Take a look at some of Monday's morning movers:
Campbell Soup - Goldman Sachs has upgraded Campbell to "conviction buy" from "sell," saying its two-year old "sell" thesis has now played out and that the risk-reward ratio is now favorable.
J.M. Smucker - Goldman Sachs has upgraded Smucker to "buy" from "neutral," saying the food producer will benefit from an improved cost profile.
United Continental - CEO Jeff Smisek has purchased 55,600 shares of the airline at just over $18 per share, for a total cost of about $1 million. The purchase brings his total holdings to more than 339,000 shares.
Comverse Technology - Comverse is being acquired by Verint Systems in a stock swap deal. Verint will pay 27.5 million shares, plus up to an additional $25 million in its shares. This will follow Comverse's previously announced distribution of its telecommunications business.
Tesoro - Tesoro is buying BP's Carson, California plant in addition to other assets for $2.5 billion in cash.
FedEx - The delivery company will offer voluntary buyout incentives to certain employees, in an effort to reduce costs and increase efficiencies.
O’Reilly Automotive- The auto parts retailer is adding $500 million to its share buyback program, boosting it to a total of $2.5 billion.
BP – The oil company is selling two gas processing plants in Texas to Eagle Rock Energy Partners for $227.5 million in cash. The plants have a combined capacity of 220 million cubic feet of gas per day.
Barnes & Noble – The bookseller is
Bank of America - The bank has sold its non-U.S. private bank to Julius Baer for $882 million. Separately, vice chairman and former chief financial officer Charles Noski is retiring on Sept. 1.
First Solar – The solar equipment producer could be among the stocks to register a sympathy move this morning after Germany’s SolarWorld cut its outlook for the current fiscal year. In doing so, SolarWorld accused its China-based beers of unfairly undercutting the prices of solar components.
Google – Google’s Motorola Mobility unit is cutting 20 percent of its workforce, about 4,000 jobs, and will shut about one third of its worldwide offices. About a third of the lost jobs are based in the U.S. Separately, Google has been upgraded to “overweight” from “equal weight” at Morgan Stanley.
Taro Pharma – The Israel-based drug company is being bought by India’s Sun Pharmaceutical Industries for $39.50 per share, a 60 percent increase from the prior offer of $24.50. Sun had already owned 66 percent of Taro prior to the buyout, which is worth $571 million.
Bed Bath & Beyond – The retailer’s stock has been upgraded to “buy” from “hold” at Canaccord Genuity, which cites both valuation and the acquisition of CostPlus. The firm has increased its price target for the stock to $75 from $71.
Coca-Cola - Goldman Sachs has removed the stock from its "conviction buy" list on a valuation basis. Goldman says the company's stock price is near a historic premium versus the market, while its share outperformance is moderating.
Yahoo - The stock has been downgraded to "hold" from "buy" at Stifel Nicolaus, which cites the potential for lower margins as well as a reduced valuation for Yahoo's Alibaba stake.
CORRECTION: An earlier version of the story incorrectly stated that Tesoro is selling the Carson plant. Tesoro is buying the plant from BP.
—By CNBC’s Peter Schacknow
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