Some of the stocks that may grab investor focus today are:
Wall Street expects G-III Apparel Group Ltd GIII to post its Q1 EPS at $0.04 on revenue of $195.36 million. GIII shares declined 2.50% to close at $38.98 on Friday.
Electronic Arts Inc ERTS is scheduled to hold press conference at the E3 trade show in Los Angeles. ERTS will discuss new offerings at the show. ERTS shares dropped 0.85% to close at $24.03 on Friday.
Apple Inc AAPL will start its annual developers conference Monday. Apple reported that the keynote will feature CEO Steve Jobs, with the focus to be on the new, cloud-based music and data service known as iCloud. AAPL shares fell 0.77% to close at $343.44 on Friday.
Microsoft Corp MSFT is also slated to hold press conference at the E3 trade show in Los Angeles. No new devices from the Xbox team at the company are expected. MSFT shares declined 1.30% to close at $23.91 on Friday.
According to The Wall Street Journal, the US Justice Department is examining likely bidders for Nortel Networks Corp NRTLQ patents to stay ahead of any anti-competitive ramifications. The US Justice Department's antitrust unit antitrust unit is reviewing Google's GOOG $900 million opening bid. GOOG shares fell 0.94% to close at $523.08 on Friday, while NRTLQ shares gained 0.37% to close at $0.0271 on Friday.
Trading Ideas.
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