Alcoa Heats Up on EPS Beat and Other #Stocks2Watch
#Stocks2Watch: FOX Business rounds up the stocks you should watch before the opening bell rings on Wall Street. Tweet @adamsamson or e-mail adam.samson@foxbusiness.com and tell us what stocks you're watching -- your picks could appear online!
1. Alcoa (NYSE:AA)
Alcoa (NYSE:AA) posted better-than-expected adjusted quarterly profits after the closing bell on Tuesday. The aluminum maker's shares are up more than 4%, extending a 17% year-to-date gain.
2. Intuitive Surgical (NASDAQ:ISRG)
Intuitive Surgical (NASDAQ:ISRG) shares are taking a hit after the company said its first-quarter profits will probably come in well below Wall Street's estimates. The profit warning comes amid slowing sales of its robotic surgery system called da Vinci.
3. Constellation Brands (NYSE:STZ)
Constellation Brands (NYSE:STZ) shares are jumping after the beer and liquor giant posted better-than-expected quarterly profits and an upbeat full-year outlook.
4. Halozyme Therapeutics (NASDAQ:HALO)
Halozyme Therapeutics (NASDAQ:HALO) shares are falling after the U.S. Food and Drug Administration ordered the biotechnology company to halt a trial in a pancreatic cancer drug delivery system. The move comes after the company voluntarily delayed the trial.
5. La Quinta
La Quinta, the hotel brand backed by private-equity giant Blackstone Group (NYSE:BX), priced its initial public offering Tuesday night at $17 a share. The company will make its public debut Wednesday on the New York Stock Exchange under the symbol "LQ."