Stocks to Watch: AA, GOOG & More
Check out some of Tuesday's after-the-bell movers:
Alcoa - The aluminum producer beat profit expectations, posting first-quarter earnings of 10 cents a share, excluding one-time items. Analysts polled by Reuters had expected the Dow component to post a loss of 3 cents.
Best Buy - The CEO of the consumer electronics retailer Brian Dunn resigned abruptly amid a probe into his "personal conduct," according to the Wall Street Journal. The company had declined to provide details when Dunn's resignationwas initially announced earlier Tuesday.
Google - UBS boosted the Internet giant's price target to $825 from $800 and reiterated its "buy" rating, saying that the company's new ad formats are increasing traction and adding the company is likely to deliver above-average topline growth. Google is scheduled to post earnings on Thursday afternoon.
Chevron - The oil giant said its upstream and downstream results are expected to show an improvement from last quarter.
Owens-Illinois - The glass products maker said its first-quarter earnings should exceed year-ago estimates by more than 35 percent.
Nike , Reebok - The sports apparel retailers settled a lawsuit over the right to sell football gear bearing the name of Tim Tebow.
Krispy Kreme - The doughnut chain's president and COO Kenneth May resigned, citing "personal reasons."
Also on the C-suite shakeup front, Panera Bread appointed Thomas Patrick Kelly as its interim CFO as the restaurant chain searches for a permenant replacement.
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