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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
Apple Inc. said Monday that its fourth quarter profit rose 13% from last year, driven by strong sales of its iPhones and Mac computers. The company's quarterly earnings per share also came in above analysts' expectations as did its quarterly sales. At the same time, the company gave an upbeat revenue forecast for the current quarter, which includes the all important holiday season. Stocks moved notably higher over the course of the trading day on Monday, extending the strong upward move seen last Friday. The gains on the day continued the recent recovery by the markets, with the Nasdaq and the S&P 500 closing higher for the third consecutive session. While Republicans have largely tried to frame the upcoming midterm elections as a referendum on President Barack Obama, Sen. Ted Cruz, R-Tex., has joined the few offering guidance on what the GOP will do if it manages to retake control of the Senate.
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