Stocks in Focus (FDX, MAR, DELL, ADI, OMC, CTL, HCP, HST, MMC, WPI)
The companies which are expected to see active trade on Tuesday are: FedEx, Marriot International, Dell, Analog Devices, Omnicom Group, CenturyLink, Host Hotels & Resorts and Watson Pharmaceuticals.
FedEx Corp. (NYSE:FDX) shares will be on focus as the company cut its profit forecast for the current quarter because of winter storms and higher fuel costs. It expects earnings will be in the range of $0.70 to $0.90 per share for the quarter ending Feb. 28, compared with an earlier expectation of $0.95 to $1.15 per share.
Marriot International Inc. (NYSE:MAR) shares surged 4.63 percent to $42.90 in aftermarket trading session. The company reported fourth quarter net income of $0.39 per share and said it plans to spin-off its timeshare business into a separate company.
Dell Inc. (NASDAQ:DELL) is due to report fourth quarter earnings on Tuesday. Analysts expect the company to report quarter earnings per share of $0.37 from $0.28 last year.
Analog Devices Inc. (NYSE:ADI) is due to report first quarter earnings after the market closes on Tuesday. Analysts expect the company to report quarter earnings per share of $0.65 from $0.43 last year.
Omnicom Group Inc. (NYSE:OMC) is likely to post fourth quarter net income of $0.81 per share compared to $0.73 per share in the same period a year-ago. The company raised it quarterly dividend by 25 percent on Monday.
CenturyLink Inc. (NYSE:CTL) is likely to post fourth quarter net income of $0.77 per share compared to $0.95 per share in the same quarter last year.
HCP, Inc. (NYSE:HCP) is likely to post fourth quarter net income of $0.59 per share compared to $0.55 per share in the same quarter last year.
Host Hotels & Resorts Inc. (NYSE:HST) is expected to report fourth quarter net income of $0.27 per share compared to $0.18 per share in the same period a year-ago.
Marsh & McLennan Companies, Inc. (NYSE:MMC) is projected to report fourth quarter net income of $0.39 per share compared to $0.39 per share in the same quarter a year-ago.
Watson Pharmaceuticals, Inc. (NYSE:WPI) is due to report fourth quarter earnings before markets open. Analysts expect the company to report quarter earnings per share of $0.93 from $0.85 last year.
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