Stocks to Watch: GE, MCD, GOOG & More
Take a look at some of Friday's morning movers:
General Electric - The conglomerate posted earnings that were in line with estimates, as solid demand in U.S. and Asia for electric turbines and railroad locomotives trumped slowing growth in Europe. But revenue disappointed. (GE is the minority shareholder of NBCUniversal, parent to CNBC and CNBC.com.)
Google- The search-engine giant posted earnings prematurely on Thursday, and the results widely missed analysts' expectations. Shares ended down 8 percent after being halted for nearly 2 1/2 hours in regular trading. At least 11 brokerages slashed their price targets on the tech company.
Schlumberger - The world's largest oilfield services company reported earnings that edged past Street expectations, while revenue was slightly below estimates.
Meanwhile, rival Baker Hughes posted earnings and sales that both missed Wall Street forecasts.
Honeywell - The diversified manufacturer topped earnings estimates, but revenue fell slightly short of expectations.
Marvell - The chipmaker lowered its revenue projection for the third quarter to between $765 million and $785 million, and also announced its Chief Financial Officer Clyde Hosein is resigning to pursue other opportunities. At least seven brokerages lowered their ratings and price targets on the firm.
AMD - The chipmaker posted quarterly results that disappointed analysts on Thursday afternoon. The company also announced it will lay off 15 percent of its staff. At least five brokerages slashed their price targets on the firm.
Capital One - The credit-card provider topped profit and sales expectations. At least three brokerages lifted their price targets on the company.
Harley-Davidson - JPMorgan upgraded the company to "overweight" from "neutral."
Bidu - The Chinese Internet company was initiated with a "buy" rating at UBS with a price target of $155.
Yahoo - The Internet company's South Korean operation will pull out of the country and end its local portal service by the end of the year, according to Yonhap news agency.
Sony - The Japanese tech company said it plans to close a factory in central Japan and expects to cut 2,000 jobs, amid a restructuring effort.
—By CNBC's JeeYeon Park; Follow Her on Twitter @JeeYeonParkCNBC
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