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Pre-market Movers For Feb 27 (TGT, DLTR, OPTR, PCLN, FSLR, FDML)

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Gainers:

Dollar Tree, Inc. (DLTR: Quote) is rising 4 percent to $42.80. The company's fourth quarter earnings improved from the year-ago quarter and were above Wall Street view. Net sales rose 15.4 percent and also topped the consensus estimate. The company guided first quarter results in-line with analysts' expectation, but full year earnings per share below Street view.

Optimer Pharmaceuticals, Inc. (OPTR: Quote) is rising over 11 percent to $11.95 based on the news that it has started exploring a full range of strategic alternatives. The company also announced that it has appointed its Chairman, Henry McKinnell, as its chief executive, replacing Pedro Lichtinger.

priceline.com Inc. (PCLN: Quote) is up 4 percent to $710.00 following the release of its quarterly results.

Decliners:

Target Corp. (TGT: Quote) is falling nearly 3 percent to $62.30. The company's fourth quarter profit declined from the year-ago quarter. Total revenues for the quarter rose and managed to come above the consensus estimate. Meanwhile, the company forecast first quarter and 2013 adjusted earnings per share above market view.

First Solar, Inc. (FSLR: Quote) is plunging 14 percent to $26.83 following the release of its fourth quarter results.

Trading halt:

Trading in shares of Federal-Mogul Corp. (FDML: Quote) was halted. The company slipped to a loss in its fourth quarter on an adjusted basis, reflecting lower sales, especially in the European market.

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by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Stocks moved notably higher over the course of the trading day on Tuesday after recovering from an initial move to the downside. With the strong upward move on the day, the Dow reached a new record intraday high before giving back some ground. President Barack Obama is scheduled to travel to the headquarters of the Centers for Disease Control and Prevention in Atlanta, Georgia, on Tuesday to outline steps the U.S. will take to help combat the Ebola outbreak in West Africa. Senate Republicans once again voted Monday to block a Democratic bill aimed at narrowing the national gender wage gap. The Senate voted 52 to 40 in favor of limiting debate on the Paycheck Fairness Act, falling well short of the 60 votes required.
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