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Pre-market Movers For April 3 (AAPL, BNNY, CAVM, NFLX)


Apple Inc. (AAPL) is gaining over 1 percent to $625.30. The European Commission has opened two formal antitrust investigations against Motorola Mobility Holdings, Inc. (MMI), following complaints by Apple and Microsoft (MSFT). The Commission will assess whether Motorola Mobility has abusively, and in contravention of commitments it gave to standard setting organisations, used certain of its standard essential patents to distort competition in the Internal Market in breach of EU antitrust rules.

Annies Inc. (BNNY), which went public last week, is rising 8 percent to $37.49.


Cavium, Inc. (CAVM) is falling over 1 percent to $30.11. The company announced that financial results for its first quarter of 2012 will be below its previous outlook. In addition, the company currently expects first quarter revenue to be approximately 6 percent to 7 percent lower sequentially.

Netflix, Inc. (NFLX) is falling 3 percent to $110.64.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Starbucks is rolling out its delivery service - good news for any caffeine addicts who can't make it out to the coffee chain. Unfortunately, there's still a wait in store for most people: the new service only covers Manhattan's most recognizable skyscraper. According to multiple media reports, Starbucks' pilot program is launching at the Empire State Building in New York City. Tech giant Apple Inc. Tuesday said the 21.5 inch iMac all-in-one desktop computers will be available with new Retina 4K display, while every 27 inch iMac will have Retina 5k display for true to life pictures and videos. The new iMacs will be supported by processors and graphics, two Thunderbolt 2 ports and new storage options. Popular sports news websites Deadspin and SBNation had their Twitter feeds suspended on Monday for alleged copyright violations. According to various media reports, Twitter halted @Deadspin and @SBNationGIF after the social media giant received complaints from various sources, including the NFL, the UFC and a couple of college football conferences.
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