Stocks To Watch For January 7 (BLUD, KBH, XRTX, SABA, LIZ)

Some of the stocks that may grab investor focus today are: Immucor Inc BLUD reported its FQ2 earnings at $0.30 per share, up from $0.28 per share, in the year-ago quarter. The company's sales dropped 1% y/y to $81.5 million. However, analysts were expecting earnings of $0.27 per share on revenue of $80.3 million. BLUD shares surged 6.16% to $20.50 in after-hours trading. Analysts expect KB Home KBH to report a Q4 loss of $0.17 per share. KBH shares gained 0.35% to $14.38 in the after-hours trading session. Xyratex Ltd XRTX projects its adjusted Q1 earnings of $0.12 to $0.48 per share. The company projects its Q1 revenue of $355 million to $405 million. However, analysts estimated earnings of $0.44 per share on $367 million in revenue. XRTX shares dropped 9.46% to $15.50 in after-hours trading. Saba Software Inc SABA reported its Q2 non-GAAP profit of $0.02 per share, down from analysts' estimates of $0.07 per share. The company's revenue came in at $28.6 million, versus analysts' estimates of $29.1 million. Saba projected its FY non-GAAP profit of $0.10 to $0.15 per share, down from Wall Street's view of $0.30 per share. SABA's Board of Directors also authorized an increase of $5.0 million in its share buyback program. SABA shares dipped 12.12% to $5.51 in the after-hours trading session. Liz Claiborne LIZ lowered its projections for the fourth quarter and second half of 2010. The company now projects its Q4 adjusted operating loss to improve by about $10 million, down from its earlier forecast. The company's adjusted operating loss in the year-ago quarter was $15 million. For the second half of 2010, the company now projects its adjusted operating income between $40 million and $50 million, versus its earlier projections of $80 million. LIZ shares fell 16.67% to $5.75 in after-hours trading. Trading Ideas.