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Must Watch Stocks for October 24, 2016

VFC, V, TMUS, KMB, GNW, T

 

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

  • Wall Street expects Visa Inc (NYSE: V) to post quarterly earnings at $0.73 per share on revenue of $4.23 billion after the closing bell. Visa shares slipped 0.18 percent to close at $82.35 on Friday.
  • AT&T Inc. (NYSE: T) agreed to acquire Time Warner Inc (NYSE: TWX) for $107.50 per share in cash and stock. Total equity value of the deal is $85.4 billion. AT&T also reported Q3 earnings of $0.74 per share on revenue of $40.9 billion. Time Warner shares climbed 7.81 percent to close at $89.48 on Friday, while AT&T shares declined 3 percent to close at $37.49 on Friday.
  • Analysts expect Kimberly Clark Corp (NYSE: KMB) to report quarterly earnings at $1.54 per share on revenue of $4.73 billion before the opening bell. Kimberly Clark shares rose 0.34 percent to close at $119.58 on Friday.

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

  • Before the markets open, VF Corp (NYSE: VFC) is estimated to post its quarterly earnings at $1.15 per share on revenue of $3.63 billion. VF Corp shares gained 0.68 percent to close at $54.67 on Friday.
  • Rockwell Collins Inc (NYSE: COL) agreed to buy B/E Aerospace Inc (NASDAQ: BEAV) for $62 per share in cash and stock. The deal is valued at $6.4 billion plus the assumption of $1.9 billion in debt. Rockwell Collins also reported Q4 earnings of $1.58 per share on revenue of $1.445 billion. B/E Aerospace shares slipped 0.08 percent to close at $50.61 on Friday, while Rockwell Collins shares gained 0.99 percent to close at $84.46 on Friday.
  • Analysts are expecting T-Mobile US Inc (NASDAQ: TMUS) to have earned $0.23 per share on revenue of $9.42 billion in the latest quarter. T-Mobile will release earnings before the opening bell. T-Mobile shares fell 0.64 percent to close at $46.75 on Friday.
  • China Oceanwide Holdings Group Co agreed to acquire Genworth Financial Inc (NYSE: GNW) for $2.7 billion in cash. Genworth shares gained 0.97 percent to close at $5.21 on Friday.


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