logo
Share SHARE
FONT-SIZE Plus   Neg

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

Gainers:

Tractor Supply Co. (TSCO) 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) 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) 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) 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) 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
A new species of 'super-armored' worm, almost bizarre beyond description, has been discovered. Good thing this one's no longer around. Stocks moved sharply lower over the course of the trading day on Monday amid continued concerns about Greece and the possibility the debt-laden country will exit the eurozone. With the steep drop on the day, the Dow fell to its lowest closing level in almost five months. The most "American" vehicle isn't Built Ford Tough. It's not in jingles sung by John Mellencamp or Bob Seger, and it probably isn't kickin' up backroads dust somewhere in the Heartland.
comments powered by Disqus
RELATED NEWS
Trade RAD now with 
Follow RTT