4 Stocks with Fresh News to Keep On Your Radar
US Markets closed higher yesterday on news that spring break is in session. The resilience continues as negative economic data is ignored by the market.
Here are a few of today’s most active stocks trading pre-market:
1) Oxford Industries Inc. (NYSE:OXM): Shares of the international apparel designer are up $3.10 or 12.40% after announcing an 18% increase to its quarterly dividend. The company also reported a fiscal Q4 earnings surge on increased sales and a large gain on a sale from its Oxford Apparel operations.
2) Sealy Corp. (NYSE:ZZ): Shares of the mattress and bedding product manufacturer are down $0.13 or 4.68% after posting a fiscal Q1 loss coming from discontinued operations. The company also reported fewer sales and lower prices on their products.
3) Tibco Software Inc. (NASDAQ:TIBX): Shares of the independent provider of middleware and infrastructure software are down $1.37 or 5.22% on expected results. Fiscal Q1 earnings jumped 53% but investors were looking for a little more as investors are selling shares into the report.
4) Landec Corp. (NASDAQ:LNDC): Shares of the packaging company are down to $6.19 or 3% after issuing guidance for the fiscal year below analyst expectations. However, fiscal Q3 earnings rose 33%.
Keep these stocks on your watch list for today’s trading. And if you’re invested in precious metals, Here’s Your Guide To Debunking Gold Bears.