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Here are a few stocks to keep on your radar: Shares of Cisco (NASDAQ: CSCO ) slipped more than 6% after the company beat analysts’ fiscal third-quarter earnings estimates late Wednesday but said fourth-quarter revenue and profit would come in below current expectations. Symantec (NASDAQ: SYMC ) rose 4% after the company beat fiscal fourth-quarter profit and revenue estimates and forecast first-quarter profit would meet Wall Street’s expectations. Shares of AT&T (NYSE: T ) were up 0.1% after the company spent Wednesday on Capitol Hill defending its planned acquisition of T-Mobile. A note by Stifel Nicolaus on Thursday said the firm expects the merger to be approved, although it’s a closer call than some believe. Kosmos Energy (NYSE: KOS ) fell 1% to $18.05 in early Thursday trading, a day after the company priced its initial public offering at $18 a share. Kohl’s (NYSE: KSS ) added 1.2% after the retailer met Wall Street’s first-quarter earnings and revenue estimates.
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Friday, May 13, 2011
Thursday’s Stocks to Watch: Cisco, Symantec
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