It's an extremely heavy morning for earnings reports, so we will focus on just those names. Here are some anecdotes surrounding the potential catalysts from the list below.
Zimmer Holdings ( ZMH): Stock is higher after company reaffirms guidance. Hershey Company ( HSY): Stock is higher after company raises guidance. EMC Corp ( EMC): Data storage giant shares nearing 52-week highs following results. McDonald's ( MCD): Shares are lower as profit drops 8% in Q2. United Parcel Service ( UPS): Delivery giant is lower following 49% drop. Ryder System, Inc. ( R): Logistics play is slightly higher in the early going. Occidental Petroleum ( OXY): Energy play up after beating estimates. Kimberly-Clark ( KMB): Stock is higher after company raises guidance. Union Pacific ( UNP): Railroad play is slightly lower after posting results. International Game Technology ( IGT): Shares are flat after Q3 profit falls 21%. JetBlue Airways ( JBLU): Regional airline play edges higher following results. Reynolds American ( RAI): Tobacco play rises slightly following Q2 results. 3M ( MMM): Stock is higher after beating estimates. AT&T ( T): Shares are higher on revenue beat. L-3 Communications ( LLL): Stock edges up on raised guidance. Omnicom Group ( OMC): Shares dip as profit drops. C.R. Bard, Inc. ( BCR): Stock is slightly lower despite 44% profit gain. New York Times ( NYT): Shares are higher on surprise profit. Manpower ( MAN): Shares are flat following results. Xerox ( XRX): Stock edges higher despite 35% profit drop. Nucor ( NUE): Steelmaker is slightly lower following results. Safeway ( SWY): Stock drops hard as company revises guidance lower.