Take a look at some of Wednesday’s morning movers:
General Mills - The food producer reported fiscal fourth-quarter profit of $0.66 per share, excluding certain items, four cents above estimates. CEO Ken Powell says the firm is experiencing growth both in volume and profit margins.
AutoZone - The auto parts retailer earned $8.46 per share for its fiscal first quarter, six cents above estimates. The company said its same-store sales improvement of 2.1 percent during the quarter was below its expectations, but it sees improvement in future quarters.
Charles Schwab - Goldman Sachs has downgraded the discount broker's stock to "neutral" from "buy," saying the U.S. Federal Reserve's recent easing moves will put further pressure on Schwab's net interest margins.
Monsanto - Monsanto has been added to the "Conviction Buy" list at Goldman Sachs, which says the company has shown proven sustainable growth.
Goldman Sachs - Chief Financial Officer David Viniar announced he will be retiring at the end of January, replaced by Harvey Schwartz, the global co-head of Goldman’s securities division. (Read More:
Microsoft - The company is raising its quarterly dividend by 15 percent to $0.23 per share. The increased dividend is payable Dec. 13 to shareholders of record on Nov. 15.
Sony - Sony is introducing a new smaller version of its PlayStation 3 videogame console in time for this year’s holiday season. It’s about half the size of the original 2006 model, and will go on sale in North America on Sept. 25.
Wal-Mart Stores, Humana - Members of Humana's Healthy Rewards program will receive financial incentives for purchasing about 1,300 food items designated as “healthy.” Customers will get a 5 percent credit on eligible product purchases that can be used for future purchases at Walmart stores.
Hovnanian Enterprises - Hovnanian is offering up to $797 million in new 10-year debt, with the proceeds to be used to buy back the home builder’s already existing notes.
Wynn Resorts - The hotel/casino operator is rejecting the nominations of two potential board members by Japanese billionaire Kazuo Okada’s Aruze USA. The dispute stems from the current legal battle over the forced redemption of Aruze’s 20 percent stake.
Corning - Goldman Sachs has upgraded Corning shares to "buy" from "neutral," due to the company's increasing diversification, as well as a bottoming in the liquid crystal display market.
General Electric - Coverage of the Dow component's stock has been reinstated with a "buy" rating at Bank of America/Merrill Lynch.
—By CNBC’s Peter Schacknow
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