Fisher Capital Management Strategies: 11 Stocks to Watch: McDonald’s, Ciena

McDonald’s shares were down 1.9% to $79.63 in premarket trading Wednesday due to the smaller-than-expected rise in U.S. comparable store sales.

Ciena(CIEN_) shares were tumbling 11.4% to $21.46 after the provider of communications networking equipment reported a second-quarter loss of 24 cents a share compared with the Wall Street consensus target of a loss of 11 cents a share.

Leonard Green & Partners and fellow private-equity firm CVC Capital Partners are set to make a joint buyout offer next week for BJ’s Wholesale Club(BJ_) that could value the warehouse retailer at about $2.8 billion, The New York Post reported. Shares of BJ’s were rising 3.3% to $49.25.
» Fisher Capital Management Strategies: 11 Stocks to Watch: McDonald’s, Ciena