Stocks to Watch: ZUMZ, ZNGA, NAV & Many More.
Take a look at some of Friday's morning movers:
Zumiez - The seller of specialty sports apparel and equipment is forecasting current-quarter profit below Wall Street forecasts. Zumiez expects third-quarter earnings of $0.42 to $0.45 per share, compared to consensus estimates of $0.56, as same-store sales growth lags company expectations.
Zynga - Zynga has lost two more executives, Brian Birtwistle, vice president of marketing, and Bill Mooney, game network studio vice president. That follows the departure of Chief Creative Officer Mike Verdu earlier this week & Chief Operating Officer John Schappert earlier this month end.
Navistar - The U.S. Environmental Protection Agency will allow Navistar to sell engines that don't comply with federal emission standards by paying a fine of $3,800 per engine. That's double what it had been paying, but less than some had expected.
Amazon.com - The company's latest Kindle Fire e-reader will reportedly have mapping features through a joint venture with Nokia, according to Reuters. That means the Kindle Fire won’t be using Google’s popular mapping service. (Read More: Kindle Fire Is Sold Out: Amazon.)
Ford Motor - The automaker says its Focus model is on track to become 2012’s best-selling car, beating out the perennial No. 1, the Toyota Corolla.
Apple - Apple's widely anticipated new iPhone could face some supply issues, with Reuters reporting that Japan’s Sharp has fallen behind scheduled on production of screens for the phone.
SAIC - SAIC is planning to separate into two publicly traded companies, with one concentrating on government services, the other on national security, engineering, and health. The government contractor’s second-quarter profit was slightly short of analyst forecasts, but it did raise its full-year revenue guidance.
Splunk - The company reported a wider fiscal-second-quarter loss, but the data analysis software provider also reported revenue that beat analysts' estimates and raised its full-year sales guidance.
—By CNBC’s Peter Schacknow
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