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Pre-market Movers For Feb 29 (VRSK, LIZ, FSLR, TTEC, PANL, SODA, CEDC, NKTR)

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Gainers:

Verisk Analytics, Inc. (VRSK: Quote) is up 9 percent to $46.00. The company's fourth quarter profit rose nearly 22 percent from the year-ago quarter. Total revenue increased 19.9 percent for the fourth quarter.

Liz Claiborne, Inc. (LIZ: Quote) is up over 2 percent to $10.65. The company swung to a profit in its fourth quarter. Net sales declined 2.6 percent. The company reaffirmed its 2012 adjusted EBITDA guidance of $125 million to $140 million, excluding foreign currency transaction gains or losses.

Decliners:

First Solar, Inc. (FSLR: Quote) is falling 6 percent to $34.20 as the company has slipped to a loss in its fourth quarter. The company also lowered its fiscal 2012 net sales guidance, while reiterating earnings per share forecast.

TeleTech Holdings, Inc. (TTEC: Quote) is down 12 percent to $15.55 as the company's fourth quarter earnings and revenue were below Wall Street view. The company also guided 2012 revenue below consensus.

Universal Display Corp. (PANL: Quote) is down nearly 6 percent to $43.06 as the company forecast full year 2012 revenue below analysts' estimate. However, the company reported a profit for its fourth quarter, with both earnings per share and revenues coming in above consensus estimates.

SodaStream International Ltd. (SODA: Quote) is falling 12 percent to $41.68. The company's fourth quarter profit and revenue improved from the year-ago quarter. The company expects full year 2012 revenue to increase approximately 28 percent and net income to increase by approximately 42 percent.

Central European Distribution Corp. (CEDC: Quote) is down 29 percent to $3.85. The company's fourth quarter loss widened from the previous year period. Comparable earnings per share and net sales were sharply below consensus.

Trading halt:

Trading in shares of Nektar Therapeutics (NKTR: Quote) was halted. The company announced agreement to sell CIMZIA and MIRCERA royalties to Royalty Pharma for $124 Million. The company is slated to report its fourth quarter results today after the market close.

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by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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