logo
Share SHARE
FONT-SIZE Plus   Neg

Pre-market Movers For April 12 (TSCO, WAB, RAD, FAST, ILMN)

Gainers:

Tractor Supply Co. (TSCO: Quote) is rising 4 percent to $95.85. The company's net sales for the first quarter improved 22 percent, and topped one billion dollars for the first time in the company's history. In addition, the company raised its financial expectations for 2012.

Westinghouse Air Brake Technologies Corp. (WAB: Quote) is rising 7 percent to $76. The company expects first quarter earnings per share above Wall Street view. The company expects its financial performance in 2012 to exceed initial guidance for several reasons.

Decliners:

Rite Aid Corp. (RAD: Quote) is down 0.59 percent to $1.69. The company's fourth quarter net loss narrowed from the previous year. Revenues increased 10.7 percent, and were also above consensus.

Fastenal Co. (FAST: Quote) is down 1 percent to $49.01. The company's first quarter profit increased 26 percent from the year-ago quarter, but earnings per share were below consensus. Sales rose 20 percent.

Illumina Inc. (ILMN: Quote) is falling more than 1 percent to $51.81 amidst the news that Roche Holding AG (RHHBY.PK) announced that its offer price of $51 per share for the company is full, fair and extremely attractive and is more than adequate to form a basis for negotiation.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
UK-based oil giant BP Plc. and French peer Total SA Tuesday reported lower profit for the first quarter, as oil prices declined sharply from the previous year. However, results reflected stronger overall refining environment. Hartford Financial reported a decline in first-quarter profit, despite growth in premiums, due mainly to the absence of gains recorded last year. Apple Inc. said Monday after the markets closed that its second quarter profit rose 33% from last year, driven by strong sales of iPhone and Mac as well as all-time record performance of the App Store. The company's quarterly earnings per share also breezed past Wall Street expectations as did its quarterly sales.
comments powered by Disqus
RELATED NEWS
Trade RAD now with 
Follow RTT