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Friday, December 21, 2007

Hot Stocks to Watch Friday

Research In Motion (NasdaqGS:RIMM - News) reported Q3 net income more than doubled, and raised its Q4 guidance above estimates.
Jabil Circuit (NYSE:JBL - News) reported a 50% rise in Q1 profit, and provided guidance for Q2 and FY08.
Cisco Systems (NasdaqGS:CSCO - News) announced that Chief Development Officer, Charles Giancarlo, is leaving the company to join Silver Lake Partners. Giancarlo was seen by many as a possible successor to John Chambers, the company's CEO.
Newmont Mining (NYSE:NEM - News) sold its royalty assets and certain other non-core investments to Franco-Nevada Corporation in a transaction valued at $1.3.
Sun Bancorp (NYSE:SNBC - News) announced a $1.1 billion share buyback.
Tibco Software (NasdaqGS:TIBX - News) Q4 profit declined, but on a non-GAAP basis, earnings rose from the year-ago.
KeyCorp (NYSE:KEY - News) announced a Q4 charge, but increased its dividend for the 43rd consecutive year.

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