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

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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Internet video service Sling TV, on Wednesday said HBO would be available in time for the "Game of Thrones" and "Silicon Valley" season premieres on April 12, but did not specify a launch date. Memory chip maker Micron Technology, Inc. said Wednesday after the markets closed that its second quarter profit rose 28% from last year, helped by higher sales and lower income tax expenses. The company's quarterly earnings per share, excluding items, also came in above analysts' expectations as did its quarterly sales. Apple Watch is expected to post robust sales in the first weekend after its launch on April 24. A craze for Apple Watch may catapult the smartwatch industry into a lucrative market, while a not-so-impressive response for the Apple device may weigh on the industry.
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