Tuesday, March 15, 2011

LargeCap Stocks to Watch Today

LargeCap Stocks to Watch TodayChinese media and entertainment services provider Subaye was plunging 24.3% to $4.48 in premarket trading Tuesday after the company announced the resignation of its chief financial officer.

Uranium company Denison Mines was down 19.6% to $2.05 and peer Uranium Resources was down 17.1% to $1.45 in the wake of the nuclear crisis in Japan.

Solar company Yingli Green Energy was up 10% to $12.39 and Trina Solar was up 5.2% to $27.34, as alternative energy sectors surged in anticipation of stronger demand amid Japan's nuclear crisis.

Shares of Sony were tumbling 8.2% to $28.53 in premarket trading Tuesday as the electronics company suspended production in Japan in the aftermath of the earthquake, while automaker Toyota fell 6.8% to $76.20 after saying it would halt production at its domestic plants through Wednesday -- a production loss of 40,000 cars.

Shares in General Electric were slumping 6% to $18.73 in premarket trading Tuesday. GE designed the reactors used at the damaged Fukushima Dai-ichi nuclear power plant in Japan.

Oil giant Royal Dutch Shell was flat at $67.12 after raising its oil production target to 3.7 million barrels of oil per day in 2014.

Specialty retailer Williams-Sonoma reported fourth-quarter adjusted earnings of $1.08 a share, exceeding the Wall Street consensus estimate of 98 cents.

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