Early Movers: PG, HON, HAL & More
Check out which companies are making headlines before the bell on Friday:
Proctor & Gamble - The consumer goods company posted earnings of $1.22 a share, topping expectations by 11 cents a share and also beat revenue estimates. In addition, the company handed in full-year 2013 earnings guidance that was better than projections.
Honeywell - The conglomerate posted earnings of $1.10 a share, excluding one-time items, on revenue of $9.58 billion, edging past expectations for $1.09 a share on sales of $9.51 billion.
Halliburton - The oilfield services company reported earnings of 67 cents a share, excluding one-time items, on revenue of $7.3 billion, topping expectations for 60 cents a share on sales of $7.06 billion.
Weyerhaeuser - The pulp and paper company posted earnings of 26 cents a share on revenue of $2 billion, beating expectations for 21 cents a share on sales of $1.82 billion.
Kimberly Clark - The paper-based consumer products company reported earnings of $1.37 a share on revenue of $5.3 billion, edging past expectations for $1.35 a share on sales of $5.19 billion. In addition, the company handed in full-year 2013 earnings and revenue guidance that were mostly in line with Wall Street projections.
E*Trade Financial - The financial services company posted a wider-than-expected quarterly loss related to financing its debt and missed revenue estimates. Last week, the company appointed former Barclays banker Paul Idzik as its new chief executive.
Boeing - U.S. safety regulators are nowhere near finishing an investigation into a battery fire on the Boeing Dreamliner, according to an official, which will likely keep the troubled aircraft grounded for a longer-than-expected period.
Amazon.com - ISI Group initiated coverage of the online retailer with a "buy" rating and a price target of $320 a share. And Canaccord Genuity raised its price target on the company to $290 from $230.
Tiffany & Co - HSBC raised its rating on the luxury retailer to "overweight" from "neutral," and boosted its price target to $74 from $69.
Skullcandy - Piper Jaffray downgraded the headset maker's rating to "neutral" from "overweight," and cut its price target to $7 from $15.
National Oilwell Varco - ISI Group downgraded the oil services and equipment company to "buy" from "strong buy."