Monday, November 23, 2009

Monday Hot Stocks: LDK, TSN, NRG, HPQ

. Monday, November 23, 2009

By stockOzone team

Shares of following companies are expected to see unexpected move in Monday's trading session.

Early on Monday, LDK Solar Co. Ltd. (NYSE: LDK) on Monday said that its third-quarter net income dropped to $29.4 million, or 27 cents a share, from $88.4 million, or 77 cents a share, in the prior-year quarter. Revenue fell to $281.9 million from $542 million.

Tyson Foods Inc.
(NYSE: TSN) said Monday that it swung to fiscal fourth-quarter loss of $456 million, or $1.22 a share, compared to a profit of $48 million, or 13 cents a share, in the year-earlier perriod. On an adjusted basis, the company earned 28 cents a share, compared to 13 cents a share, last year. Revenue remained flat at $7.2 billion.

First Solar Inc. (NASDAQ: FSLR) announced Monday that it has agreed to sell a 21 megawatt solar energy project it's building in Blythe, California to NRG Energy Inc. (NYSE: NRG) for an undisclosed sum.

PC maker Hewlett-Packard (NYSE: HPQ) is scheduled to release its quarterly results after the closing bell on Monday. Analysts currently expect the company to report net earnings of $1.13 per share on revenue of $30.36 billion.

Disclosure: Author does not own any of the stocks discussed here.

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