Here are some of the stocks the Yahoo Finance team will be watching for you today.
General Mills (GIS) shares fell in early trading. The maker of Cheerios and Wheaties brand cereals reported earnings of $0.67, missing analysts’ estimates by a nickel. Revenue also came up short of expectations and was down nearly 3% from a year earlier as sales in the U.S. continued to decline. The company said it will begin new cost-cutting measures to help boost growth.
Apollo Education (APOL) rose before the bell after the company that operates the University of Phoenix reported earnings of $0.76, topping analysts' estimates. However, profits slid 17% from a year ago as enrollment fell. Revenue also beat estimates, but was down 16% from a year earlier.
Bristol-Meyers Squibb (BMY) shares were higher before bell. The company’s late-stage clinical trial of it melanoma treatment showed it prolonged patients' survival.
Aerie Pharmaceuticals (AERI) stock soared in pre-market trading after its glaucoma daily eye drop treatment showed successful results in mid-stage trials.
Google (GOOGL) is in the spotlight. The company kicks-off its I/O developer conference today and it's expected to debut a TV set-top box, according to the Wall Street Journal. The device will let users play games, and watch movies and other content. Google is also expected to debut a smartwatch, and give more details about getting its Android operating system into cars. The conference will begin with a keynote at Noon Eastern today.
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- General Mills