Stocks to Watch: Molycorp, Discover, AutoZone and More...
Stocks rose at the open Friday, following positive retail sales news and as a ban on short selling in several European markets for the next 15 days appeared to calm fears over the euro zone debt crisis.
The Dow Jones Industrial Average jumped at the open after soaring sharply in the previous session, logging its fourth straight closing change of over 400 points for the first time.
Here are six stocks that are on the move:
The rare earth oxide (REO) producer raised its full year production forecast and posted a second quarter profit that beat estimates.
Discover Financial Services
The consumer finance firm was added to RBC Capital Market's top picks list.
The consumer products company says its board of directors has approved a 300 million dollar stock buyback program.
The business software and hardware corporation was hit with a downgrade to sector perform from outperform at RBC Capital Markets.
The department store was in the red after posting second quarter results below analyst estimates.
The auto parts retailer was upgraded to outperform from perform at Oppenheimer.
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