Take a look at some of Thursday's morning movers:
Navistar - The truck and engine maker is implementing workforce reductions designed to save up to $80 million per year, and is also suspending earnings guidance due to uncertain industry conditions. Fiscal third-quarter revenue of $3.3 billion was, however, above analysts' estimates. (Note: Its reported third-quarter earnings per share of $1.22 is not comparable to analysts' estimates for a loss of $1.36 per share.)
Verifone - Verifone reported fiscal third-quarter profit of $0.75 per share, excluding certain items. That was five cents above estimates, but the maker of credit card swipe machines also saw revenue fall short of consensus, as did its current-quarter and full-year revenue guidance. Verifone’s profits have been weakened by costs related to recent acquisitions.
Zillow - The company is planning a secondary stock offering of 3.5 million shares, with the real estate website operator planning to use the proceeds for general corporate purposes. It’s the first secondary offering by Zillow since it went public a year ago.
American International Group - AIG has launched a partial sale of its stake in Hong Kong-based AIA Group. It will sell up to $2 billion in shares and use the proceeds to help fund a buyback of up to $5 billion of its stock from the U.S. Treasury Department.
Supervalu - Supervalu will close about 60 underperforming stores in an effort to trim its expenses. The supermarket operator will record $80 million to $90 million in closure-related charges for fiscal 2013.
Men’s Wearhouse - The clothing chain is raising its earnings forecast, thanks to higher profit margins and stronger same-store sales. It now expects to earn $2.74 to $2.80 per share, up from its prior forecast of $2.70 to $2.78.
First Solar, Other Solar Stocks - The European Union has launched an anti-dumping probe into Chinese solar panels. An industry group said China is exporting the panels at prices below their manufacturing cost.
Amazon.com - The online retailer is expected to introduce a new version of its Kindle Fire e-reader today. Separately, Amazon is getting a sales boost in California, according to an article in today’s LA Times. Californians are trying to get their purchases in before Amazon starts collecting sales taxes on purchases within the state on Sept. 15, the paper reported.
Fidelity National Financial - Fidelity National has agreed to an increased buyout price of $14.50 per share from restaurant operator J. Alexander’s. The original offer for the title insurer proposed a $13 per share price.
Nokia- The stock has been downgraded to “sell” from “hold” by Deutsche Bank. That follows yesterday’s market reaction to the introduction of Nokia’s new Lumia phone, which saw the stock tumble 15 percent.
Ingersoll-Rand - The industrial products maker's shares have been downgraded to "equal-weight" from "overweight" by Morgan Stanley.
American Realty Capital Trust - The commercial real estate company is being acquired by Realty Income in a transaction valued at $2.95 billion. The deal is valued at approximately $12.21 per share, compared to American Realty's Wednesday close of $11.96.
—By CNBC’s Peter Schacknow
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