U.S. HOT STOCK FUTURES: HOT STOCKS to WATCH
06/13/2012| 06:48am US/Eastern
Among the companies with shares expected to actively trade in Wednesday's session are Scotts Miracle-Gro Co. (>> Scotts Miracle-Gro Co), Dell Inc. (>> Dell Inc.) and Casey's General Stores Inc.'s (>> Casey's General Stores, Inc.)
Scotts Miracle-Gro expects to fall short of its prior fiscal-year guidance as sales-growth momentum at its biggest U.S. retail partners has fallen off. Shares were down 15%, at $36.758 after hours.
Dell said it plans to pay a dividend beginning in its fiscal third quarter, becoming the latest technology company looking to boost shareholder value and attract a new group of investors. Shares jumped 2.6% to $12.28 after hours.
Casey's General Stores' fiscal fourth-quarter earnings rose 1.4% as the convenience-store operator reported that strong sales and higher margins inside its stores offset the impacts of lower gasoline margins. Still, shares fell 5.4% to $56.70 in after-hours trading as earnings missed expectations.
Career Education Corp. (>> Career Education Corp.) said it has received notice from the Accrediting Commission of Career Schools and Colleges to show cause why its accreditation at 10 of its institutions should not be withdrawn, a move that comes as the accreditor cracks down on student employment placement practices at the for-profit education company. Shares were off 3.7% to $5.98 after hours.
American Realty Capital Properties Inc. (>> American Realty Capital Properties Inc) disclosed plans to offer 3 million shares of common stock to make additional property acquisitions and pay down debt. Shares fell 3.4% to $9.90 after hours.
Endeavor International Corp.