Here are a few stocks to keep on your radar:
- Shares of IBM (NYSE:IBM) slipped 1.4% after the company beat first-quarter profit and revenue expectations late Tuesday, while boosting its full-year earnings-per-share estimate above Wall Street’s consensus forecast.
- Yahoo (NASDAQ:YHOO) gained nearly 4% to $16.75 after the company beat first-quarter profit expectations late Tuesday. On Wednesday, RBC Capital raised its price target on the stock to $22 from $20.
- VMware (NYSE:VMW) shares jumped more than 9% after the company beat Wall Street’s earnings expectations and said full-year revenue would come in above current estimates.
- Intel (NASDAQ:INTC) rose 6.6% after beating analysts’ first-quarter profit and revenue expectations late Monday. The chipmaker also said second-quarter revenue would come in above Wall Street estimates. On Wednesday, JPMorgan upgraded the shares to overweight from neutral.
- One day after a massive jump in its shares after announcing it had received unsolicited offers to buy the company, Blackboard (NASDAQ:BBBB) shares were off 2% in early Wednesday trading.
