Here’s a look at some of the stocks the Yahoo Finance team will be watching for you today.
It’s official, Ford (F) is getting ready to hand out pink slips. The automaker plans to slash 1,400 salaried jobs. About two-thirds of the planned cuts are in North America and the rest are in Asia.
Disney (DIS) shares are under pressure this morning. Macquarie downgraded the media giant to neutral from from outperform. The firm cites the company’s cable exposure and declining subscribers at its ESPN network.
The battle between Qualcomm (QCOM) and Apple (AAPL) is escalating. The graphics chipmaker is now suing Foxconn and three other iPhone manufacturers for refusing to pay royalties for technology it says it owns.
Investors are winding up shares of Jack in the Box (JACK) this morning. The stock is popping in early trading following better-than-expected quarterly earnings and revenue. The company is also looking at potential alternatives for its Qdoba Mexican restaurant chain.
Colgate-Palmolive (CL) may also be putting out a “for sale” sign. The stock is higher in early trading after the New York Post reported that CEO Ian Cook signaled at a recent meeting with institutional investors that he would be open to selling the company for $100 a share. That’s above Colgate’s closing price yesterday of $71.58 a share.