logo
Share SHARE
FONT-SIZE Plus   Neg

Pre-market Movers For April 3 (AAPL, BNNY, CAVM, NFLX)

Gainers:

Apple Inc. (AAPL) is gaining over 1 percent to $625.30. The European Commission has opened two formal antitrust investigations against Motorola Mobility Holdings, Inc. (MMI), following complaints by Apple and Microsoft (MSFT). The Commission will assess whether Motorola Mobility has abusively, and in contravention of commitments it gave to standard setting organisations, used certain of its standard essential patents to distort competition in the Internal Market in breach of EU antitrust rules.

Annies Inc. (BNNY), which went public last week, is rising 8 percent to $37.49.

Decliners:

Cavium, Inc. (CAVM) is falling over 1 percent to $30.11. The company announced that financial results for its first quarter of 2012 will be below its previous outlook. In addition, the company currently expects first quarter revenue to be approximately 6 percent to 7 percent lower sequentially.

Netflix, Inc. (NFLX) is falling 3 percent to $110.64.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Abercrombie & Fitch Co. (ANF) reported a GAAP net loss attributable to company of $39.6 million for the first quarter ended April 30, 2016 compared to a loss of $63.2 million, last year. Excluding certain items last year, net loss attributable to Abercrombie & Fitch Co. increased $2.4 million. Net... Dollar General Corp. (DG) reported first-quarter net income of $295 million, or $1.03 per share compared to $253 million, or $0.84 per share, a year ago. On average, 25 analysts polled by Thomson Reuters expected the company to report profit per share of $0.95 for the quarter. Analysts' estimates typically... Anglo-Dutch oil giant Royal Dutch Shell plans to cut 2,200 more jobs, as the company continues to face lower oil prices, media reported Wednesday citing an emailed statement. The latest round of cuts would bring the total job cuts this year to at least 5,000 globally. In the U.K. and Ireland, the company plans to reduce staff working in exploration and production by 475.
comments powered by Disqus
Follow RTT