Market Overview

Stocks To Watch For June 15

Related CPST
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Related CIDM
Cinedigm (CIDM) in Focus: Stock Tumbles 8.6% - Tale of the Tape
Morning Market Losers

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

II-VI (NASDAQ: IIVI) lowered its forecast for fourth quarter and fiscal year 2012. II-VI shares dipped 7.58% to $17.19 in the after-hours trading session.

Capstone Turbine (NASDAQ: CPST) posted a narrower loss in the fourth quarter. Capstone Turbine shares gained 1.01% to $1.00 in the after-hours trading session.

Shares of Nokia (NYSE: NOK) tumbled 15.77% yesterday after the company announced its plans to cut 10,000 jobs globally and shuffle its top management. It also lowered its earnings forecast. Nokia shares gained 0.43% to $2.36 in after-hours trading.

Seagate Technology (NASDAQ: STX) announced a deal to acquire a controlling interest in LaCie. Seagate shares gained 2.65% to $24.06 in after-hours trading.

Cinedigm Digital Cinema (NASDAQ: CIDM) posted a narrower loss for the full year. Its net loss from continuing operations came in at $14.0 million, or $0.39 per share, versus a year-ago loss of $21.6 million, or $0.71 per share, in the year-ago period. Cinedigm shares rose 1.34% to $1.51 in after-hours trading.

Posted-In: Stocks To WatchEarnings News Guidance M&A Pre-Market Outlook Markets Trading Ideas

 

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