Friday, March 29, 2024
Homemarket insiderEarly movers: AAPL, UTX, SNE, MC, WYNN, BA, PFE, OZM, PSX, DKS...

Early movers: AAPL, UTX, SNE, MC, WYNN, BA, PFE, OZM, PSX, DKS & more

Check out which companies are making headlines before the bell:

Apple — Apple remains a stock to watch today, after leading the Dow Jones industrial average the past two days and hitting a nine-month high amid upbeat sales for its iPhone 7 and iPhone 7 Plus. Additionally, the company said the initial run of the iPhone 7 Plus has sold out globally.

United Technologies — Chief Executive Officer Gregory Hayes has added the chairman's title, effective immediately. Edward Kangas, who had been non-executive chairman, will now serve as independent lead director.

Sony — Sony has no plans to market a smartphone-based headset, according to the head of its gaming division, who told Reuters the company is focusing on expanding content for its dedicated virtual reality headset into non-gaming areas.

McDonald's — McDonald's has received at least three final bids for its China and Hong Kong outlets, according to Reuters, with offers worth up to $3 billion.

Wynn Resorts — Wynn is poised to add to its 20 percent September gain in today's trading, on continuing indications of a recovery in the Macau gambling market.

Boeing — Boeing is cutting down on paid overtime for its 80,000 salaried workers based in the United States. The jet maker is trying to cut costs to deal with increasing competition.

Pfizer — Two federal advisory panels recommended removing the so-called "Black Box" warnings from Pfizer's smoking cessation pill Chantix. Currently, users are warned of side effects such as suicidal thoughts.

Och-Ziff Capital Management — The asset manager saw a judge throw out the certification of a class action suit against the company, only hours after the initial action. The move comes after the judge was advised that the company had not had a chance to object to the ruling. Och-Ziff had been accused of misleading shareholders about probes into its African investments.

Mobileye — Mobileye chairman Amnon Shashua told Reuters in an interview that the automotive technology company broke ties with Tesla because the automaker was "pushing the envelope in terms of safety" in developing its autopilot system.

Phillips 66 — Berkshire Hathaway added more than one million shares to its stake in the energy company, according to a Securities and Exchange Commission filing, increasing its stake in the company to 15.4 percent.

Dick's Sporting Goods — Oppenheimer upgraded the sporting goods retailer to "outperform" from "perform," saying Dick's can capitalize on "freed-up market share" following the bankruptcy of Sports Authority, Sports Chalet, and Golfsmith.

Symantec — The maker of cyber security software was rated "buy" in new coverage at Guggenheim, which points to the company's acquisition of Blue Coat Systems as a deal which could reignite growth for years to come.

Global Payments — Goldman Sachs upgraded the payment technology services company to "buy" from "neutral" on a variety of factors that point to strong revenue growth.

AMC Networks — Stifel Nicolaus downgraded the cable network operator to "hold" from "buy," noting a "material weakness" in ratings and that it expects that trend to continue.

Harley-Davidson — UBS cut its fiscal 2016 and 2017 earnings estimates for the motorcycle maker, saying its analysis of inventory levels suggests there is downside risk to the company's forward guidance.

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

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