Keep an Eye on These 5 Stocks for December 23, 2014

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Some of the stocks that may grab investor focus today are:

Wall Street expects Walgreen Co. (NYSE: WAG) to report its Q1 earnings at $0.75 per share on revenue of $19.50 billion. Walgreen shares rose 0.01% to $74.28 in the after-hours trading session.

Peerless Systems Corporation (NASDAQ: PRLS) agreed to be acquired by Mobius Acquisition, LLC for $7.00 per share in cash. Peerless Systems shares jumped 27.25% to $6.72 in the after-hours trading session.

Analysts are expecting Cal-Maine Foods, Inc. (NASDAQ: CALM) to have earned $0.85 per share in the second quarter. Cal-Maine Foods shares rose 0.62% to close at $43.90 yesterday.

Steelcase Inc. (NYSE: SCS) reported better-than-expected third-quarter earnings. However, the company's revenue missed analysts' estimates. Steelcase shares dropped 3.46% to $17.30 in the after-hours trading session.

Chesapeake Energy Corporation (NYSE: CHK) announced a $1 billion buyback plan. The company also closed the sale of Southern Marcellus and Utica Shale assets for net proceeds of $4.975 billion. Chesapeake Energy shares surged 4.40% to $19.23 in the after-hours trading session.

Posted-In: Stocks To WatchEarnings News M&A Pre-Market Outlook Markets Trading Ideas

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