NYSE:HBI

Hot Stocks to Watch: SGOC, SPU, HBI, HERO, SQNM, WOLF

Wall Street signEarnings beats are driving the market higher today. Releases by Microsoft and GE are leading the charge for the Dow. Investors are also watching the French elections closely along with the IMF meetings slated for this weekend.

Currently the Dow is up 104, the Nasdaq 20 and the S&P is adding 9. [Read more...]

After Hours Winners and Losers: NTAP, TSLA, GMCR, HDY, HBI, SKX

NetApp, Inc. (NASDAQ:NTAP) is up 8.05% in after hours trading at $43.09. NTAP closed the day up about 2% at $39.88 with 11.8 million shares traded. NetApp announced third quarter results after market close today. Results were in-line with estimates. The company reported revenue of $1.566 with non-GAAP profits of $0.58. Wall Street was expecting revenue of $1.56 billion with profits of $0.58 per share. For the next quarter, NetApp is expecting revenue of $1.645 billion to $1.68 billion with non-GAAP profits of $0.60 to $0.65 per share. The company has a market cap of 14.30 billion.

Tesla Motors, Inc. (NASDAQ:TSLA) is up 1.64% in after hours trading at $34.15. Tesla announced fourth quarter results a short time ago. Tesla reported a loss of $0.69 per share, analysts were expecting a loss of $0.63 per share. Revenue was $39.4 million, beating estimates of $38.45 million. Tesla is expecting fiscal year 2012 revenue of $550-$600 million, ahead of estimates of $521 million. The company has a market cap of 3.50 billion. [Read more...]

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