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Earnings News

Pre-market Movers For May 30 (RIMM, FB, MON, OSIR, DGIT)

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Gainers:

Monsanto Co. (MON) is rising 3 percent to $76.95. The company raised its fiscal-year 2012 earnings guidance. The company said it expects ongoing earnings to grow up to 25 percent year-over-year in fiscal year 2012, ahead of continued strong growth in fiscal year 2013.

Osiris Therapeutics, Inc. (OSIR) is gaining 16 percent to $7.53. The company announced that it has received transitional pass-through status from the Center for Medicare & Medicaid Services, with C-Codes being designated for Grafix.

Digital Generation, Inc. (DGIT) is rising 11 percent to $10.04.

Decliners:

Research In Motion Ltd. (RIMM) is falling 10 percent to $10.10. The company announced that the ongoing competitive environment is impacting its business in the form of lower volumes and highly competitive pricing dynamics in the marketplace. The company said it expects its first quarter results to reflect this, and likely result in an operating loss for the quarter.

Facebook, Inc. (FB) is falling 1 percent to $28.55.

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