Here are some of the stocks the Yahoo Finance team will be watching for you today.
Our parent company Yahoo (YHOO) is in the spotlight. The Justice Department is expected to announce charges against suspects related to the massive data breach that compromised millions of Yahoo user accounts and led Verizon (VZ) to lower its buyout price for Yahoo.
Twitter (TWTR) shares were lower in early trading after a large number of high-profile Twitter accounts were hijacked. The hacker posted tweets with anti-Nazi messages that supported Turkish President Erdogan in his diplomatic spat with the Netherlands and Germany. Some of the messages also mentioned the date April 16, when Turkey will hold a referendum seeking to give more power to the president.
Investors may have a sweet tooth for shares of Hostess Brands (TWNK). The company behind Twinkies and Ding Dongs reported better-than-expected revenue for the fourth quarter, as sales rose 21.6% from a year ago. Hostess also said it expects same-store sales to rise more than 5% this year. This is the company’s first report since its return as a public company.
Oracle (ORCL) is scheduled to report quarterly results after the close of trading this afternoon. The enterprise software giant is expected to report a 3% drop in profit, but revenue is expected to rise 3% from a year ago to $9.25 billion as it continues to grow its cloud business.