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Pre-market Movers For June 13 (CELG, DELL, NOK, TFM, AONE, NUE)

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6/13/2012 8:59 AM ET

Gainers:

Celgene Corp. (CELG: Quote) is rising nearly 2 percent to $64.25. The company announced that its board authorized the repurchase of up to an additional $2.5 billion of its common stock.

Dell Inc. (DELL: Quote) is up 3 percent to $12.31. The company announced that it plans to pay quarterly cash dividends on its common stock starting in its fiscal third quarter.

Decliners:

Nokia Corp. (NOK: Quote) is falling nearly 2 percent to $2.82. The company is reportedly nearing an agreement to sell its Vertu luxury-phone unit to Swedish private-equity firm EQT Partners AB.

The Fresh Market, Inc. (TFM: Quote) is falling more than 1 percent to $51.35. The company announced the launch of a public offering of 10.03 million shares of its common stock. The shares in this offering are being offered by certain existing stockholders.

A123 Systems, Inc. (AONE: Quote) is down nearly 11 percent to $1.41. The company's stock gained in yesterday's regular trading based on the news about the introduction of a new lithium ion battery technology Nanophosphate EXT.

Nucor Corp. (NUE: Quote) is declining over 2 percent to $35.35. The company said it currently expects to see only a modest improvement in its second quarter earnings. The company said lower performance in the quarter is mainly due to a surge in imports, particularly rebar, plate and sheet steel, which began at the end of 2011 and has continued through the first half of 2012.

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by RTT Staff Writer

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