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Take a look at some of Thursday's morning movers:
Joy Global - The mining equipment maker reported fiscal second-quarter earnings of $2.04 per share, excluding certain items, nine cents above estimates. However, it cut its fiscal-year outlook to $7.15 to $7.45 per share, below estimates of $7.60. It cites a moderating order rate as its customers grow more cautious about expansion.
Ciena - The networking equipment manufacturer earned $0.04 per share for its second quarter, excluding certain items. Analysts had been anticipating a loss of $0.03 per share, but Ciena experienced better-than-anticipated revenue growth.
TiVo - The maker of digital video recording devices reported a quarterly loss of $0.17 per share, slightly wider than estimates. The loss came amid rising litigation and marketing costs, even as subscriber numbers increased. TiVo also is forecasting a second-quarter loss that’s wider than analysts had been anticipating.
Kohl's - The retailer reported a May same-store sales drop of 4.2 percent, larger than the 1 percent decline analysts had been forecasting.
Target - The retailer reported sales at stores open at least a year rose 4.4 percent in May, above estimates of a 3.5 percent increase.
Gap - The parent of Old Navy, Gap, and Banana Republic reported a 2 percent increase in May same-store sales, short of analysts' estimates of a 3.1 percent increase.
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