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Early movers: Costco, Lowe's, Domino's & more

Traders work on the floor of the New York Stock Exchange (NYSE).
Getty Images
Traders work on the floor of the New York Stock Exchange (NYSE).

Take a look at some of Tuesday's early movers:

JPMorgan Chase—The bank earned $1.36 per share for the third quarter, excluding certain items, missing estimates by two cents. However, revenue did exceed estimates, helped by an increase in fixed income, currency, and commodity trading.

Johnson & Johnson—J&J beat estimates by five cents with quarterly profit of $1.50 per share, with revenue also beating estimates. Sales were helped by strong results for the company's newhepatitis C drug. The pharmaceutical company also raised its earnings forecast for the year.

Citigroup—Citi beat estimates by three cents with profit of $1.15 per share for the third quarter, excluding certain items. Revenue also beat estimates, and the bank announced it would exit consumer banking in eleven markets.

Wells Fargo—The bank matched estimates with third-quarter profit of $1.02 per share, with revenue slightly above consensus.

Lowe's, Home Depot—SunTrust downgraded the stocks of both home improvement retailers to "neutral" from "buy," noting a near-term risk of correction based on tepid earnings of renovation-based suppliers. SunTrust did note that Home Depot's recent credit card data breach was not part of this downgrade.

Domino's Pizza—Domino's beat estimates by two cents with quarterly profit of 63 cents per share, with revenue also above estimates. The pizza chain posted strong results both overseas and in the U.S., with same-store sales rising more than expected.

Wolverine Worldwide—The shoe retailer earned 63 cents per share for the third quarter, excluding certain items, four cents above estimates. But revenue was shy of consensus, and the maker of Hush Puppies and other shoe brands lowered its revenue outlook for the year.

Costco—Williams Capital downgraded Costco to "hold" from "buy," with the warehouse retailer's stock now close to the firm's price target. Separately, Costco plans to enter the China e-commerce market by opening an online store on the Alibaba site.

Ford, General Motors—Goldman Sachs removed GM from its "conviction buy" list, although the financial institution said it still sees sufficient value to maintain a "buy" rating. The investment bank also downgraded Ford to "neutral" from "buy," saying the automobile maker's current valuation is reasonable but there is a risk that the shares are "dead money" in the near term.

Tyco—Barclays downgraded Tyco to "equal weight" from "overweight," noting that money in the protection and security sector is likely better invested in Eaton than in Tyco.

Delta Air Lines, Southwest, American Airlines Group, United Continental—Airline stocks remain on our watch list, getting hit hard recently on Ebola-related fears, even in the face of rapidly falling oil prices.

Newmont Mining, Goldcorp—These and other gold stocks are on watch today, with the price of gold rising in the wake of the stock market's sell-off in recent days.

Google—The Internet search giant is expanding its Express delivery service and will begin charging a membership fee, according to the Wall Street Journal, as it seeks to challenge Amazon.com.

Sysco—Sysco will get a decision by October 31 on its proposed acquisition of U.S. Foods, according to the New York Post. The paper said FTC officials want to block the deal if certain conditions are not met.

Hilton Worldwide—Hilton's sale of New York's Waldorf Astoria is getting a closer look from the U.S. government. Officials say they are reviewing details of the nearly $2 billion purchase by China insurance company Anbang, because of possible security concerns.

AMD—The semiconductor firm's shares have been under pressure in recent sessions ahead of its earnings report on Thursday. Last week, the shares slid after the chip maker replaced CEO Rory Read.