Go Symbol Lookup
Loading...

Early Movers: LOW, HLF, BKS & More

 Text Size  
Published: Monday, 25 Feb 2013 | 8:16 AM ET
By:

CNBC.com Writer

Check out which companies are making headlines before the bell Monday:

Lowe's - The home improvement company posted earnings and revenue that topped Wall Street expectations, as sales benefited from rebuilding after super storm Sandy. However, the company's outlook disappointed analysts.

Herbalife - The nutrition and skin care company said it is recalling some of its Nutritional Shake Mix because the product may contain "trace amounts" of milk proteins, even though label claims to be dairy free.

(Read More: Is Market Bouncing or Turning Higher?)

Hertz - The car rental company posted a quarterly loss, hurt by to costs related to its acquisition of rival Dollar Thrifty, but adjusted earnings topped expectations. In addition, the company expects to see strong results for 2013 on higher pricing.

Barnes & Noble - The bookstore chain's Chairman Leonard Riggio said he plans to purchase the retail assets of the company, according to a filing.

Apple - Needham lowered its price target price on the iPhone maker to $710 from $750, but maintained its "buy" recommendation.

(Read More: Apple Wobbles as Mobile World's Walls Come Down)

Johnson & Johnson - The drugmaker announced it expects to incur a charge of nearly $100 million in the first quarter, or approximately 4 cents a share, from the currency devaluation in Venezuela. However, the company said it does not expect its full-year earnings guidance to be impacted.

Knight Capital Group - The financial services firm struck a deal to sell its credit-brokerage unit to Stifel Financial, according to a Reuters report. The financial terms of the deal were not immediately announced.

St. Jude Medical - The medical device company raised its quarterly dividend by 9 percent to 25 cents a share from 23 cents a share.

H.J. Heinz - Citigroup cut its rating on the ketchup maker to "neutral" from "buy."

—By CNBC's JeeYeon Park (Follow JeeYeon on Twitter: @JeeYeonParkCNBC)

Questions? Comments? Email us at marketinsider@cnbc.com

 Print
Check out which companies are making headlines before the bell Monday:
  Price   Change %Change
LOW ---
HLF ---
BKS ---
HTZ ---
STJ ---
JNJ ---
AAPL ---
KCG ---
HNZ ---

   
Comments

 

More Comments

 
 

Add Comments

 

Your Comments (Up to 1100 characters):

Remaining characters

Your comments have not been posted yet.

Please review your submission to make sure you are comfortable with your entry.

Your Comments:


                
            
            
        

Featured

  • Patti Domm is CNBC Executive Editor, News, responsible for news coverage of the markets and economy.

  • Greenberg is senior stocks commentator for CNBC appearing throughout business day programming and on CNBC.com.

  • A CNBC reporter since 1990, Pisani reports on Wall Street and the stock market from the floor of the New York Stock Exchange. Follow him on Twitter @BobPisani.

  • Epperson covers the global energy, metals and commodities markets from the NY Mercantile Exchange for CNBC and CNBC.com.

  • Santelli joined CNBC Business News as an on-air editor in 1999, reporting live from the floor of the Chicago Board of Trade.

  • Senior Editor at CNBC, commodity trader in a former life.

  • CNBC Markets Producer

  • Senior Producer at CNBC's Breaking News Desk.

  • Website Producer at CNBC