Stocks To Watch For June 7

Some of the stocks that may grab investor focus today are: Wall Street expects Navistar International Corporation NAV to report its Q2 EPS at $1.17 on revenue of $3.30 billion. NAV shares gained 0.08% to $62.92 in after-hours trading. Temple-Inland Inc TIN rejected a $3.3 billion unsolicited takeover bid from International Paper Co IP. IP said it would pay $30.60 per share for all the outstanding shares of Temple-Inland, representing a 46% premium to Temple-Inland's closing stock price on Monday. TIN shares jumped 41.55% to $29.74 in after-hours trading, while IP shares climbed 3.88% to $30.80 in the after-hours trading session. Pep Boys - Manny, Moe & Jack PBY reported downbeat first-quarter results. Pep Boys reported its quarterly net income at $12.4 million, or $0.23 per share, versus $12 million, or $0.23 per share, in the year-ago period. Its sales increased 0.7% to $513.5 million. Its comparable store sales dropped 0.6%. However, analysts were expecting earnings of $0.30 per share on revenue of $537 million. PBY shares dipped 13.04% to $11.74 in the after-hours trading session. Regions Financial Corporation RF agreed to purchase the $1 billion portfolio of its branded credit card from a subsidiary of Bank of America. RF shares gained 0.17% to $6.06 in after-hours trading. G-III Apparel Group Ltd GIII reported a fiscal first-quarter net loss at $520,000, or $0.03 per share, versus a net loss of $1.4 million, or $0.07 per share, in the year-ago period. Its revenue surged 28% y/y to $196.9 million. However, analysts were expecting a profit of $0.04 per share on sales of $195.4 million. The company projects FQ2 earnings between $0.18 and $0.22 per share, on revenue of around $215 million. Analysts expected expecting earnings of $0.22 per share, on revenue of $221.2 million. GIII shares dropped 8.19% to $35.32 in after-hours trading. Trading Ideas.