Wednesday, October 9, 2013

Stocks To Watch For October 2, 2013

Some of the stocks that may grab investor focus today are:

Wall Street expects Monsanto Company (NYSE: MON) to report a Q4 loss at $0.43 per share on revenue of $2.24 billion. Monsanto shares gained 1.06% to close at $105.48 yesterday.

Global Payments (NYSE: GPN) reported upbeat fiscal first-quarter results and raised its annual forecast. Global Payments named Jeffrey S. Sloan as its new chief executive and announced its plans to buy back up to $100 million of its common stock. Global Payments shares surged 6.80% to $54.15 in the after-hours trading session.

Analysts expect Texas Industries (NYSE: TXI) to post its Q1 earnings at $0.01 per share on revenue of $233.63 million. Texas Industries shares gained 1.82% to close at $67.52 yesterday.

Team (NYSE: TISI) lowered its annual earnings outlook. Team shares tumbled 10.63% to $35.75 in the after-hours trading session.

Synergetics USA (NASDAQ: SURG) reported its FQ4 earnings of $0.06 per share on revenue of $17.9 million. However, analysts were projecting earnings of $0.05 per share on revenue of $17 million. Synergetics USA shares dipped 11.82% to $4.40 in the after-hours trading session.

Posted-In: Stocks To WatchEarnings News Guidance Buybacks Management Pre-Market Outlook Markets Trading Ideas

(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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