Take a look at some of Thursday's morning movers:
Big Lots - The retailer reported second-quarter profit of $0.36 per share, five cents below estimates. It also cut its full-year guidance because of higher costs.
Hormel - The maker of Spam and Dinty Moore products earned $0.41 for its fiscal third quarter, matching Wall Street estimates. The company's revenue continues to grow as more people eat at home, but its profits are being impacted by rising commodity prices.
Hewlett-Packard - HP earned $1 per share for its third quarter, two cents above estimates. But revenue was on the light side and its full-year earnings per share (EPS) forecast of $4.05 to $4.07 per share is partially below or at best equal to consensus forecasts of $4.07 a share. CEO Meg Whitman said the company is still in the early stages of a multiyear turnaround.
Rambus - The chipmaker is cutting about 15 percent of its workforce as part of a restructuring that will save up to $35 million annually. The cuts will begin in the next few weeks and will be completed during the fourth quarter.
Guess - The company has lowered its full-year guidance for the second time in three months, with the apparel maker cutting full year forecasts to $2.15 to $2.30 per share. That’s below consensus estimates of $2.53. Guess cites continued weakness in Europe and falling sales in North America.
Krispy Kreme Doughnuts - The doughnut chain reported a second-quarter profit of $0.12 per share, excluding certain items, well above consensus estimates of $0.05. It also raised its yearly earnings forecast by one cent, now expecting to earn $0.22 to $0.25 per share. Krispy Kreme is being helped by a rise in domestic same store sales.
Facebook - The Federal Trade Commission closed its investigation of the company’s deal to buy Instagram without taking any action, meaning the deal can proceed as planned.
Nasdaq OMX - Nasdaq is under
Diageo - The company has raised its full-year dividend by 8 percent, with the world’s biggest spirits maker expressing confidence about growth in its African and Asian markets.
Blackstone Group - Blackstone and market-maker Getco have sold some of their holdings in Knight Capital Group to Scottrade, according to Reuters. The two were among those involved in the recent rescue of Knight Capital after its recent $440 million software glitch-related trading loss.
Micron Technology, SanDisk and other memory chipmakers could be affected by reports that prices for DRAM chips are falling at a faster rate. Japan’s Nikkei business daily says prices have dropped 9 percent from their late June highs.
Regis - The parent of the SuperCuts chain earned $0.40 per share for the fiscal fourth quarter, nine cents above estimates. But revenue fell short, as fewer customers visited its salons.
—By CNBC’s Peter Schacknow
Questions? Comments? Email us at firstname.lastname@example.org