Market Insider
- Stocks to Watch: RIMM, LULU, DAL & More
- Stocks to Watch: CHK, FB, VRTX & More
- June Could Be Turning Point for Markets, Economy
- Stocks to Watch: JCP, VRTX, CHK, FB & More
- Europe Has Wall Street's Bull on a Short Leash
- Hostage to Headlines
- Traders Worry Over 'Possible Risks' During Long Weekend
- Oil Declines, but Doesn't Help European Consumers
- Facebook Analyst Reports All Over the Map
- More Fallout From the Facebook Fiasco
EDITOR
RSS FEED
What's Shaking: Friday's Early Movers
Text Size 
Senior Producer
Take a look at some of Friday morning's early movers:
 |
Alcoa [AA
Loading...
()
]—The company announced it would cut smelting capacity by 12 percent because of slowing demand and falling prices. It will take a charge of 15 to 16 cents per share for its fourth quarter as a result, pushing it to a loss. Alcoa announces its earnings after the close on Monday.
Best Buy [BBY
Loading...
()
]—The electronics retailer reported same-store sales that declined, but reaffirmed its guidance.
Family Dollar [FDO
Loading...
()
]—Fiscal first quarter earnings did match Wall Street estimates but revenue missed analyst expectations.
Ruby Tuesday [RT
Loading...
()
]—The restaurant operator swung to a fiscal second quarter loss and also lowered its profit outlook for the full year.
RF Micro [RFMD
Loading...
()
]—The chipmaker projects fiscal third quarter numbers below analyst estimates, citing poor customer demand.
Eastman Kodak [EK
Loading...
()
]—The former blue chip may come under more pressure, as S&P follows Moody’s in lowering its debt ratings for the former blue chip.
Transocean [RIG
Loading...
()
]—Chief financial officer Ricardo Rosa steps down after just two years on the job. The company provided no explanation as to why Rosa departed.
Apollo Group [APOL
Loading...
()
]—The for-profit education company chalked up its first growth in new enrollment figures in a year.
Shoe Carnival [SCVL
Loading...
()
]—The shoe retailer cut its fiscal fourth quarter outlook, saying warmer-than-normal weather has cut into sales of boots.
TD Ameritrade [AMTD
Loading...
()
]—Deutsche Bank upgrades the stock to "buy" from "hold," while downgrading Charles Schwab [SCHW
Loading...
()
] and Legg Mason [LM
Loading...
()
] to "hold" from "buy."
Boeing [BA
Loading...
()
]—The Dow component has been added to Citi's "Top Picks Live", with the firm maintaining its "buy" rating on the stock.
Intel [INTC
Loading...
()
]—Sterne Agee downgrades the stock to "neutral" from "buy," citing potential 2012 headwinds in Intel's core PC market.
Goldman Sachs [GS
Loading...
()
]—Downgraded to "market perform" from "outperform" at Wells Fargo, which says global growth challenges are offsetting an attractive valuation.
Questions? Comments? Email us at
- The economy is relatively resilient but there are some decisions that could hurt, says this analyst.
- To escape taxes or political uncertainty, millionaires and billionaires are migrating like never before.
- Some places are kinder than others when it comes to selling homes, as these cities seem to be.
- Here are the 15 publicly traded stocks, by value, that are the biggest holdings of Berkshire Hathaway.
- Some restaurants are taking kid favorites like peanut butter and jelly and turning them into adult fare.
- What we have here are the 10 richest counties in America, according to the average income.
Data is a real-time snapshot *Data is delayed at least 15 minutes
