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Must Watch Stocks for July 11, 2016

AA, HPE

 

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

  • Wall Street expects Alcoa Inc (NYSE: AA) to post its quarterly earnings at $0.10 per share on revenue of $5.20 billion. Alcoa shares gained 5.14 percent to close at $9.82 on Friday.
  • Shares of Juno Therapeutics Inc (NASDAQ: JUNO) tumbled over 31 percent on Friday after the company announced JCAR015's Phase 2 trial was put on hold after two patients died last week. Juno Therapeutics shares shares fell 31.87 percent to close at $27.81 on Friday.

Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.

  • Analysts expect Bank Of The Ozarks Inc (NASDAQ: OZRK) to report its quarterly earnings at $0.59 per share on revenue of $163.84 million. Bank Of The Ozarks shares rose 3.69 percent to close at $36.78 on Friday.
  • Hewlett Packard Enterprise Co (NYSE: HPE) is said to be considering selling some of its software assets, according to sources as reported by Bloomberg on Friday. Some of the assets under consideration for a sale are Autonomy, Mercury Interactive and Vertica Systems, the sources said. Hewlett Packard Enterprise shares gained 3.03 percent to close at $19.04 on Friday.
  • Shares of Polycom Inc (NASDAQ: PLCM) shares rose over 12 percent on Friday after the company revealed Friday that private equity firm, Siris Capital Group, LLC and its affiliates, have submitted a unilaterally binding offer to buy all outstanding shares for $12.50 per share in cash. The current offer represented a premium of 13.6 percent to the existing value of Mitel Networks Corporation's (NASDAQ: MITL) offer, based on Mitel's closing share price as of July 7. Polycom shares climbed 12.70 percent to close at $12.25 on Friday.


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