
10 Stocks to Watch: Credit Suisse, Green Mountain Coffee
NEW YORK (TheStreet) -- Credit Suisse (CS) - Get Report plans to announce a reduction of 1,000 jobs as part of its investment bank's restructuring to comply with new capital regulation, according to reports.
Credit Suisse was sliding 2.8% to $30 in premarket trading Monday.
Green Mountain Coffee Roasters
(GMCR)
traders are paying more for bearish options than they have since April 2009 after hedge fund manager David Einhorn raised red flags on the company's accounting practices, according to data compiled by
Bloomberg.
Green Mountain Coffee shares were falling 2.5% to $69.21.
Humana
(HUM) - Get Report
, the health insurer, earned $2.54 a share on an adjusted basis in the third quarter, topping analysts' estimates, and it
guidance for 2011. Analysts were expecting third-quarter profit of $2.03 a share.
Humana said it expects earnings in 2011 of $8.35 to $8.40 a share, up from its previous estimate of $7.50 to $7.60 a share.
Shares were rising 1.6% to $81.62.
Warner Music
owner Len Blavatnik took back his offer for
EMI's
recorded music business after failing to agree on a price with owner
Citigroup
(C) - Get Report
,
Bloomberg
reported.
Citigroup shares were sliding 1.5% to $33.65.
Anadarko Petroleum
(APC) - Get Report
is expected to report third-quarter earnings of 67 cents a share after the markets close, up from 21 cents a share the same time last year. Shares were behind by 0.8% to $83.06.
Atlas Pipeline Partners
(APL)
is expected to post third-quarter profit of 37 cents a share after the markets close , compared with a loss of 37 cents a share the same time last year. Shares were down 0.8% to $34.50.
Insurance company
Allstate
(ALL) - Get Report
is expected by analysts to report third-quarter profit of 8 cents a share after the markets close Monday, down from 83 cents a share a year ago. Shares were down 0.5% to $27.02.
Networking equipment maker
Juniper Networks
(JNPR) - Get Report
was upgraded to outperform from sector perform at
RBC Capital
.
Shares were up 0.3% to $24.89.
Insurance company
Loews
(L) - Get Report
reported third-quarter earnings of 40 cents a share, missing the average analyst estimate of 66cents, but rising from earnings of 9 cents a share the same time last year.
Shares were flat at $41.28.
MF Global
( MF) was close to a
to file for Chapter 11 bankruptcy protection as soon as Monday and sell assets to
Interactive Brokers Group
(IBKR) - Get Report
,
The Wall Street Journal
reported, citing a person familiar with the matter.
-- Written by Andrea Tse in New York.
>To contact the writer of this article, click here:
Andrea Tse
.
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