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Stocks to Watch: RHT, PAYX, FOSL & More
29 Mar 2012 EDT - CNBC.com
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Paychex

- The payment processor earned 37 cents per share for its fourth quarter, in line with consensus, with revenue above analyst projections. It says its primary metric — checks per client — will be “moderate” for the rest of the year.

Fossil - The watchmaker's stock will replace Medco Health Solutions in the S&P 500 index, upon completion of Medco’s acquisition by Express Scripts.

Millennial Media - The mobile ad company debuts today on the New York Stock Exchange after pricing its IPO at $13 a share, at the top of the expected range of $11 to $13.

Another initial public offering today: print-on-demand website Cafepress priced its IPO at $19 per share, above the expected range of $16 to $18.

Illumina - Roche Holding has increased its bid for the gene sequencing company to $6.7 billion or $51 per share, up 15 percent from its initial $44.50 per share offer.

Mosaic - The fertilizer and feed ingredient maker reported profit of 64 cents a share for its latest quarter, 10 cents shy of estimates. Mosaic suffered the effects of lower potash sales and higher input costs.

Ford Motor - Citi has added the automaker's stock to its "top picks" list, citing stronger U.S. demand, upcoming product launches, and a low valuation.

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