Thursday, January 10, 2013

Stocks to Watch: Stocks to watch Friday: Darden, KB Home

CHICAGO (MarketWatch) � Among the stocks that could see active trade in Friday�s session are Darden Restaurants Inc., KB Home and Micron Technology Inc.

Click to Play U.S. stocks fall on slowing worries

The Dow fell for a third straight day following weak economic signals from the euro zone and fresh concerns from China about slowing global growth, Paul Vigna reports on the News Hub. Photo: Bloomberg News.

Darden DRI � is slated to report its fiscal third-quarter earnings before the start of trading. It�s expected to earn $1.24 a share on revenue of $2.15 billion, according to the average estimate of analysts polled by FactSet Research. Same-store sales at the parent of Red Lobster and Olive Garden are seen rising 4%.

Also up in the morning is KB Home KBH � and the company should lose 24 cents a share on revenue of $334.9 million if Wall Street�s best guess is on the mark.

Nike NKE �late Thursday said fiscal third-quarter profit was up 7%, with future orders indicating good demand into the summer season. Read about Nike's results.

Micron Technology MU � shares fell 3% Thursday evening after the chip maker reported that it swung into the red in its fiscal second quarter on declining sales and rising costs. See more on Micron's quarterly results.

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