GO
Loading...

Early movers: AZO, BBRY, WFC, FB, CCL, AMZN & more

Wednesday, 25 Sep 2013 | 7:41 AM ET

Check out which companies are making headlines before the bell on Wednesday:

AutoZone - The auto parts retailer reported fiscal fourth quarter profit of $10.42 per share, beating estimates by eight cents, with sales also exceeding estimates.

Ross Stores - Ross has been added to the "conviction buy" list at Goldman Sachs, which removed Dollar Tree. Goldman calls Ross a "long-term disruptor" with strong growth prospects, while Dollar Tree drops off the list on a valuation basis.

Carnival - The stock continues a post-earnings report swoon as a handful of firms have downgraded the cruise line operator's stock this morning.

Facebook - Canaccord Genuity began coverage on Facebook with a "buy" rating.The shares are currently trading near an all-time high.

Ctrip.com-The travel site's shares were upgraded to "buy" from "hold" at Deutsche Bank, based on strong travel booking volumes.

Crown Holdings- Crown cut its current quarter earnings guidance below Wall Street estimates. The packaging company cites lower than expected demand in certain markets, and also announced plans to cut 300 jobs in Europe.

Noble Corp - Noble will spin off its older oil drilling rigs into a separate company that may go public next year. Noble is trying to command a higher valuation for its best drilling assets.

Wells Fargo- The bank will have to face a Justice Department suit over alleged mortgage misconduct, after a judge rejected its move to dismiss the suit. The judge did, however, narrow the scope of the case, dismissing any claims filed before June 25, 2009.

Amazon.com-The online retailer is unveiling new versions of its Kindle line, with faster and lighter versions than the prior generation.

Netflix - Netflix is seeking more new Netflix-only versions of "Arrested Development", although chief content officer Ted Sarandos told a conference that details still need to be worked out.

BlackBerry - BlackBerry executives sold stock on the same day the company announced significant job cuts and warned of a sizable loss. Canadian filings show CEO Thorsten Heins and CFO Brian Bidulka sold a little over half of newly vested shares on September 20, although there was no wrongdoing involved. The shares were sold automatically as part of a plan to cover taxes when shares vest.

—By CNBC's Peter Schacknow

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

  Price   Change %Change
AZO
---
ROST
---
DLTR
---
CCL
---
CCL
---
FB
---
CTRP
---
CCK
---
NE
---
WFC
---
AMZN
---
NFLX
---
BB
---

Featured

  • Patti Domm

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

  • A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.

  • Sharon Epperson is CNBC's senior commodities and personal finance correspondent.

  • JeeYeon Park is a writer for CNBC.com. Follow her on Twitter: @JeeYeonParkCNBC

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

  • Senior Producer at CNBC's Breaking News Desk.

Executive Edge