Saturday, October 6, 2012

Monday’s Stocks to Watch: Corn Products, Int’l Coal

Here are a few stocks to keep on your radar:

  • Corn Products (NYSE:CPO) shares rose�nearly 4%�after the company beat analysts’ first-quarter profit and revenue expectations.
  • International Coal (NYSE:ICO) jumped�more than 30% to $14.42�on news that Arch Coal (NYSE:ACI) would buy the company for $14.60 a share — a 33% premium — in an all-cash deal worth about $3.4 billion.
  • Armstrong World Industries (NYSE:AWI) gained�2.2% after the company beat Wall Street’s first-quarter earnings and revenue estimates.
  • Shares of Echostar (NASDAQ:SATS) slipped�5.7% after the company missed analysts’ first-quarter earnings expectations. Revenue fell more than 23% from a year earlier.
  • LyondellBasell (NYSE:LYB) rose�5.6% after the company’s first-quarter earnings report, which included the company noting that the second quarter was “off to a good start.”

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