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Stocks to Watch: GE, BHI, SLB & More
20 Jul 2012 EDT - CNBC.com
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Take a look at some of Friday's morning movers:

General Electric - The Dow Jones Industrial Average component earned $0.38 per share for the second quarter, one cent above estimates. The company's widely watched GE Capital unit earned $2.1 billion during the quarter, up 31 percent from a year earlier.

Baker Hughes - The oilfield services company earned $1 per share for the second quarter, well above estimates of $0.77, as it saw increased drilling activity in international markets.

Schlumberger - The world's largest oilfield services firm earned $1.05 per share for the second quarter, five cents above estimates, with revenues essentially in line. Like rival Baker Hughes , it saw increased business in non-U.S. markets and a rebound in deepwater drilling activity.

SunTrust Banks - The banking company earned $0.50 per share for the second quarter, six cents above estimates. Higher revenue and a decline in credit loss provisions helped boost the bank's bottom line.

Xerox - Xerox matched Wall Street estimates with profit of $0.26 per share , but the company also cut its full-year estimate because of declining sales and shrinking profit margins.

Microsoft - Microsoft reported fiscal fourth-quarter profit of $0.67 per share , five cents above estimates. That number excludes a previously announced writedown for the value of its online advertising unit.

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