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Pre-market Movers For Apr 4-MON, DDIC, MAGS, ZNGA, SNDK, WAG, RYAAY, TSLA, RIMM

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Gainers:

Monsanto Co. (MON: Quote) is rising more than 1 percent to $83.10. The company's second quarter profit and net sales increased from the previous year. In addition, the company raised its full-year ongoing EPS and free cash flow guidance.

DDi Corp. (DDIC: Quote) is gaining 6 percent to $12.98. Viasystems Group Inc. (VIAS) announced that it would acquire the company for $13.00 per share in cash.

Magal Security Systems Ltd. (MAGS: Quote) is rising over 23 percent to $5.63. The company swung to a profit in its fourth quarter. Revenues jumped 122.9 percent year-over-year.

Zynga, Inc. (ZNGA: Quote) is rising over 2 percent to $12.60. The company announced the completion of public offering of an aggregate of 49.41 million shares of its Class A common stock.

Decliners:

SanDisk Corp. (SNDK: Quote) is falling 7 percent to $46.38. The company lowered its revenue guidance for the first quarter of 2012, citing weaker than expected pricing and demand.

Walgreen Co. (WAG: Quote) is declining 1 percent to $33.43. he company said comparable store sales and total sales declined 6.8 percent and 4.3 percent, respectively.. The company added that it anticipates that much of its Easter sales will be reflected in April results.

Ryanair Holdings (RYAAY: Quote) is falling 3 percent to $35.75. The company's load factor decreased 1 percent, reflecting a 4 percent drop in traffic.

Tesla Motors Inc. (TSLA: Quote) is falling more than 6 percent to $35.47.

Research In Motion Limited (RIMM: Quote) is falling more than 2 percent to $12.72.

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by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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Editors Pick
The U.K. economy grew more than estimated in the second quarter and the current account deficit widened from the first quarter, the Office for National Statistics said Tuesday. Gross domestic product grew 0.9 percent sequentially, up from the prior estimate of 0.8 percent. The annual growth was confirmed at 3.2 percent. Eurozone inflation slowed in September, as expected, to the lowest since late 2009 and the unemployment rate remained stable at a double digit level in August putting pressure on the European Central Bank to launch a full-blown easing. Inflation came in at 0.3 percent, slower than August's 0.4 percent. This was the lowest since October 2009, when prices fell 0.1 percent. Chinese authorities on Tuesday eased some rules for mortgages for buying a second home, in a bid to boost the housing market. The People's Bank of China and the China Banking Regulatory Commission said in a joint statement that buyers who already own one apartment, but have paid off the mortgage...
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