Gainers:
Walgreen Co. (WAG) is up 0.16% to $42.80 as it reported 4.8% growth in comparable stores sales for the month of June, positively impacted by the effect of calendar day shifts. June sales were $6.04 billion, an increase of 6.8 percent from the previous year.
Hutchinson Technology Inc. (HTCH) is gaining 21% to $2.75 as it reported that it shipped about 118 million suspension assemblies in 2011 third quarter, up 15 percent compared with its second quarter shipments of 102.3 million. Net sales for the quarter rose 14% sequentially.
Decliners:
Apple Inc. (AAPL) is down 0.38% to $348.11 in pre-market trading amid reports that it is preparing to launch a new version of iPhone in third quarter. Research In Motion Limited (RIMM) is down 1% to $28.62.
Citigroup, Inc. (C) is falling 0.63% to $42.30 amid reports that billionaire investor Warren Buffett's Berkshire Hathaway Inc. (BRKa, BRKb) has joined a bidding group engaged in exclusive talks to buy Citi's consumer-lending business.
DragonWave Inc. (DRWI) is sliding more than 7% to $5.85 based on the news that its Vice President of Worldwide Sales Brian McCormack has submitted resignation and will be leaving the company to pursue other interests.
WPP plc (WPPGY) is down 3% to $60.96 amid news that its wholly-owned operating company JWT, the global advertising network, agreed to acquire a majority stake in Mindset Advertising Private Limited in India.
Aixtron SE (AIXG) is sliding nearly 5% to $31.70. Netflix, Inc. (NFLX) is falling 0.56% to $288. OmniVision Technologies Inc. (OVTI) is down 4% to $33.19.
by RTTNews Staff Writer
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