Take a look at some of Friday's morning movers:
Chesapeake Energy - CNBC’s Kate Kelly reports that BlackRock has substantially increased its stake in the energy producer over the past 10 days. The stake has increased to at least 4 million to 5 million shares from the prior 1 million shares.
VeriFone Systems - Verifone registered a three cent beat with its fiscal second-quarter profit of $0.64 per share, excluding certain items. But investors are focusing on the company’s current quarter guidance of $0.68 to $0.70 per share, mostly below analyst estimates of $0.70 a share.
Facebook - Most of the Facebook news centers on lead underwriter Morgan Stanley, which reportedly informed its advisors late Thursday afternoon that no investors will have to pay more than $43 for Facebook shares. Morgan Stanley is planning to adjust prices on “a few thousand” Facebook trades, following the problems that plagued the initial public offering last Friday.
Dish Network - The company has been sued by CNBC and CNBC.com parent and Comcast property NBCUniversal, News Corp.’s Fox Broadcasting, and CBS over its ad-skipping feature AutoHop. Dish has countersued, asking a judge to rule that the feature does not violate the law.Page 1 of 2 | Next Page