Wednesday, January 23, 2013

Stocks to Watch: Stocks to Watch Thursday: Allstate, GM

CHICAGO (MarketWatch) � Allstate Corp., Skullcandy Inc., Glu Mobile Inc., General Motors Co. and Cardinal Health Co. are among the companies whose stocks could see active trading on Thursday.

Allstate ALL �shares were up 3.3% in after-hours trading Wednesday after the insurance giant reported better-than-expected first-quarter results.

Click to Play Carlyle Group can�t catch IPO break

WSJ's Dennis Berman makes a stop on Mean Street to highlight the challenges facing The Carlyle Group as it struggles to maintain its intended price range in advance of Thursday's IPO. Photo: Reuters.

Skullcandy Inc. SKUL �shares were down 7.3% in after-hours trading following the company�s report of first-quarter earnings.

Glu Mobile Inc. GM �shares were up more than 5% in evening trading after its report of better-than-expected first-quarter results.

DreamWorks Animation SKG Inc. DWA �said Wednesday its first-quarter profit rose 3%, driven by home video sales of �Puss In Boots� and �Kung Fu Panda 2,� to surpass most Wall Street forecasts.

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General Motors Co. GM �is expected to report first-quarter earnings of 85 cents a share on sales of $37.88 billion, according to a poll of analysts by FactSet Research.

Cardinal Health Co. CAH �is expected to post a fiscal third-quarter profit of 88 cents a share on revenue of $26.77 billion.

Walgreen Co. WAG �is seen posting a fiscal third-quarter profit of 63 cents a share on sales of $17.96 billion.

Cigna Corp. CI �is expected to report a profit of $1.30 a share in the first quarter on sales of $6.59 billion.

Apache Corp. APA �is seen reporting a profit of $3.10 a share in the first quarter on sales of $4.5 billion.

Viacom Inc. VIAB �VIA �is expected to report a fiscal-second quarter profit of 89 cents a share on revenue of $3.32 billion.

CenterPoint Energy Inc. CNP �is expected to report first-quarter earnings of 33 cents a share on revenue of $2.79 billion.

NRG Energy Inc. NRG �is seen posting a loss of 8 cents a share in the first quarter, on revenue of $1.95 billion.

Cablevision Systems Corp. CVC �is expected to report first-quarter earnings of 19 cents a share on revenue of $1.67 billion.

El Paso Corp. �is seen reporting a first-quarter profit of 28 cents a share on revenue of $1.33 billion.

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