Here is a look at some of the stocks the Yahoo Finance team will be watching for you today.
21st Century Fox (FOXA) shares rose in the pre-market. The entertainment company reported better-than-expected earnings and revenue after it abandoned its pursuit of Time Warner. Revenue rose 17% from a year earlier. The company benefited from strength in its film business, thanks to movies like “X-Men: Days of Future Past” and “Rio 2, ” and growth in its cable networks.
Jack in the Box (JACK) shares popped before the bell. The restaurant chain reported earnings and revenue that beat estimates thanks to strong sales at the company's namesake burger chain and its Qdoba Mexican Grill stores. Same-store sales rose 2.4% from a year earlier. The company also raised its earnings outlook for the year.
Wendy's (WEN) shares rose in early trading. The fast-food chain posted earnings of $0.09 a share, missing analysts' estimates by a penny. Revenue fell nearly 20% from a year earlier, but beat estimates. Wendy's profits benefitted from the sale of company-owned restaurants. It also announced plans to sell all of its company-owned stores in Canada to franchisees.
Keurig Green Mountain (GMCR) were lower early trading. The company posted earnings that beat estimates driven by sales of single-serve coffee packs and demand for its Keurig brewers. However, revenue slightly missed estimates, and the company's earnings outlook for the current quarter came up short of analysts' estimates as well.
Bank of America (BAC) shares were up in the pre-market. The bank is reportedly close to the largest settlement ever with the Justice Department for bad mortgages sold in the run-up to the financial crisis. The proposed deal would have Bank of America pay somewhere between $16 billion and $17 billion. About $9 billion would reportedly be fines to federal and state governments. The rest would go toward consumer relief.
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