10 Stocks to Watch Today: ANN, Insurers
NEW YORK (TheStreet) -- Women's apparel retailer Ann Taylor (ANN) was surging 9.1% to $26.42 in premarket trading Friday after reporting fourth-quarter earnings of 19 cents, beating estimates by 2 cents.
Emeryville, Calif.-based restaurant operator
Jamba Juice
(JMBA) - Get Report
was falling 9.1% to $2.10after posting a wider-than-expected loss.
>> Zumiez, Jamba Juice: After-Hours Trading
Shares of
Aeropostale
(ARO)
were tumbling 7.9% to $22.69 after the mall-based seller of casual apparel said it expects inflationary pressures to hit its bottom line in fiscal 2011.
>> Aeropostale Sees Inflation Hitting Profits
Clearwire
(CLWR)
was tumbling 3.5% to $5.55 after CEO Bill Morrow resigned from his role for personal reasons, according to the 4G specialist, which appointed chairman John Stanton as his interim replacement on Thursday.
Oil and gas company
Valero Energy
(VLO) - Get Report
was popping 3.2% to $27.15 in premarket trading Friday after peer
Chevron
(CVX) - Get Report
agreed to sell the company its Pembroke Refinery and other downstream assets in the U.K. and Ireland. Chevron was falling 1.2% to $97.90.
>> Chevron to Sell U.K. Refinery to Valero
Reinsurers and insurers were experiencing pressure after the massive earthquake hit Japan.
Aflac
(AFL) - Get Report
was falling 2.9% to $54.10 and
Berkshire Hathaway
(BRK.B) - Get Report
was falling 1.1% to $84.02. Reinsurers such as
Swiss Re
( SWCEY) and
Hannover
(HVRRY)
were experiencing pressure overseas as the devastating impact of the event unfolded.
>> Insurance Shares Tremble After Japan Quake
U.S. airline carriers were moving higher in premarket trading after a massive earthquake devastated Japan and resulted in the cancelation of many Asian flights.
AMR
(AMR)
was rising 2% to $6.66,
Delta Air Lines
(DAL) - Get Report
was rising 1.4% to $11.34.
>>Search for Highest Dividends by Rate or Yield
More on Earnings Today's Top Earnings |
-- Written by Andrea Tse in New York.
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RELATED STORIES:
>>U.S. Futures Fall After Japan Quake, Tsunami
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