Stocks in Focus (CSCO, ALL, LGF, PEP, S, PM, WYNN, GT, KFT, NBL)
The companies which are expected to see active trade on Thursday are: Cisco Systems, Allstate Corp, Lions Gate Entertainment, PepsiCo, Sprint Nextel, Philip Morris International and Wynn Resorts.
Cisco Systems Inc. (NASDAQ:CSCO) shares plunged 8.67 percent to $20.13 in aftermarket trading session after the company reported second quarter net income of $1.52 billion or $0.27 per share compared to $1.85 billion or $0.32 per share in the same quarter last year.
Allstate Corp. (NYSE:ALL) shares declined 4.60 percent to $30.87 in afterhours trading session after the company said its fourth quarter net income fell 43 percent to $296 million or $0.55 per share as it was hit by big catastrophe losses and more-frequent auto insurance claims.
Lions Gate Entertainment Corp. (NYSE:LGF) shares advanced 6.78 percent to $6.77 in afterhours trading session. Its fiscal third quarter loss narrowed sharply as revenues grew 24 percent from last year due to strength in the motion-picture and home-entertainment categories.
PepsiCo Inc. (NYSE:PEP) is due to report fourth quarter earnings before markets open on Thursday. Analysts expect the company to report quarter earnings per share of $1.04 from $0.90 last year.
Sprint Nextel Corp. (NYSE:S) is due to report fourth quarter earnings before markets open on Thursday. Analysts expect the company to report fourth quarter net loss of $0.30 per share from $0.34 per share in the same quarter a year-ago.
Philip Morris International Inc. (NYSE:PM) is forecasted to report fourth quarter net income of $0.96 per share compared to $0.81 per share in the same quarter last year.
Wynn Resorts Ltd. (NASDAQ:WYNN) is due to report fourth quarter net income of $0.65 per share compared to $0.08 per share in the same quarter last year.
Goodyear Tire & Rubber Co. (NYSE:GT) shares advanced 2.72 percent to $12.85 in aftermarket trading session on Wednesday. The company is expected to report a loss of 7 cents a share in the fourth quarter.
Kraft Foods Inc. (NYSE:KFT) is due to report fourth quarter earnings after the market closes on Thursday. Analysts expect the company to report quarter earnings per share of $0.46 from $0.48 last year.
Noble Energy, Inc. (NYSE:NBL) is projected to report fourth quarter net income of $1.01 per share compared to $1.01 in the same quarter last year.
Cephalon, Inc. (NASDAQ:CEPH) is likely to post fourth quarter net income of $1.93 per share compared to $1.66 per share in the same quarter last year.
DaVita Inc. (NYSE:DVA) is expected to report fourth quarter net income of $1.12 per share compared to $1.06 per share in the same period a year-ago.
Expedia, Inc. (NASDAQ:EXPE) is projected to post fourth quarter net income of $0.36 per share compared to $0.30 per share in the same quarter last year.
Laboratory Corporation of America (NYSE:LH) is likely to post fourth quarter net income of $1.31 per share compared to $1.16 per share in the same period a year-ago.
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