Stocks To Watch For December 16

Some of the stocks that may grab investor focus today are: Research In Motion Limited
RIMM
reported a sharp decline in its FQ3 earnings, and issued a downbeat view for the current period. RIMM shares dipped 7.60% to $13.98 in the after-hours trading session. Adobe Systems Incorporated
ADBE
reported a 35% decline in its Q4 earnings. Adobe's quarterly earnings came in at $0.67 per share, excluding items, on sales of $1.15 billion. However, analysts were expecting earnings of $0.60 per share on sales of $1.09 billion. ADBE shares surged 5.56% to $27.93 in after-hours trading. Wall Street expects Darden Restaurants Inc
DRI
to report its FQ2 earnings at $0.42 per share on sales of $1.83 billion. DRI shares fell 0.11% to $43.69 in the after-hours trading session. Fitch Ratings cut the long-term issuer default ratings and viability ratings of Barclays PLC
BCS
, Bank of America Corp
BAC
, Credit Suisse AG
CS
, Deutsche Bank AG
DB
, BNP Paribas
BNPQY
and Goldman Sachs Group Inc
GS
. Fitch also lowered the viability ratings of Morgan Stanley
MS
and Societe Generale
SCGLF
. Salesforce.com Inc
CRM
announced its plans to buy Rypple for an undisclosed sum. The transaction is likely to close by the end of April 2012. CRM shares gained 0.46% to $107.20 in after-hours trading.
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