Plus   Neg

Pre-market Movers For Jan 30 (BA, RIMM, AMZN, MPC, BIOC, CPNO, , CEVA, VCBI)


Boeing Co. (BA) is rising more than 1 percent to $74.70. The company's fourth quarter GAAP profit declined 30 percent from the year-ago quarter, but topped Wall Street view. Total revenues rose 14 percent. The company forecast fiscal 2013 earnings per share in-line with market view, but revenue below the consensus estimate. The company noted that its first order of business for 2013 is to resolve the battery issue on the 787.

Research In Motion Ltd. (RIMM) is rising 2 percent to $15.99 amidst high anticipation on its launch of BlackBerry 10 today.

Amazon.com Inc. (AMZN) is rising 9 percent to $284.30 following the release of its quarterly results.

Marathon Petroleum Corp. (MPC) is up over 1 percent to $73.00.Thecompany swung to a profit in its fourth quarter. Revenues improved from the year-ago period and were above analysts' projection. The company also said that its board has approved an additional $2 billion share repurchase authorization.

BioClinica, Inc. (BIOC) is jumping 19 percent to $7.21 based on the news that it agreed to be acquired by a holding company controlled by private equity firm JLL Partners, Inc. at an offer price of $7.25 a share, which results in an equity value of approximately $123 million.

Copano Energy LLC (CPNO) is rising 18 percent to $39.26. Kinder Morgan Energy Partners, L.P. (KMP) has agreed to acquire the company's outstanding units for about $5 billion, including the assumption of debt.

Multimedia Games Inc. (MGAM) is rising over 15 percent to $16.52. The company's first quarter earnings and revenue improved from the year-ago period and were above Wall Street view. The company also raised its fiscal 2013 revenue, EBITDA and diluted earnings per share guidance.

Trading halt:

Trading in shares of CEVA Inc. (CEVA) was halted. The company's fourth quarter profit declined 43 percent from the same period a year earlier. Non-GAAP earnings per share matched Wall Street view. Total revenue for the quarter decreased 19 percent.

Trading in shares of Virginia Commerce Bancorp Inc. (VCBI) was halted. United Bankshares Inc. (UBSI) has reached a definitive merger agreement to acquire the company in a deal value of $14.00 per share, or about $490.6 million in the aggregate.

by RTTNews Staff Writer

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