Must Watch Stocks for August 22, 2016

 

Some of the stocks that may grab investor focus today are:

  • Wall Street expects Nordson Corporation NDSN to post quarterly earnings at $1.33 per share on revenue of $479.71 million after the closing bell. Nordson shares rose 1.15 percent to close at $92.20 on Friday.
  • Pfizer Inc. PFE is close to a deal to acquire Medivation Inc MDVN for about $14 billion or approximately $80 per share, according to sources as reported by Financial Times on Sunday. Celgene Corporation CELG, Gilead Sciences, Inc. GILD and Sanofi SA (ADR) SNY also were said to be bidding for Medivation. Pfizer shares slipped 0.09 percent to $34.95 in after-hours trading, while Medivation shares gained 0.07 percent to $67.21 in the after-hours trading session.
  • Analysts expect Zoe's Kitchen Inc ZOES to post quarterly earnings at $0.06 per share on revenue of $67.25 million after the closing bell. Zoe's Kitchen shares slipped 0.03 percent to close at $36.85 on Friday.

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  • Japanese company Renesas Electronics Corp. is in talks to buy Intersil Corp ISIL for around $3 billion, the Nikkei reported. Intersil shares rose 1.82 percent to close at $15.64 on Friday.
  • Analysts are expecting Premier Inc PINC to have earned $0.39 per share on revenue of $300.28 million in the latest quarter. Premier will release earnings after the markets close. Premier shares dropped 0.09 percent to $32.81 in after-hours trading.
  • Lowe's Companies, Inc. LOW declared a $0.35 per share quarterly dividend on Friday. Lowe's shares declined 0.03 percent to $77.80 in after-hours trading.
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