Breaking News
FONT-SIZE Plus   Neg
Share SHARE

Pre-market Movers For March 8 (ANN, MCD, P, AMBA, FL, SKUL, GDI)

RELATED NEWS
Trade MCD now with 

Gainers:

ANN INC (ANN: Quote) is gaining 7 percent to $31.00. The company's fourth quarter profit improved marginally from the prior year period, while total net sales missed the consensus estimate. Meanwhile, the company forecast first quarter and full-year sales above Wall Street view.

McDonald's Corp. (MCD: Quote) is gaining nearly 2 percent to $98.79. The company reported a 1.5 percent decline in February global comparable sales, reflecting a negative calendar shift as February 2012 included an extra day due to leap year. Excluding this negative calendar shift of 3.2 percentage points, global comparable sales for the month rose 1.7 percent.

Pandora Media, Inc. (P: Quote) is jumping nearly 26 percent to $14.75 and Ambarella, Inc. (AMBA: Quote) is up over 12 percent to $13.48 following the release of their quarterly results.

Gardner Denver, Inc. (GDI: Quote) is rising over 1 percent to $74.85 based on the news that it has agreed to be acquired by Kohlberg Kravis Roberts & Co. L.P. for about $3.9 billion, including the assumption of debt.

Decliners:

Foot Locker, Inc. (FL: Quote) is falling 4 percent to $98.79. The company's fourth quarter profit improved 28 percent from the prior year period. Sales for the quarter grew 14 percent and topped the consensus estimate. For fiscal 2013, the company expects double-digit percentage earnings per share increase over 2012 adjusted earnings per share.

Skullcandy, Inc. (SKUL: Quote) is plunging 16 percent to $5.60 as it expects to report a loss in its first quarter.

Register
To receive FREE breaking news email alerts for McDonald`s Corp. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Consumers spent less in July than in the previous month, a surprise retreat that complicates the prevailing belief that the U.S. economic situation is improving. Along with the unexpected drop in spending, government figures released on Friday showed that incomes rose at a slower pace in July than in the previous month. Meanwhile, data on prices indicated that inflation pressures remain tame. India's economy grew faster-than-expected in the three months to June and at the strongest pace in two years, preliminary figures from the Central Statistics Office revealed Friday. Gross domestic product grew 5.7 percent in the April to June quarter, which exceeded economists' forecast for 5.5 percent expansion. The economy grew 4.6 percent in the previous three months. Eurozone inflation slowed as expected in August on falling energy prices giving room for the central bank to support demand and economic recovery without stoking inflation and help the region to create more jobs. The unemployment rate remained unchanged at an elevated level in July. Nonetheless, it was at the lowest since September 2012.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.