Stocks To Watch (ORCL,CKR,EK,BTU,PCX)

Oracle Corporation (NASDAQ: ORCL) slipped $0.53 or 2.340% to $21.60 in after-hours trading as, the database software maker, reported quarterly sales that missed Wall Street forecasts. The company reported net income of $1.1 billion, or 22 cents per share, for the three months ended Aug. 31. That was up 8% from earnings of $1.07 billion, or 21 cents per share, a year earlier. However, sales fell 7% to $5.1 billion in the quarter, missing analysts' expectations for $5.25 billion in revenue.

CKE Restaurants, Inc. (NYSE: CKR) down 6.74% to $10.51 in after-hours trading after it reported Q2 EPS of $0.21, 1 cents lower than the analyst estimate of $0.22. Revenue for the quarter was $336 million against the Street estimate of $340.87 million.

Eastman Kodak Company (NYSE: EK) fell 2.70% to $6.68 in pre-market trading as The photography company reshaping itself in the digital age, said it expects to raise as much as $700 million, with KKR & Co. committing to buy more than half of the notes.

Peabody Energy Corporation (NYSE: BTU) decreased $1.5% to $40.05 after UBS AG downgraded it to “neutral” from “buy”.

Patriot Coal Corporation (NYSE: PCX) is also downgraded to “neutral” from “buy” by UBS AG and the stock slipped 3.48% to $13.51 in pre market.