Hot Stocks to Watch in the U.S. and Canada
January 12 2017 - 9:35AM
Dow Jones News
Among the companies with shares expected to trade actively in
Thursday's session are Delta Air Lines Inc. (DAL), Tesaro Inc.
(TSRO) and Straight Path Communications Inc. (STRP).
Delta Air Lines reported sliding profit in the latest quarter
amid rising labor costs, but the company said it expects an
important industry metric to turn positive in the current quarter
as it aims to trim capacity growth. Shares fell 1.05% to $50.90 in
premarket trading.
Tesaro said Wednesday the U.S. Food and Drug Administration
asked for more information about its anti chemotherapy-induced
nausea drug in a complete response letter. Shares fell 3.36% to
$141.00 premarket.
Straight Path Communications announced a comprehensive
settlement with the Federal Communications Commission related to
the company's wireless spectrum licenses. Shares rose 52.82% to
$48.00 premarket.
Home builder KB Home (KBH) said Wednesday that revenue rose 21%
in the fourth quarter, though weakness in its financial-services
segment dragged on profit.
Viacom Inc. (VIA) will pay its new chief executive $3 million in
base salary under a three-year contract, though total compensation
could be worth as much as $20 million if performance targets are
reached.
Write to Chris Wack at chris.wack@wsj.com or Maria Armental at
maria.armental@wsj.com
(END) Dow Jones Newswires
January 12, 2017 09:20 ET (14:20 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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