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 Tractor Supply Co. (TSCO) slipped over 7 percent in the extended hours after the company issued a weak second-quarter guidance and lowered its annual outlook, due to weak sales of its seasonal products. For the second quarter, the company now expects earnings of $1.15 to $1.16 per share... Hard-disk driver maker Seagate Technology plc (STX) late Wednesday said it was cutting 1,600 jobs or about 3% of its global workforce to curb expenses. The company expects to save about $100 million a year, having a favorable impact on cost of revenue and operating expenses by about $48 million and... PepsiCo Inc. (PEP) is bringing back Crystal Pepsi, the colorless soda launched in 1992, a move that the food and beverages giant expects will boost its slowing sales. The 1990s-era clear soda will go on sale in 20-ounce bottles for a limited time at major retailers starting July 7 in Canada and August...
comments powered by Disqus
Follow RTT