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
Electric car maker Tesla Motors Inc. (TSLA), Wednesday reported a loss for the fourth quarter that was narrower than last year. The company said it expects to start volume production of Model 3 by September. Palo Alto, California-based Tesla reported fourth-quarter loss of $121.3 million or $0.78... Canada based Maple Leaf Foods Inc. Wednesday said it has reached a definitive agreement with Brynwood Partner VI L.P. for the acquisition of Lightlife Foods Inc. The deal would be worth $140 million plus other costs. Light is a brand in U.S. for refrigerated plant based protein foods. A hedge fund is an alternative investment fund that uses pooled funds from accredited individuals or institutional investors and invests these funds in different assets with a goal of generating high returns. Hedge funds are generally accessible only to accredited or qualified investors. They cannot...
comments powered by Disqus
Follow RTT