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Stocks to Watch: T, MMM, UTX & More
23 Apr 2012 EDT - CNBC.com
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Take a look at some of Tuesday’s morning movers:

AT&T - AT&T earned $0.60 per share for the first quarter, three cents above estimates, with revenue essentially in line with estimates. The company says it sold 5.5 million smartphones during the quarter, breaking its prior first quarter record.

3M - 3M earned $1.63 ex-items per share for the first quarter, 10 cents above estimates. It's also projecting fiscal 2012 profit above current analyst forecasts. Its bottom line was helped by strong results in its industrial and transportation businesses.

United Technologies - The diversified manufacturer reported first-quarter profit of $1.31 per share, excluding certain items, 11 cents above estimates. Its results were boosted in part by strong demand for heating and cooling systems in the North American market.

Coach - The luxury goods maker reported fiscal third-quarter profit of $0.77 per share, two cents above estimates, with revenues essentially in line. Coach also raised its quarterly dividend by 33 percent.

Hershey - The chocolate maker earned $0.96 per share, excluding certain items, for the first quarter, 15 cents above estimates, with sales also beating forecasts. Successful implementation of price increases helped boost Hershey's profits.

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