Stocks to Watch: CMCSA, TWX, MA & More
Take a look at some of Wednesday's morning movers:
Comcast - The parent of NBC Universal, which owns CNBC and CNBC.com, posted better-than-expected quarterly profit as revenue rose 6 percent to $15.2 billion.
Time Warner - The media giant reported lower net income on declines in its film, TV entertainment, and publishing units. Revenue fell 4 percent.
MasterCard - The company posted better-than-expected second-quarter earnings, but its revenue came in weaker than expected.
Avon Products - Its second-quarter profit plunged 70 percent on a 9 percent drop in revenue.
Allstate - The home and auto insurer posted better-than-expected quarterly earnings on a lower disaster impact.
Dreamworks Animation - The studio reported weaker-than-expected quarterly earnings on a 63 percent drop in net income. Revenue fell 25 percent.
Wal-Mart Stores - Deutsche Bank upgraded the company to “hold” from “sell.”
Harley-Davidson - The motorcycle maker reported better-than-expected earnings, but revenue came in lighter than expected. Revenue up 14.6 percent.
Garmin - The company reported better-than-expected second-quarter earnings by a wide margin. It also raised its 2012 earnings outlook.
Dollar Thrifty Group - The rental car agency posted better-than-expected second-quarter earnings and boosted its 2012 outlook.
Costco Wholesale - The company reported net sales of $7.25 billion on a 7 percent jump in same-store sales.
Burger King Worldwide - The company reported second-quarter earnings that were in-line with Wall Street estimates. Its same-store sales were up 4.4 percent, but revenue came in lighter than expected.
Laboratory Corp. of America - There is talk that private equity may make a bid for the company.
Owens Corning - The building materials maker posted weaker-than-expected earnings as revenue dropped 4 percent.
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