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Take a look at some of Friday's morning movers:
JPMorgan Chase - The bank said it now pegs its trading loss at $4.4 billion, and also said it will restate its first-quarter earnings. For the second quarter, JPMorgan is reporting profit of $1.21 per share, compared to analyst estimates of $0.70.
Forest Laboratories - Investor Carl Icahn and company officials continue to trade barbs. Icahn said the drugmaker is rejecting his ideas out of hand, and the company said Icahn’s nominees for the board of directors are unqualified. Icahn is the second largest Forest Labs shareholder with a 9.9 percent stake.
Martin Marietta Materials - Moody's Investors Service downgrades the company to the junk level of Ba1 from Baa3, affecting about $1.1 billion in debt. Moody’s cited liquidity risks and the construction materials supplier’s willingness to take on greater financial and strategic risk than previously assumed, among other factors.
Activision Blizzard, Electronic Arts - NPD Group reports U.S. videogame industry sales down 29 percent in June compared to a year ago.
Google - CEO Larry Page is back in the office and working, as he recovers from an undisclosed ailment that left him without his voice. That’s according to Google chairman Eric Schmidt, who made those comments in an interview with CNBC’s Kayla Tausche.
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EA News & Analysis
Dow Ends at All-Time High Above 15000; S&P 500 Enters Bull Market Territory - 07 May 2013 EDT - CNBC.COM
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