logo
Share SHARE
FONT-SIZE Plus   Neg

Pre-market Movers For April 26 (XOM, EA, PATK, REGN, AET, UPS, TWC, CELG, FURX)

Gainers:

Electronic Arts Inc. (EA) is rising 8 percent to $16.19 based on a report that Japan's Nexon is reportedly planning to make an offer for the company.

Patrick Industries, Inc. (PATK) is gaining 17 percent to $10.50. The company swung to a profit in its first quarter. Net sales rose 47.8 percent.

Regeneron Pharmaceuticals, Inc. (REGN) is up 12 percent to $142.36. The company reported a profit in its first quarter, versus a loss in the last year quarter. Revenues jumped from the year-ago quarter and were above consensus.

Decliners:

Aetna Inc. (AET) is down 9 percent to $44.90 as the company's first quarter profit declined from the year-ago quarter and were below Wall Street view. The company reaffirmed its full-year 2012 operating earnings per share guidance, which is below analysts' estimate.

Exxon Mobil Corp. (XOM) is falling over 1 percent to $85.80. The company's first quarter profit declined from the previous year period and was below the consensus estimate.

United Parcel Service, Inc. (UPS) is falling more than 3 percent to $77.19. The company's first quarter improved jumped from the year-ago quarter, but was below Wall Street view. Revenues rose 4.4 percent, but fell short of the consensus estimate. In addition, the company said it remains confident in its 2012 earnings per share guidance.

Time Warner Cable Inc. (TWC) is falling 1 percent to $81.00. The company's first quarter profit increased from the previous year. Total revenues improved 6.4 percent and were in-line with analysts' view.

Celgene Corp. (CELG) is falling 3 percent to $75.39 as the company's first quarter non-GAAP earnings per share and revenue were below consensus.

Furiex Pharmaceuticals Inc. (FURX) is plunging 27 percent to $14.22 based on the news that its partner Takeda has received a Complete Response Letter from the FDA regarding NDAs for Alogliptin and the fixed-dose combination therapy Alogliptin and pioglitazone.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Shares of thyssenKrupp AG were gaining around 2 percent in the morning trading in Germany after the steel giant Thursday said it expects clearly positive net income and significantly higher adjusted EBIT, a key earnings metric, in fiscal 2018. This was after reporting higher adjusted EBIT, sales and order intake in its fiscal 2017, despite a net loss due to charges. Senator Lisa Murkowski, R-Alaska, has expressed support for repealing Obamacare's individual mandate, a key provision Senate Republicans are hoping to use to offset the cost of their tax reform bill. The Congressional Budget Office estimates repealing the requirement that nearly all Americans purchase... Automotive startup Divergent 3D said that a Chinese-led investment syndicate has agreed to commit up to $107 million in financing through a new investment round. Hong Kong-based investment holding company, O Luxe Holdings Limited, led the investment group, which includes Horizons Ventures, Shanghai Alliance Investment Limited and Altran Technologies.
comments powered by Disqus
Follow RTT