Stocks to Watch: ZZ, MON, DISH & More

Take a look at some of Thursday’s morning movers:

Sealy - Tempur-Pedic International is buying its rival mattress maker for $2.20 a share, or about $228.6 million in cash. Sealy will continue to be operated separately.

Monsanto - Wells Fargo has upgraded the stock to "outperform" from "market perform," following meetings with company management. The firm says it's more optimistic that Monsanto's challenges are behind it.

Dish Network - The satellite TV operator will launch a national broadband service next week. It’s expected to reveal its plans for a service called dishNET, aimed at customers in rural areas.

Goodyear Tire & Rubber - Goldman Sachs has upgraded Goodyear to "buy" from "neutral," saying it sees near-term tailwinds that will boost operating income, including a surge in tire replacement demand.

Hewlett-Packard - The stock has been downgraded to "underperform" from "hold" at Jefferies. The firm says HP will aggressively attack the smartphone and tablet markets, which it believes to be a risky move.

Cepheid - The company says third-quarter revenue will fall short of estimates, due to part shortages for the diagnostic products company’s “Xpert” cartridges.

Thor Industries - Thor reported fiscal fourth-quarter profit of $0.84 per share, seven cents above estimates, with revenue also exceeding consensus. The recreational vehicle maker saw double-digit sales growth and said it’s benefiting from a streamlining of its operations.

Apple - UBS is reducing its fiscal first-quarter iPhone unit shipment estimates, citing supply constraints. UBS has reduced its estimate to 38 million from the prior 40 million.

Microsoft - The European Commission may declare Microsoft in breach of a 2009 anti-trust ruling. That ruling ordered the software giant to give Windows users a choice of internet browsers, but antitrust chief Joaquin Almunia says the company has not kept its promises.

Yahoo - Goldman Sachs is reinstituting coverage of Yahoo with a "buy" rating, saying the appointment of a new CEO and the removal of uncertainty surrounding Yahoo's Alibaba stake are among factors that will unlock shareholder value.

—By CNBC’s Peter Schacknow

Questions? Comments? Email us at marketinsider@cnbc.com

  • Patti Domm

    Patti Domm is CNBC Executive Editor, News, responsible for news coverage of the markets and economy.

  • A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.

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