Stocks To Watch wednesday

(MarketWatch) -- Among the companies whose shares are expected to see active trade in Wednesday’s session are Cisco Systems Inc., Macy’s Inc. and Polo Ralph Lauren Corp.

Cisco (NASDAQ:CSCO) is expected to report fiscal first-quarter earnings of 40 cents a share, according to analysts surveyed by FactSet Research.

Macy’s (NYSE:M) is forecast to post earnings of 3 cents a share in the third quarter.

Polo (NYSE:RL) is estimated to report a profit of $1.67 a share in the fiscal second quarter.

Computer Sciences Corp. (NYSE:CSC) is expected to report earnings of $1.18 a share in the fiscal second quarter.

After Tuesday’s closing bell, International Game Technology (NYSE:IGT) reported it swung to a fiscal fourth quarter profit but not enough to satisfy Wall Street estimates. More on IGT earnings.

Watch list

Allstate Corp. (NYSE:ALL) announced a $1 billion share buyback program. More on Allstate.

General Growth Properties Inc. (NYSE:GGP) said it emerged from bankruptcy and will launch an initial public offering. Read more on General Growth.

Invesco Ltd. (NYSE:IVZ) said that it was launching a secondary offering of shares owned by a Morgan Stanley (NYSE:MS) affiliate. More on Invesco.

Lions Gate Entertainment Corp. (NYSE:LGF) swung to a second-quarter loss of 22 cents a share on debt charges. More on Lions Gate.

MBIA Inc. (NYSE:MBI) said it narrowed its third-quarter loss as it paid off claims on mortgage-backed securities. More on MBIA’s results.

Prudential Financial Inc. (NYSE:PRU) said it restored its annual dividend to 2007 levels. More on Prudential’s dividend.

Tesla Motors Inc. (NASDAQ:TSLA) said its third-quarter loss widened, but narrowed on a per-share basis since the electric car maker went public, as sales slipped.

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