GO
Loading...

What's Shaking: Monday's Early Movers

Monday, 6 Feb 2012 | 8:39 AM ET

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

Hasbro – The toymaker earned $1.06 per share for its fourth quarter, one cent above estimates, and also raised its quarterly dividend 20% to 36 cents per share.

Humana – The health insurer matched estimates by earning $1.20 per share for the fourth quarter, and also raised its 2012 EPS forecast range by 10 cents to $7.50 - $7.70 per share. However, that range is below analyst estimates of $7.99.

Micron Technology - Micron President and Chief Operating Officer Mark Durcan has been named to succeed CEO Steve Appleton, who passed away in a small plane crash.

Aeropstale – The teen retailer’s chairman and former CEO Julian Geiger has resigned. He’ll be replaced by board member Karin Hirtler-Garvey.

Eli Lilly - The drug maker will freeze base pay for most employees this year, as it deals with financial pressures caused by patent expirations on best-selling drugs like Zyprexa.

Boeing – The company has identified a problem related to the fuselage in its 787 Dreamliner aircraft, but does say that repairs will not affect production.

General Motors , Ford – The stocks could move following upbeat comments by auto dealers at a meeting of the National Automobile Dealers Association in Las Vegas over the weekend. The group’s chief economist says sales should hit 13.9 million vehicles this year, while the average purchase price should set a record.

Fedex - Bank of America/Merrill Lynch has upgraded its rating on the stock to "buy" from "neutral".

Sohu.com - The Chinese internet portal beat estimates by earning $1.36 per share, excluding certain items, for the fourth quarter, 12 cents above estimates. However, its first quarter EPS forecast of 50 to 55 cents per share is well below analyst forecasts of $1.13 per share.

Motorola Mobility - Investor Carl Icahn has cut his stake in the company to 8.68 percent from 10.08 percent, according to an SEC filing.

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

  Price   Change %Change
ARO
---
F
---
FDX
---
GM
---
HAS
---
HUM
---
LLY
---
MU
---
SOHU
---
BA
---

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