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Smith & Wesson raises outlook; First Solar gets upgraded; Activision buys Major League Gaming

Yahoo Finance
Yahoo Finance

Here are some of the stocks the Yahoo Finance team will be watching for you today.

Smith & Wesson (SWHC) raised its sales and earnings outlook for the current quarter and its fiscal year. The company is citing a strong start to the gun show season. This as President Barack Obama gets set to roll out executive actions on gun control today that would require more gun sellers to obtain licenses and conduct background checks, including those who sell firearms online and at gun shows.

Activision Blizzard (ATVI), the company behind the popular "Call of Duty" video game, is buying e-sports pioneer Major League Gaming for $46 million. The company is hoping that the acquisition will help its efforts to become the ESPN of video games.  

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First Solar (FSLR) was upgraded by Goldman Sachs to "buy" from "neutral" and raised its price target on the stock to $100 per share.    

Gilead Sciences (GILD) received priority review by the Food and Drug Administration for an experimental Hepatitis C combination drug.

Ford (F) announced it's partnering with Amazon (AMZN) to connect cars with homes. Ford owners will soon be able to use voice or touch commands to open a garage door, check a thermostat setting, or turn on home lighting.