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Stocks to Watch: JPM, WFC, ECL & More

Take a look at some of Friday's morning movers:

JPMorgan Chase - The bank reported third-quarter profit of $1.40 per share, including the so-called debit value adjustment, compared to estimates of $1.24. Revenue was also above consensus.

Wells Fargo - Wells Fargo reported quarterly earnings on Friday that were a penny better than Wall Street had been expecting, but revenue was lighter than forecast.

Ecolab - Ecolab is acquiring privately held Champion Technologies in a $2.2 billion cash and stock deal. Champion specializes in energy products and services.

STMicroelectronics - Shares are rising this morning on reports it may split itself up before the end of the year.

LinkedIn - Evercore is upgrading the business social networking company's shares to "overweight, " citing the rollout of a new sales force enhancement productivity tool called "Sales Navigator." It sees the tool driving long-term revenue growth.

CVS Caremark - The L.A. Times reported that the pharmacy benefits manager is under investigation by the U.S. Department of Health for potential Medicare fraud.

Wal-Mart Stores - Jefferies has upgraded the retailer's stock to "buy" from "hold, " while raising the price target to $88 from $74. Jefferies sees increasing sales momentum, and unit growth acceleration for high-return smaller format stores.

Advanced Micro Devices - The chipmaker is cutting fiscal third-quarter revenue guidance, saying revenue will fall about 10 percent from the prior quarter because of weaker-than-expected demand. AMD is also cutting its gross margin forecast to 31 percent from 44 percent.

RF Micro Devices - RF Micro says Peregrine Semiconductor has withdrawn a lawsuit against it in a patent case. The infringement action was originally filed in February.

Weyerhaeuser - The forest products company has raised its quarterly dividend to $0.17 per share from $0.15. The dividend is payable to shareholders of record as of Nov. 9.

J.B. Hunt Transport - J.B. Hunt reported a third-quarter profit of $0.65 per share, one cent below estimates, but revenue was above consensus. The trucking company's intermodal division reported stronger results and the company's profit margins were higher, as well.

Beazer Homes - A one-for-five reverse stock split will become effective today, following approval by the home builder's shareholders.

Google - Google's share of the search market continues to rise, with a 66.7 percent September market share, according to the latest comScore figures. That's a gain of 0.3 percent from August. Microsoft is second with 15.9 percent, followed by Yahoo with 12.2 percent. (Read More: Google, Apple in a 'Defining Fight': Schmidt.)

Activision Blizzard , Electronic Arts - NPD reported sales of videogame hardware and software fell 24 percent in September from a year earlier, the 10th consecutive month of declining sales.

Amazon.com - Chief Executive Officer Jeff Bezos tells the BBC that the company is selling its Kindle e-reader at cost, with profits coming from sales of online content.

Infosys - Infosys saw profit rise nearly 5 percent for its latest quarter, but that was below expectations for the technology outsourcing company.

Western Digital, Seagate Technology - Citi has lowered the hard disk drive maker's shares two notches to "sell" from "buy."

—By CNBC's Peter Schacknow

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

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  • Patti Domm

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

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