Some of the stocks that may grab investor focus today are:
- Wall Street expects CarMax, Inc. (NYSE: KMX) to report quarterly earnings at $1.06 per share on revenue of $4.43 billion
before the opening bell. CarMax shares rose 1.4 percent to $64.57 in after-hours trading.
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Science Applications International Corp (NYSE: SAIC) reported stronger-than-expected results for its fourth quarter and raised
its quarterly dividend from 31 cents to 37 cents. SAIC shares jumped 11.5 percent to $82.00 in the after-hours trading session.
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Restoration Hardware Holdings, Inc (NYSE: RH) reported upbeat earnings for its fourth quarter, while sales missed estimates.
The company also lowered its full-year outlook. RH shares dropped 14 percent to $113.50 in the after-hours trading session.
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- Analysts are expecting BlackBerry Limited (NYSE: BB) to have earned $0.06 per share on revenue of $241.66 million in the latest
quarter. BlackBerry will release earnings before the markets open. BlackBerry shares rose 0.3 percent to $8.91 in after-hours
trading.
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Wells Fargo & Co (NYSE: WFC) CEO Tim
Sloan is leaving the C-suite at a bank that has faced accusations of predatory lending, the creation of fraudulent customer
savings and checking accounts and the forced sale of auto insurance to loan clients. Sloan is retiring effective June 30 and is
stepping down immediately from his roles as CEO, president and board member, Wells Fargo said in a Thursday afternoon
statement. Wells Fargo shares rose 2.2 percent to $50.19 in the after-hours trading session.
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Chiasma Inc (NASDAQ: CHMA) reported an
offering of common stock. The size was not disclosed. Chiasma shares tumbled 17.5 percent to $4.75 in the after-hours trading
session.
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