GO
Loading...

Stocks to Watch: FB, MAR, UPS, COST & More

Take a look at some of Thursday morning's early movers:

Facebook - The social network has reached the 1 billion user mark and is launching a new ad campaign in conjunction with that milestone.

Marriott - The hotel operator reported third quarter profit of $0.44 per share, 4 cents above estimates, with revenue also beating consensus. However, Marriott’s current quarter guidance of $0.52 — $0.56 per share falls short of the $0.57 consensus estimate.

UPS - RBC Capital has cut its rating on the delivery service's shares to "sector perform" from "outperform," saying slower economic growth will keep a lid on earnings and that domestic margins are unlikely to expand further.

Costco - The retailer reported a September same-store sales increase of 6 percent, slightly above analyst estimates.

Applied Materials - The company is planning to cut 900 to 1,300 jobs, representing about 6 percent to 9 percent of its global workforce, by the end of fiscal 2013’s third quarter. The biggest maker of chipmaking equipment says the restructuring will free up to $190 million annually.

3M - 3M has terminated its agreement to buy Avery Dennison’s consumer product unit. 3M did not provide a reason, but the Justice Department had threatened to sue to stop the deal on anti-trust grounds.

Unilever - The consumer products giant is considering various options for its Skippy peanut butter brand, including a possible sale.

eBay - Nomura Securities has upgraded the online auction site's shares to "buy" from "neutral," citing increased margins at its PayPal unit.

NuVasive - The medical device maker cut third quarter revenue guidance. It cites aggressive competition, especially from physician-owned distributorships.

Hewlett-Packard - HP shares will bear watching once again today, following Wednesday’s 13 percent drop. That followed CEO Meg Whitman’s statement that HP’s turnaround effort will take longer than expected. Whitman is appearing on CNBC’s "Squawk On the Street" at 9 a.m. EDT.

Sprint Nextel - Baird has downgraded Sprint shares to "underperform" from "neutral."

Limited - The retailer saw same-store sales rise 5 percent in September, slightly above estimates of 4.7 percent.


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

Symbol
Price
 
Change
%Change
FB
---
MAR
---
UPS
---
COST
---
AMAT
---
MMM
---
AVY
---
UNA
---
EBAY
---
NUVA
---
HPQ
---
S
---
LB
---

Featured

  • 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.

  • CNBC Senior Commodities Correspondent and Personal Finance Correspondent

  • JeeYeon Park is a writer for CNBC.com. Follow her on Twitter: @JeeYeonParkCNBC

  • Rick Santelli joined CNBC Business News as an on-air editor in 1999, reporting live from the floor of the Chicago Board of Trade.

  • Senior Producer at CNBC's Breaking News Desk.