Sunday, August 12, 2012

Stocks to Watch: Stocks to watch Wednesday: Disney, Wyndham

CHICAGO (MarketWatch) � Among the stocks that could see active trade in Wednesday�s session are CVS Caremark, Time-Warner and Wyndham Worldwide.

CVS CVS � is slated to release its fourth-quarter financial report before the opening bell. The drugstore chain is expected to earn 89 cents a share on revenue of $28.09 billion, according to the average estimate of analysts polled by FactSet Research. Same-store sales are seen rising 2.1%.

Time Warner TWX � is also up in the morning and should earn 87 cents a share with revenue of $8.06 billion.

And Wyndham WYN �will post a profit of 44 cents a share on sales over $1 billion if Wall Street�s best guess is on the mark.

Other companies scheduled for earnings reports include Madison Square GardenMSG �, Coventry Health CVH �and Ingersoll- Rand IR �.

Late Tuesday, shares of Disney DIS �slipped about 2% after the company said its fiscal first-quarter profit rose 12% on higher fees paid to its ESPN sports network and better results at its eponymous theme parks. It exceeded Wall Street�s hopes on the bottom line but revenue came in a bit lower than expected.

But Buffalo Wild Wings BWLD �spiked 15% in after-hours action after it posted a string profit report that handily outstripped expectations.

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