Breaking News
FONT-SIZE Plus   Neg
Share SHARE

Pre-market Movers For Feb 22 (GRMN, PWR, JNJ, TOL, DLTR, DELL, MGM, VVUS)

Gainers:

Garmin Ltd. (GRMN: Quote) is gaining 12 percent to $49.82 as its fourth quarter pro forma earnings per share and net sales were sharply above Wall Street view. In addition, the company guided 2012 results above consensus.

Quanta Services, Inc. (PWR: Quote) is rising 1 percent to $22.00. The company's fourth quarter profit jumped from the year-ago quarter. The company guided first quarter results above analysts' estimates.

Johnson & Johnson (JNJ: Quote) is up 0.22 percent to $65.18. The company announced that its Chief Executive Officer William Weldon will step down from his post in April. He will be succeeded by vice chairman Alex Gorsky as chief executive officer, while Weldon remains the chairman of the board.

Decliners:

Toll Brothers, Inc. (TOL: Quote) is falling 3 percent to $22.97. The company slipped to a loss in its first quarter. Revenues also declined from the year-ago quarter.

Dollar Tree, Inc. (DLTR: Quote) is down over 2 percent to $85.93. The company's fourth quarter profit increased from the previous year and consolidated net sales rose nearly 13 percent. Meanwhile, the company expects first quarter results below consensus.

Dell Inc. (DELL: Quote) is down over 6 percent to $17.00. The company's fourth quarter profit declined 18 percent and its earnings per share, excluding items, were below analysts' estimate. Additionally, the company expects a 7 percent sequential decline in its first quarter revenues.

MGM Resorts International (MGM: Quote) is falling 3 percent to $13.75 despite the company reporting fourth quarter loss that narrowed from the previous year period and a year-over-year increase in its consolidated net revenue.

Trading halt:

Trading in shares of VIVUS, Inc. (VVUS: Quote) was halted, pending news.

Register
To receive FREE breaking news email alerts for Dell Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
This apparel maker has doubled its earnings per share in just two years and increased its annual earnings forecast from time to time, despite a challenging consumer spending environment. Contributions from acquisitions, efficiency gains from self-owned global supply chain and benefits from 'Innovate-to-Elevate' strategy continue to boost the company's results. Here is a quick summary of the earnings reported after the bell on Nov 20. We have 20+ stocks listed here. The good news is you can skip this step. There is a next move that can make your life a lot easier. Our research team has already done the groundwork for you. All these stocks listed... Design software maker Autodesk, Inc. said Thursday after the markets closed that its third quarter profit fell 81% from last year, as higher costs and expenses more than offset an 11% increase in revenue. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.