Stocks to Watch: RIM, Toll Brothers, Dollar General and More...
Stocks opened lower Monday amid worries over a global economic slowdown after a weaker-than-expected GDP report from Germany, but trimmed some of its pre-market losses following Fitch's affirmation on U.S.'s AAA credit rating and positive a industrial production report.
The Dow Jones Industrial Average tumbled at the open after soaring more than 200 points in the previous session.
Here are six stocks that are on the move:
Dick's Sporting Goods
The sporting goods retailer reported second quarter revenue that came in just below Wall Street predictions.
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DISH Network
The satellite TV provider was downgraded to underperform at Bank of America Merrill Lynch.
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Research In Motion
The mobile telecom company's price target was raised to $28 from $23 by Sterne Agee, who says the Google-Motorola deal adds value to RIM.
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Toll Brothers
The homebuilder was upgraded to hold from sell at Stifel Nicolaus.
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Urban Outfitters
The apparel retailer fell after reporting a decline in second quarter profit.
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Dollar General
Buffett's Berkshire Hathaway initiated a small stake in the discount retailer.
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