LargeCap Stocks to Keep an Eye on Today

Oxford, MS 8/17/2011 (PennyPayDay) – Target (TGT) shares were rising 5.1% to $51.92 after the discount chain said it earned $1.03 a share during the second quarter, beating estimates for 97 cents. Same-store sales grew 3.9% for the three-month period.

Shares of PC maker Dell (DELL) fell in premarket trading Wednesday after the company reported second-quarter revenue that missed analysts' forecasts and it issued a weak outlook.

Deere (NYSE: DE) reported fiscal third-quarter earnings of $1.69 a share on sales that rose 22% to $8.37 billion. Analysts' estimates had called for a profit of $1.67 a share on revenue of $7.5 billion. The agriculture equipment company also raised its full-year earnings forecast to $2.7 billion from its previous guidance of $2.65 billion.

Shares of Abercrombie & Fitch (ANF) were falling 6.4% even though the teen retailer posted second-quarter earnings that exceeded analysts' forecasts by 6 cents at 35 cents a share.

First Solar (FSLR) shares were down 2.8% at $101.50 after the solar panel maker said Jens Meyerhoff, president of the company's utility systems business group and former chief financial officer, will leave the company next month.

Analog Devices (ADI) said fiscal third-quarter earnings rose 10%, but the results missed expectations, and the chipmaker said fourth-quarter revenue could be reduced as the uncertain global economy makes customers more cautious.

Office products retailer Staples (SPLS) posted adjusted second-quarter earnings of 22 cents a share, topping the estimates of analysts.

Sales rose 5.2% to $5.82 billion.

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Stocks to Keep an Eye on Today

PepsiCo (NYSE:PEP) offered to buy 66% of Russian dairy products and fruit-juice maker Wimm-Bill-Dann for $3.8 billion. Pepsi will offer to buy the remaining shares once the acquisition is completed, the company said in a press release Thursday.

Wimm-Bill-Dann Foods (NYSE:WBD) shares rose 30.4%, or $7.45, to $31.95 in premarket trading Thursday. Pepsi shares rose less than 1% to $65.75.

Luxury homebuilder Toll Brothers (NYSE:TOL) reported a swing to profit in the fiscal fourth quarter on a tax benefit as revenue and homebuilding deliveries fell. Toll posted fourth-quarter net income of $50.5 million, or 30 cents a share, a swing from a year-earlier loss of $111.4 million, or 68 cents a share. Toll shares were falling by 1.4% to $18.20 in premarket trading.

November same-store sales reports, which include results from the Black Friday weekend, largely topped estimates. Shares of Abercrombie and & Fitch (NYSE:ANF) surged by 7.6% to $54.25 in early trading as the retailer said same-store sales rose 22%, beating the increase of 6.8% that analysts expected.

Gap (NYSE:GPS), Macy's (NYSE:M) and Target (NYSE:TGT) also all posted better-than-expected same-store sales gains in November. Gap fell 0.3%, Macy's rose 0.8% and Target tacked on 1.3% in premarket trading. Warehouse retailer Costco said comparable-store sales in November rose 9%. Analysts surveyed by Thomson Reuters were expecting same-store sales to increase 6.2%. Shares of Costco (NASDAQ:COST) were up 0.9% to $68.91 in premarket trading.

Kroger (NYSE:KR), Novell (NASDAQ:NOVL) and Phillips-Van Heusen (NYSE:PVH) are among the companies reporting quarterly earnings Thursday.

Novell was down 0.2% to $5.95, and Kroger was down 6.1% to $22.40 before the markets open Thursday; Phillips-Van Heusen finished Wednesday at $70.02, up 3.2%.

China-based specialty chemical manufacture Chemspec International (NYSE:CPC) says it has received a financing letter from its chairman and CEO regarding a proposal to acquire certain outstanding shares of the company. The stock ended Wednesday's trading session up 1.1% to $7.23.

Stocks to Keep an Eye on Today

PepsiCo (NYSE:PEP) offered to buy 66% of Russian dairy products and fruit-juice maker Wimm-Bill-Dann for $3.8 billion. Pepsi will offer to buy the remaining shares once the acquisition is completed, the company said in a press release Thursday.

Wimm-Bill-Dann Foods (NYSE:WBD) shares rose 30.4%, or $7.45, to $31.95 in premarket trading Thursday. Pepsi shares rose less than 1% to $65.75.

Luxury homebuilder Toll Brothers (NYSE:TOL) reported a swing to profit in the fiscal fourth quarter on a tax benefit as revenue and homebuilding deliveries fell. Toll posted fourth-quarter net income of $50.5 million, or 30 cents a share, a swing from a year-earlier loss of $111.4 million, or 68 cents a share. Toll shares were falling by 1.4% to $18.20 in premarket trading.

November same-store sales reports, which include results from the Black Friday weekend, largely topped estimates. Shares of Abercrombie and & Fitch (NYSE:ANF) surged by 7.6% to $54.25 in early trading as the retailer said same-store sales rose 22%, beating the increase of 6.8% that analysts expected.

Gap (NYSE:GPS), Macy's (NYSE:M) and Target (NYSE:TGT) also all posted better-than-expected same-store sales gains in November. Gap fell 0.3%, Macy's rose 0.8% and Target tacked on 1.3% in premarket trading. Warehouse retailer Costco said comparable-store sales in November rose 9%. Analysts surveyed by Thomson Reuters were expecting same-store sales to increase 6.2%. Shares of Costco (NASDAQ:COST) were up 0.9% to $68.91 in premarket trading.

Kroger (NYSE:KR), Novell (NASDAQ:NOVL) and Phillips-Van Heusen (NYSE:PVH) are among the companies reporting quarterly earnings Thursday.

Novell was down 0.2% to $5.95, and Kroger was down 6.1% to $22.40 before the markets open Thursday; Phillips-Van Heusen finished Wednesday at $70.02, up 3.2%.

China-based specialty chemical manufacture Chemspec International (NYSE:CPC) says it has received a financing letter from its chairman and CEO regarding a proposal to acquire certain outstanding shares of the company. The stock ended Wednesday's trading session up 1.1% to $7.23.