Stocks to Watch: Lennar, Red Hat, Yahoo!

NEW YORK -- Lennar ( LEN), the homebuilder, is expected by analysts Monday to post fiscal third-quarter earnings of 28 cents a share on revenue of $1.06 billion.

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Software company Red Hat ( RHT) is expected to report fiscal second-quarter earnings of 21 cents a share on revenue of $322.1 million.

Red Hat is expected to issue its earnings after Monday's closing bell.


Redbox, a unit of Coinstar ( CSTR) and Verizon ( VZ) plan to offer subscription streaming, movie sales and rentals by Christmas, along with DVDs from the local kiosk, Bloomberg reported..

The venture, 65%-owned by Verizon, will challenge Netflix ( NFLX) and Amazon.com ( AMZN) for consumers who watch movies online and on mobile devices.

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Yahoo! ( YHOO) CEO Marissa Mayer is expected Tuesday to unveil her strategy for the struggling Internet giant.

Mayer shared her vision for Yahoo! with the board on Friday. She called the Tuesday meeting, in an internal memo to employees, "an act of radical transparency that will be a tradition moving forward," according to All Things Digital.

-- Written by Joseph Woelfel

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