logo
Share SHARE
FONT-SIZE Plus   Neg

Pre-market Movers For April 24 (T, BHI, PH, MMM, NFLX, SYMC, CNC, RSH, AAPL)

Gainers:

AT&T, Inc. (T: Quote) is gaining nearly 2 percent to $31.16. The company's first quarter profit improved from the year-ago quarter and were above Wall Street view. Consolidated revenues rose 1.8 percent.

Baker Hughes Inc. (BHI: Quote) is up 4 percent to $42.59. The company's first quarter declined from the previous year period, while revenue increased 18 percent. Both earnings per share and revenue were above Wall Street view.

Parker-Hannifin Corp. (PH: Quote) is up 2 percent to $83.00 as the company's third quarter profit and net sales improved from previous year and were above consensus. The company also increased its guidance for earnings from continuing operations for 2012.

3M Co. (MMM: Quote) is gaining 3 percent to $89.60. The company's first quarter profit increased from the prior year period, and were above consensus. The company raised the lower end of its fiscal 2012 earnings per share guidance.

Decliners:

Netflix, Inc. (NFLX: Quote) is down 14 percent to $16.63. The company slipped to a loss in its first quarter. However, revenues increased from the year-ago quarter and were above consensus. The company anticipates returning to global profitability in its second quarter, while detailing a weak revenue outlook.

Symantec Corp. (SYMC: Quote) is falling 8 percent to $16.63 as the company lowered its for cast for first quarter GAAP revenue and non-GAAP diluted earnings per share. The company said it experienced weaker than expected license performance due to fewer license rich storage and server management deals in the quarter.

Centene Corp. (CNC: Quote) is falling nearly 4 percent to $43.21. The company's first quarter profit declined from the year-ago quarter and were below analysts' estimate. Meanwhile, the company raised its forecast for 2012.

RadioShack Corp. (RSH: Quote) is down 10 percent to $5.35. The company slipped to a loss in its first quarter. The company said its first quarter was extremely challenging as it had anticipated and added that its results were disappointing.

Apple Inc. (AAPL: Quote) is falling 1 percent to $563.99.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Anadarko Petroleum Corp (APC) on Monday reported a wider-than-expected loss for the first quarter, crippled mostly by lower commodity prices. General Motors has priced the new 2016 Chevrolet Volt plug-in hybrid at $33,995, including delivery charges. That's almost $1,200 less than the 2015 model. Volt's price can go as low as $26,495 after the full federal tax credit of $7,500. In California, customers can buy the new Volt for as low as... McDonald's said it would restructure its business to focus more on franchises, and would recast its market segments and cut costs, as the fast food giant grapples with weak global sales.
comments powered by Disqus
RELATED NEWS
Trade T now with 
Follow RTT