Saturday, May 14, 2011

Friday’s Stocks to Watch: CA, Nordstrom

tdp2664
InvestorPlace
Here are a few stocks to keep on your radar: Shares of CA (NYSE: CA ) were off more than 8% in early Friday trading after the company missed Wall Street’s fiscal fourth-quarter earnings and revenue expectations late Thursday. Nordstrom (NYSE: JWN ) fell 0.6% after the company missed analysts’ first-quarter profit and revenue estimates. Nvidia (NASDAQ: NVDA ) shares slipped 8.4% after beating Wall Street’s first-quarter profit and revenue expectations. The graphics chipmaker also said second-quarter revenue would beat current expectations. The stock had climbed 30% in 2011 alone, however, before Friday trading. Shares of VeriFone (NYSE: PAY ) rebounded by 2.4%, a day after a selloff in the wake of news that the Justice Dept. was filing suit to stop the company’s merger with Hypercom (NYSE: HYC ).



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