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Stocks to Watch: CVX, JPM, GM & More

Monday, 30 Jul 2012 | 8:13 AM ET

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

Chevron - The oil giant plans to invest $2 billion to develop its Lianzi oilfield, according to a company official.

JPMorgan Chase - Deutsche Bank downgraded the financial giant to "hold" from "buy."

General Motors - The automaker's outspoken chief marketing officer Joel Ewanick resigned from the company, putting an unexpected end to a two-year tenure.

Apple - A patent trial between Apple and Samsung is set to kick off in the U.S. with billions at stake. The jury selection is scheduled to start Monday.

Boeing - The aircraft maker said the National Transportation Safety Board is investigating a potential problem with an engine on a 787 Dreamliner on the heels of an incident in South Carolina during a preflight test over the weekend.

CIT Group - The small-business lender posted a quarterly loss due to refinancing charges for retiring high-cost debt.

Loews - The insurance company posted a decline in quarterly profit, largely hurt by weak earnings at 50 percent-owned Diamond Offshore Drilling .

Roper Industries - The diversified manufacturer boosted its full-year 2012 earnings forecast and also said it will acquire privately-held laboratory software service provider SunquestInformation Systems for about $1.4 billion.

—By CNBC.com’s JeeYeon Park (Follow JeeYeon on Twitter: @JeeYeonParkCNBC)

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

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  • 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

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