Take a look at some of Thursday's morning movers:
Avon Products - Privately held Coty has increased its bid for Avon to $24.75 per share from its original $22.25, subject to due diligence. Coty is asking for a response by May 14.
Kohl's - The retailer earned $0.63 per share for the first quarter, two cents above estimates, but its current quarter earnings per share forecast of $0.96 to $1.02 is short of Street estimates of $1.13. Kohl's says it's pleased with the implementation of its strategic initiatives and that it's well positioned for the back-to-school season.
Newell Rubbermaid - The consumer products maker is increasing its quarterly dividend to $0.10 per share from $0.08, an increase of 25 percent. The dividend is payable on June 15 to shareholders of record on May 31.
Cisco Systems - Cisco's fiscal third-quarter earnings came in at $0.48 per share, one cent above forecasts. Revenue was in line with estimates, but the company’s fourth-quarter earnings and revenue forecast fall short of Street estimates. CEO John Chambers says customers have indicated they'll spend more, but are being cautious because of Europe's debt problems and uncertainty about U.S. government policy.
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