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Stocks to Watch: LOW, CPB, FB & More

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

Lowe’s - The home improvement retailer earned $0.44, excluding certain items, two cents above estimates, with sales also beating forecasts. However, the full-year forecast is short of consensus, as Lowe's remains cautious about housing-related demand and about the overall economic environment.

Campbell Soup - Campbell Soup earned $0.56 per share for its fiscal third quarter, four cents above estimates. Campbell CEO Denise Morrison said that although sales trends are improving, the company is not satisfied with its third-quarter performance. She said Campbell executed well in some businesses, but not in others.

Facebook - Nasdaq is planning to revamp its system for stock offerings, according to The Wall Street Journal. CEO Robert Greifeld said during a conference call over the weekend that pre-IPO testing failed to spot the problem that arose from the extremely high order volume during the Facebook offering. Facebook shares traded below its IPO price of $38 in pre-market trading Monday.

Best Buy - BB&T Capital has downgraded the stock to "hold" from "buy," and suspended its $30 a share price target for Best Buy. The firm cites the lack of a definitive leader heading into the holiday shopping season, following the departure of former chief executive Brian Dunn.

Chesapeake Energy - The energy producer is cutting compensation for directors by about 20 percent, and is also eliminating the use of fractionally owned aircraft for personal travel by outside directors.

General Motors - The automaker has announced it will not advertise during next season’s Super Bowl game, saying it can’t justify the increased price of ads.

DaVita - DaVita is buying privately held HealthCare Partners for about $4.4 billion in cash and stock. DaVita is the biggest U.S. operator of dialysis clinics, while HealthCare Partners is the largest operator of medical groups and physician networks.

Yahoo - The company has sold half of its 40 percent stake in Alibaba Group back to the company. Yahoo will get $6.3 billion in cash and up to $800 million in new Alibaba preferred stock. Yahoo bought the 40 percent stake in 2005 for about $1 billion.

Northrop Grumman - The defense contractor has won a $1.7 billion dollar NATO order for five Global Hawk drones and transportable ground stations. The deal was announced during the weekend NATO summit in Chicago.

Walt Disney - Walt Disney's “The Avengers” continues to dominate the movie box office, with the film taking in $55.1 million in North American ticket sales to hold the No. 1 spot for the third straight weekend. Universal Pictures’ “Battleship” was number two at $25.4 million. (NBCUniversal is the parent of CNBC and CNBC.com.)

J.C. Penney - Barron's is calling the shares a bargain, after last week’s battering. J.C. Penney fell almost 20 percent last Wednesday after the retailer reported a first-quarter sales decline of 18.9 percent.

Google - Google has cleared the final regulatory hurdle for its planned $12.5 billion acquisition of Motorola Mobility, with Chinese authorities approving the deal. The companies expect the deal to be finalized within two business days.

—By CNBC’s Peter Schacknow

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

  • 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.

  • CNBC's Senior 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.