#Stocks2Watch: FOX Business rounds up the stocks you should watch before the opening bell rings on Wall Street. Tweet @adamsamson or e-mail firstname.lastname@example.org and tell us what stocks you're watching -- your picks could appear online!
1. Oracle (NASDAQ:ORCL)
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Oracle (NASDAQ:ORCL) posted quarterly profits that missed expectations on the top and bottom lines after the closing bell on Tuesday. Shares of the software giant are down more than 3%.
2. Horizon Pharma (NASDAQ:HZNP)
Horizon Pharma (NASDAQ:HZNP) shares are surging more than 20% after the biotech company revealed plans to buy Ireland-based Vidara Therapeutics International. The move will expand Horizon's product pipeline and help the firm benefit from Ireland's low corporate tax rates.
3. FedEx (NYSE:FDX)
FedEx (NYSE:FDX) revealed quarterly results that widely missed Wall Street's estimates. The shipping giant said "unusually severe winter storms … disrupted operations" and weighed on shipping volumes. The shares are modestly lower in somewhat volatile action.
4. Toyota Motors (NYSE:TM)
Toyota (NYSE:TM) is reportedly set to settle charges from the U.S. government stemming from an acceleration issue on a subset of its vehicles for $1 billion.
5. Adobe Systems (NASDAQ:ADBE)
Adobe Systems (NASDAQ:ADBE) posted a solid quarterly beat. Shares of the maker of creative software like Photoshop are climbing about 1%.