Stocks To Watch For January 12 (CLC, ZLC, DRWI, LULU, CLF)

Some of the stocks that may grab investor focus today are: Wall Street expects CLARCOR Inc CLC to report its Q4 EPS at $0.56 on revenue of $269.04 million. CLC shares gained 0.99% to close at $43.81 yesterday. Zale Corp ZLC reported 8.5% surge in its comparable-store sales during November and December. ZLC's revenue for the two-month period increased 8% y/y to $533.1 million. ZLC shares jumped 5.46% to $4.25 in after-hours trading. Analysts expect DragonWave Inc DRWI to report a FQ3 loss of $0.01 per share on revenue of $27.39 million. DRWI shares surged 2.03% to $9.04 in the after-hours trading session. Lululemon Athletica LULU lifted its Q4 profit projections to a range of $0.55 to $0.57 per share, compared with its December projections of $0.46 to $0.48 per share. The company now projects its revenue within $237 million to $239 million, up from $210 million to $215 million. LULU shares advanced 8.33% to $72.84 in pre-market trading. Cliffs Natural Resources Inc CLF announced its plans to purchase Consolidated Thompson Iron Mines Ltd for C$17.25 ($17.42) per share, or $4.9 billion Canadian dollars ($4.95 billion). CLF shares fell 1.11% to $84.02 in after-hours trading. Trading Ideas.
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