4 Super Hot Stocks: Apple Loses an Icon, STZ and Express Scripts Surge, and International Speedway Revs Up Income
Shares of Apple (NASDAQ:AAPL) are trading lower before the opening bell. Late Wednesday, former Apple CEO Steve Jobs passed away at the age of 56. Steve Jobs was a visionary and genius that changed the landscape of technology.
Don’t Miss: Apple Cheat Sheet: iPhone Event Recap.
Constellation Brands (NYSE:STZ) is surging more than 6% in early trading. The alcoholic-beverage reported a 78% increase in second quarter earnings. The company also raised its projected full-year earnings estimate by 10 cents to $2-$2.10 per share. Competitors to watch include Anheuser-Busch InBev (NYSE:BUD) and The Boston Beer Co. (NYSE:SAM). Investing Insights: Constellation Brands Earnings: Beats the Street on Profit Rise.
International Speedway (NASDAQ:ISCA) is catching the attention of investors this morning. The company reported third-quarter income of $9.7 million (20 cents per share), an increase from $3.6 million (8 cents per share) last year. However, the company also said it believes to miss its full-year revenue guidance.
Express Scripts (NASDAQ:ESRX) is 6% higher in early trading, even though the company lowered its full-year earnings guidance as the pharmacy-benefits manager expects a greater-than-expected shortfall in claims.
Don’t Miss: Remembering Steve Jobs: 1955-2011.