Here’s a look at some of the stocks the Yahoo Finance team will be watching for you today.
Shares of Signet Jewelers (SIG) have lost some of their shine this morning after the parent company of mall-based Kay and Zales jewelry stores lowered its outlook for Q4. Signet said third-quarter earnings missed estimates while same store sales slid 5%.
Investors are also watching GameStop (GME). The video game retailer is posting earnings after the bell today. Despite healthy revenue this year, analysts are expecting GameStop to lower its guidance due to growing popularity in online gaming. Meanwhile, GameStop is expecting a boost in holiday sales. Investors believe this will allow it to post roughly flat comps to make up for other declines.
Investors appear to have an appetite for Tyson Foods (TSN) this morning. The biggest U.S. poultry producer will spend $300 million dollars to build a new plant in Tennessee. The move is expected to create 1,500 jobs. The plant will focus on producing pre-packaged trays of fresh chicken as demand continues to boom.
