PayPal Inks Deal With NCR and 3 Hot Stocks Demanding Investor Interest
Body Central Corp (NASDAQ:BODY): Current Price $8.37
Speciality retailer Body Central Corp (NASDAQ:BODY) announced net revenues for the fourth quarter of $81 million, up 0.4%, with comparable store sales falling 11.6%. The results were impacted because the company was “more promotional than planned” during the December holiday season, resulting in weaker margins. Accordingly, the company has revised its guidance for full year diluted EPS to $0.68-$0.70 per share.
PayPal (NASDAQ:EBAY): Current Price $52.72
PayPal (NASDAQ:EBAY) and NCR (NYSE:NCR) have tied up a major deal that could give PayPal a sizeable advantage in the mobile payments market. The deal enables PayPal’s payments solution being offered inside of NCR’s mobile apps and services for retailers and restaurants. NCR’s huge reach across the US will therefore be accessible to PayPal while NCR’s chief technology officer and executive vice president John Bruno is attracted by PayPal’s broad payment offering that addresses a transformed detailed world where a point of sale no longer exists. The deal could spell some serious competition to Square.
Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.
QLogic Corp (NASDAQ:QLGC): Current Price $10.80
High-performance network infrastructure solutions provider, QLogic Corp (NASDAQ:QLGC) announced preliminary estimates of the third quarter for fiscal 2013. Net revenue is estimated at $119 million and income from continuing operations in the range $0.19 to $0.20 per diluted share. The markets expected revenue of $115.1 million and EPS of $0.17. The preliminary results were favourably impacted by a strong performance from the Host Products and Network Products businesses. Final figures would be declared on 24th of January, 2013, after the close of the market.
American Eagle Outfitters (NYSE:AEO): Current Price $20.01
December retail sales came in better than expected at +0.5% compared to +0.2% consensus, leading the market to bid up shares of retailers such as American Eagle Outfitters (NYSE:AEO) +1.68%, Guess (NYSE:GES) +3.1%, Gap (NYSE:GPS) +2.64%, and Aeropostale (NYSE:ARO) +0.89%.
Don’t Miss: Is The London Whale Beached?