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Best Buy - The electronics retailer is rising as speculation increases about a possible takeover, following the recent resignation of CEO Brian Dunn. The attractiveness of Best Buy as a takeover target is highlighted in an article this morning in the Minneapolis Star-Tribune.
THQ - The videogame maker has raised its fourth-quarter revenue outlook, due to strong sales of its "Saints Row: The Third" game. PNC Financial - PNC reported first-quarter profit of $1.44 per share, one cent above estimates, with revenues also registering a slight beat. Quarterly results were helped by a drop in the bank's provision for credit losses.
Quest Diagnostics - The medical lab operator earned $1.07 per share for the first quarter, excluding certain items, six cents above estimates. Quest is also raising its 2012 outlook, as cost reductions kick in and as demand grows for its gene-based testing services.
Halliburton - The oilfield services company earned 89 cents per share, excluding certain items, four cents above estimates. Halliburton's results were helped by strong North American markets.
Textron - The diversified manufacturer earned 41 cents a share, excluding certain items, for the first quarter, six cents above estimates, as the company saw a strong recovery in its aircraft and helicopter business
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