Hot Stocks to Watch in the U.S. and Canada
December 20 2016 - 9:42AM
Dow Jones News
(This article combines Canada Hot Stocks to Watch with U.S. Hot
Stocks to Watch.)
Among the companies with shares expected to trade actively in
Tuesday's session are BlackBerry Ltd. (BBRY, BB.T) and General
Mills Inc. (GIS).
BlackBerry Ltd.'s fiscal third-quarter earnings came in better
than expected on its growing software and services business. Shares
gained 1.4% to $7.82 in premarket trading.
General Mills Inc.'s second-quarter earnings fell 9%, missing
analysts' expectations, and the processed-foods maker lowered its
fiscal-year outlook as it struggles to turn around its yogurt
business. Shares declined 3.3% to $61.00 premarket.
CarMax Inc.'s (KMX) profit rose 6.6% in the latest quarter, but
sales came up short of expectations in a tough market for used
cars. Shares of CarMax fell 2.5% to $60.80 premarket.
Navistar International Corp. (NAV) reported another quarterly
loss and revenue came in under expectations, as the company
continues to grapple with weak demand for heavy duty trucks in the
U.S. and Canada. The company's shares dropped 12% to $26.08
premarket.
Biogen Inc. (BIIB) named veteran biopharmaceutical executive
Michel Vounatsos, head of the company's commercial organization,
its next chief executive.
FactSet Research Systems Inc.'s (FDS) earnings topped
expectations in the latest quarter as user growth and acquisitions
continued to pad the financial-information provider's top line.
Worthington Industries Inc. (WOR) posted quarterly profit that
fell short of Wall Street expectations, though earnings roughly
doubled, boosted by its steel-processing business.
Darden Restaurants Inc. (DRI) reported revenue and profit growth
in its second quarter, helped by rising same-store sales.
Jefferies Group LLC, the investment-bank unit of Leucadia
National Corp. (LUK), on Tuesday posted profit and revenue
increases in its fiscal fourth quarter, as advisory fees and
trading boosted results.
Nielsen Holdings PLC (NLSN) has reached an agreement to buy
media metadata provider Gracenote from Tribune Media Co. (TRCO), a
deal Nielsen hopes will boost its ability to gauge audience
behavior amid shifting media habits.
Write to Jenny Roth at jenny.roth@wsj.com and Ezequiel Minaya at
ezequiel.minaya@wsj.com
(END) Dow Jones Newswires
December 20, 2016 09:27 ET (14:27 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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