Deutsche Bank bounces back, New tech IPO hits market, Costco's Visa switch pays off

Here are some of the stocks the Yahoo Finance team will be watching for you today:

Deutsche Bank’s (DB) US listed shares bounced back in early trading, after hitting an all time low, as investors sort through a slew of news about the troubled German bank. CEO John Cryan is trying to reassure employees that the bank remains strong despite quote “some few” hedge fund clients pulling out their money. Cryan’s letter also blames quote “speculation” for unfavorable media coverage. Fears about the bank’s capital position were ignited by reports US regulators want Deutsche to pay $14 billion to settle cases related to the sale of toxic mortgage securities before the financial crisis.

Nutanix is making its Wall Street debut under the ticker NTNX. The cloud computing firm raised $238 million in its initial public offering Thursday night, selling roughly 15 million shares at $16 a piece. The higher-than-expected price tag values Nutanix at $2.2 billion dollars.

Costco (COST) shares were higher in early trading. The wholesale club chain delivered better than expected earnings for its fiscal fourth quarter. The company’s switch to Visa (V) from American Express (AXP) translated in to lower fees, which helped offset a decline in food prices.

NXP Semiconductors (NXPI) shares added to Thursday’s nearly 17% gain in early trading following reports that Qualcomm (QCOM) is in talks to buy the Netherlands based chip maker in a deal valued at more than $30 billion. The deal would help Qualcomm expand its reach beyond smartphones to automotive electronics, which has become a hot market for new chip technology.