Take a look at some of Wednesday’s morning movers:
Monsanto - The company reported quarterly profit of $2.28 per share, excluding certain items, 16 cents above consensus, and also raised its guidance for the fiscal year. Monsanto credits strong U.S. results as well as growth in its Latin American business for the quarter's performance.
Walgreen - Sales at stores open at least a year fell 6.8 percent in March, a wider loss than the 4.8 percent estimate of analysts surveyed by StreetAccount. The drop was led by an 11.1 percent fall in pharmacy sales, as Walgreen exited the Express Scripts pharmacy network.
American International Group - Bernstein has upgraded the insurance company's stock to "outperform" from "market perform," while increasing the price target to $45 from $29. Bernstein sees asset sales and the government's eventual exit as a shareholder.
International Business Machines- Bank of America/Merrill Lynch has downgraded the stock to "neutral" from "buy," saying the company's consistent business model and strong market position are already reflected in a premium valuation.
Yahoo! - The company is expected to announce layoffs affecting 2,000 employees across most departments, with more cuts reportedly to come.Page 1 of 3 | Next Page