) - Get Report
is expected by analysts Wednesday to post third-quarter earnings of 29 cents a share on revenue of $6.07 billion.
Time Warner
(TWX)
, the media giant, is seen earnings 82 cents a share on revenue of $6.9 billion in the third quarter, according to analysts.
4 Under-$10 Stocks Moving Higher
Analysts forecast
Kraft Foods
(KRFT)
, which reports Wednesday, to have earned 69 cents a share in the third quarter on revenue of $4.56 billion.
Reports are also expected Wednesday from
Becton Dickinson
(BDX) - Get Report
,
Dynegy
(DYN)
,
Hospira
(HSP)
,
Leap Wireless
(LEAP)
,
Orbitz Worldwide
(OWW)
,
Sodastream International
(SODA) - Get Report
,
Tenet Healthcare
(THC) - Get Report
,
WellPoint
(WLP)
,
Activision Blizzard
(ATVI) - Get Report
,
CBS
(CBS) - Get Report
,
Monster Worldwide
(MNST) - Get Report
,
Prudential Financial
(PRU) - Get Report
,
Qualcomm
(QCOM) - Get Report
, and
Rosetta Stone
(RST) - Get Report
.
3 Stocks Under $5 Making Large Moves to the Upside
News Corp.
(NWSA) - Get Report
on Tuesday posted fiscal first-quarter earnings of $2.23 billion, or 94 cents a share, on revenue of $8.14 billion, up from a year-earlier equivalent profit of $738 million, or 28 cents a share, on revenue of $7.96 billion.
Excluding items, News Corp. reported adjusted earnings of 43 cents a share, beating Wall Street's consensus view of 37 cents.
McGraw-Hill
( MHP) has entered into exclusive discussions to sell its education unit to
Apollo Global Management
(APO) - Get Report
, and the two sides could reach an agreement within a few weeks, people familiar with the matter told
The Wall Street Journal
.
The final price for the educational publisher is expected to be below $2.5 billion, less than the $3 billion to $4 billion the sellers had sought initially, the people said.
Plexus
(PLXS) - Get Report
announced Tuesday it was no longer a supplier for
Juniper Networks
(JNPR) - Get Report
.
Plexus, a provider of electronic manufacturing services, said it learned of Juniper's decision on Monday and that while it's unclear on the exact timing of the transition it expects it will occur by the end of its current fiscal year.
"This is very surprising news to us given our recent communications and activities with Juniper, including the recent award of Juniper programs and our collaboration with Juniper on activities to support their competitiveness," said Dean Foate, the CEO and president of Plexus, in a statement.
-- Written by Joseph Woelfel
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Joseph Woelfel
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