Market Insider

CONTRIBUTORS

Herb Greenberg
Senior Stocks Commentator
Bob Pisani
On-Air Stocks Editor
Sharon Epperson
Senior Commodities Correspondent and Personal Finance Correspondent
Rick Santelli
On-Air Editor
Lori Spechler
Senior Editor at CNBC, commodity trader in a former life.
Karina Frayter
CNBC Markets Producer

RSS FEED

» Help

Subscribe to this RSS feed
Stay up to date with the Market Insider blog.

What's Shaking: Friday's Early Movers

Published: Friday, 27 Jan 2012 | 8:15 AM ET

Text Size

By: Peter Schacknow
Senior Producer

Take a look at some of Friday morning's early movers:

Market Insider | What's Shaking | Stocks to Watch

Procter & Gamble [PG Loading... () ] – The consumer products giant earned $1.10 per share for its fiscal second quarter, two cents above estimates, with revenues essentially in line. CFO Jon Moeller says currency issues are the key factor pressuring profits.

Ford [F Loading... () ] – Ford earned $0.20 per share for the fourth quarter, five cents below estimates, although revenues were above consensus. Ford also had a one time $12.4 billion gain on a tax valuation adjustment.

Starbucks [SBUX Loading... () ] – The company earned 50 cents per share for its fiscal first quarter, one cent above estimates, with revenues above consensus as well. Starbucks also raised the low end of its full year profit forecast.

Amgen [AMGN Loading... () ] - The world’s biggest biotech company falling a penny short with its fourth quarter profit of $1.21 per share, but giving a fairly solid outlook.

Transocean [RIG Loading... () ] – The stock is getting some positive action after a federal judge ruled that the company won’t have to pay third-party compensatory damages related to the Gulf oil spill, but may still be liable for punitive damages.

Juniper Networks [JNPR Loading... () ] - The maker of networking gear saw a 49 percent drop in fourth quarter profit on weak router demand, and says first quarter earnings outlook will fall short of Wall Street estimates. Juniper says that weakness will continue because of cautious spending by customers like Sprint [S Loading... () ] and AT&T [T Loading... () ].

Seagate Technology [STX Loading... () ] – The hard drive maker has added $1 billion to its stock buyback plan, as well as boosting its quarterly dividend by 39 percent.

Ryland [RYL Loading... () ] – The company reported a modest fourth quarter profit, with the homebuilder’s new orders rising by 24 percent and the stock closing at a 52-week high on Thursday.

Riverbed Technologies [RVBD Loading... () ] – The networking equipment maker did beat estimates with its fourth quarter profits, but gave a first quarter outlook well below consensus.

Freescale Semiconductor [FSL Loading... () ] - The chipmaker beat estimates with its fourth quarter profit, but a shrinkage in gross margins has resulted in a weaker-than-expected first quarter outlook.

Solutia [SOA Loading... () ] - The specialty chemicals company will be acquired by Eastman Chemical [EMN Loading... () ] in a cash and stock deal valued at $27.65/share, a 42 percent premium over Thursday's close. Eastman, meanwhile, saw fourth quarter earnings come in well below estimates, but gave a first quarter outlook that exceeded Street forecasts.