Stocks To Watch For October 11, 2013

Some of the stocks that may grab investor focus today are:

Wall Street expects JPMorgan Chase & Co (NYSE: JPM) to report its Q3 earnings at $1.19 per share on revenue of $23.94 billion. JPMorgan shares fell 0.23% to $52.40 in after-hours trading.

Micron Technology (NASDAQ: MU) reported a weaker-than-expected FQ4 net profit. Micron shares fell 1.68% to $18.12 in the after-hours trading session.

Analysts expect Wells Fargo & Company (NYSE: WFC) to report its Q3 earnings at $0.97 per share on revenue of $20.97 billion. Wells Fargo shares gained 2.68% to close at $41.44 yesterday.

Gap (NYSE: GPS) reported a 3% drop in its same-store sales in September, versus a 6% rise in the year-ago month. However, analysts were expecting a 1.6% rise in comparable sales. Gap shares declined 5.14% to $37.64 in the after-hours trading session.

Safeway (NYSE: SWY) reported a 58% drop in its third-quarter net income and announced its plans to exit the Chicago market by 2014. Safeway shares surged 5.64% to $33.35 in after-hours trading.

Posted-In: Stocks To WatchEarnings News Retail Sales Pre-Market Outlook Markets Trading Ideas

(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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