Stocks to Watch: INTC, GE & More
Bill Ackman's Pershing Square took new positions in P&G , while dissolving positions in Kraft, Family Dollar and Fortune Brands, according to its latest 13F filing.
Kraft Foods - The food manufacturer approved a spinoff of its North American grocery business. The company also announced a regular quarterly dividend of 29 cents a share. (Click here for after-hours quote.)
Francesca's Holdings - Janney Capital initiated coverage of the women's apparel store with a "buy" rating and a price target of $38. (Click here for after-hours quote.)
CVS Caremark , Walgreen - Cantor Fitzgerald initiated coverage of both drugstores with "buy" ratings and price targets of $55 and $43, respectively. Shares of both companies edged higher in extended-hours trading. (Click here for after-hours quotes.)
Vail Resorts - The ski resort chain announced its CFO Jeff Jones will retire at the end of the year. Shares edged higher in extended-hours trading. (Click here for after-hours quote.)
—By CNBC’s JeeYeon Park (Follow JeeYeon on Twitter: @JeeYeonParkCNBC)
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