Stocks to Watch: NKE, MMM, SAVE & More
Take a look at some of Friday's midday movers:
Nike moved lower after Canaccord became latest firm to worry about order growth slowing down into next year at the sports apparel retailer.
3M gained ground after Bank of America Merrill Lynch said the company’s shares are poised for a breakout.
Spirit Airlines fell after the company forecast a fall in unit revenue for the third quarter.
Zynga jumped on news the social gaming giant is moving closer to making a viable gambling network. Other social networking stocks, including Facebook, Groupon, LinkedIn and Yelp were also higher.
Lexmark gained ground after Bernstein Research lifted its price target on the stock to $26 a share on an expected “dramatic spike in earnings."
New York Times moved higher after the company said it would offer pension plan participants a one-time buyout.
Office Depot and Office Max gained ground on chatter about a possible leveraged buyout of rival Staples .
Dr. Pepper Snapple fizzled amid a sales and volume slump over the past month.
Nokia rose after the company issued an apology regarding a video used in marketing materials for the soon-to-be launched Lumia 920 windows based smartphone.
Interoil rallied following overseas reports that at least two companies have made bids for an operating stake in its Papua, New Guinea LNG project.
UnitedHealth moved higher on news it was replacing Kraft in the Dow Jones Industrial Average.
Eastman Kodak moved lower following news the bankrupt company may abandon its patent auction and delayed a court hearing to approve such a sale.
Western Digital was lower after it cut its first-quarter sales outlook. The hard drive maker also declared a dividend of 25 cents a share.
Honeywell edged higher after it said its weaker-than-expected order rates in Europe and China have been offset by better-than-forecast orders in the U.S. this quarter.
—By CNBC's Rich Fisherman.
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