Earnings News

Pre-market Movers For July 27 (MRK, HP, AUTH, FB, AMZN, DECK, SBUX, APKT, NTGR)

Gainers:

Merck & Co., Inc. (MRK) is rising more than 2 percent to $44.40. The company's second quarter profit declined from the year-ago quarter, although its non-GAAP earnings per share were above Wall Street view. Sales for the quarter improved from the same period last year and were also above the consensus estimate.

Helmerich & Payne, Inc. (HP) is gaining over 3 percent to $47.42. The company's third quarter profit improved from the prior year period. Operating revenues for the quarter surged from the year-ago period and also topped analysts' estimate.

AuthenTec, Inc. (AUTH) is jumping 61 percent to $8.18. Apple (AAPL) has agreed to buy the company for $8.00 for share. The company expects this merger to close in the third calendar quarter of this year.

Amazon.com Inc. (AMZN), Deckers Outdoor Corp. (DECK), Expedia Inc. (EXPE) are rising following the release of their results.

Decliners:

Facebook Inc. (FB) is declining 13 percent to $23.29 following announcement of its first quarter report after its initial public offering. The company slipped to a loss in its second quarter, while its adjusted earnings per share were in-line with Wall Street view. Revenues improved 32 percent and were above the consensus estimate.

Starbucks Corp. (SBUX), Acme Packet, Inc. (APKT), Coinstar, Inc. (CSTR), Netgear Inc. (NTGR) are down based on the release of their results.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More Earnings News