Stocks to Watch: DELL, SHF, PENN & More

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

Dell - Dell reported quarterly profit of $0.39 per share, excluding certain items, one cent below estimates. The computer maker said challenging macroeconomic conditions remain for the current quarter, with corporate customers continuing to defer technology spending.

Schiff Nutrition - Schiff is the object of a bidding war between two European companies. Britain's Reckitt Benckiser is offering to buy Schiff for $1.4 billion dollars, or $42 per share. The vitamin maker had previously agreed to be bought by Germany's Bayer for $34 per share.

Penn National Gaming - Penn will split into two separate publicly traded companies, a gaming-based real estate investment trust, and a gaming operator.

JetBlue - The airline's shares were downgraded to "sell" from "neutral" by Goldman Sachs, which says a recent rally in the stock has skewed risk to the downside.

Gap - The clothing retailer has raised its full year outlook to $2.20 to $2.25 per share from its prior $1.95 to $2. Investors are also encouraged by a jump in profit margins, as well as an increase in North American same-store sales. It did fall one cent short of estimates, however, in reporting third-quarter profit of $0.61 per share, excluding certain items.

Foot Locker - The athletic apparel and shoe retailer reported third-quarter profit of $0.63 per share, excluding certain items, nine cents above estimates. Revenue was also above consensus, and comparable store-sales rose a better than expected 10.2 percent.

Aruba Networks - The company reported fiscal first-quarter profit of $0.18 per share, excluding certain items, one cent above estimates. Revenue was also above consensus, as was the network equipment maker's current quarter forecast.

Sears Holdings - Sears posted a loss of $1.99 per share for its latest quarter, a smaller loss than analysts had expected. Same-store sales fell 1.6 percent at Sears and 4.8 percent at the company's Kmart division. The retailer is, however, seeing improved results for areas like appliances and apparel.

Sina - Sina reported a third-quarter profit of $0.17 per share, excluding certain items, six cents above estimates, though revenue was short of consensus. The China-based Internet service provider did give a current quarter revenue outlook that falls short of estimates, as non-advertising revenue drops.

Nike has announced a two-for-one stock split, and is also increasing its quarterly dividend by 17 percent to split-adjusted $0.21 per share. The athletic shoe and apparel maker has now increased its dividend for 11 consecutive years.

Hertz Global - The car rental giant has received Federal Trade Commission Clearance for its acquisition of Dollar Thrifty. As part of the agreement, Hertz will divest certain airport locations as well its Advantage car rental business.

Knight Capital Group - Knight has a new investor, with Getco Strategic Investments reporting a 23.8 percent stake, saying it will evaluate its investment in the brokerage firm on an ongoing basis.

Starbucks - Starbucks has authorized the repurchase of up to 25 million shares of the coffee retailer's common stock. That amount is in addition to 12.1 million shares that remain available for repurchase under a prior authorization.

Google - The company is prepping a new version of its popular Google Maps for Apple devices, according to The Wall Street Journal. That follows Apple's iOS 6 update, which replaced Google Maps as the default mapping app with its own widely-criticized version. Google will only say that it wants users to be able to use the application on whatever device they would like.

FedEx, United Parcel Service - The two delivery services are the targets of a criminal probe relating to online drug shipments. Federal investigators have been increasing their efforts against online pharmacies to stop prescription drug abuse.

JPMorgan Chase - The bank is expected to face U.S. action on its anti-money-laundering practices, according to The Wall Street Journal. Regulators are expected to require JPMorgan to improve its procedures and examine past transactions.

Hibbett Sporting Goods - The sporting goods retailer reported third quarter profit of $0.71 per share, three cents above estimates, on the strength of a 6.4 percent increase in same-store sales.

Amazon.com - Amazon has been added to the "Conviction Buy" list at Evercore Partners, saying the company's Amazon Web Services operation will add more to shareholder value than current revenues would indicate.

—By CNBC's Peter Schacknow

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