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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

Business News

Editors Pick
Consumers spent less in July than in the previous month, a surprise retreat that complicates the prevailing belief that the U.S. economic situation is improving. Along with the unexpected drop in spending, government figures released on Friday showed that incomes rose at a slower pace in July than in the previous month. Meanwhile, data on prices indicated that inflation pressures remain tame. India's economy grew faster-than-expected in the three months to June and at the strongest pace in two years, preliminary figures from the Central Statistics Office revealed Friday. Gross domestic product grew 5.7 percent in the April to June quarter, which exceeded economists' forecast for 5.5 percent expansion. The economy grew 4.6 percent in the previous three months. Eurozone inflation slowed as expected in August on falling energy prices giving room for the central bank to support demand and economic recovery without stoking inflation and help the region to create more jobs. The unemployment rate remained unchanged at an elevated level in July. Nonetheless, it was at the lowest since September 2012.
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