Stocks To Watch For April 29 (CVX, RIMM, CAT, MSFT, MRK)

Some of the stocks that may grab investor focus today are: Wall Street expects Chevron Corp CVX to report its Q1 EPS at $3.04 on revenue of $66.62 billion. CVX shares gained 0.08% to $108.90 in after-hours trading. Research In Motion Ltd RIMM cut its Q1 profit projections, due to lesser-than-expected shipments of its BlackBerry smartphones. The company now projects Q1 earnings of $1.30 to $1.37 per share, down from earlier forecast of $1.47 to $1.55 per share. However, analysts had been expecting earnings of $1.65 per share for the current quarter. RIMM shares dipped 11.12% to $50.30 in the after-hours trading session. Analysts are expecting Caterpillar Inc CAT to have earned $1.31 per share on revenue of $11.52 billion in the first quarter. CAT shares rose 0.23% to $112.90 in after-hours trading. Microsoft Corp MSFT reported a sharp rise in its FQ3 profit. The company's quarterly net income increased to $5.2 billion, or $0.61 per share, from $4 billion, or $0.45 per share, in the year-earlier period. The company's revenue surged 13% to $16.4 billion. The latest quarter earnings included a tax benefit of $0.05 per share. However, analysts were expecting earnings of $0.55 per share on revenue of $16.2 billion. MSFT's revenue of its Windows operating system dropped 4% year-over-year. MSFT shares fell 1.42% to $26.33 in the after-hours trading session. Analysts expect Merck & Company Inc MRK to report its Q1 earnings at $0.84 per share on revenue of $11.37 billion. MRK shares gained 0.48% to $35.94 in after-hours trading. Trading Ideas.