Earnings News

Pre-market Movers For October 11 (S, GOOG, FOLD, RT, RGLD)

Gainers:

Sprint Nextel Corp. (S) is jumping 16 percent to $5.87 amidst a report that Japan's Softbank Corp. (SFTBF.PK) is in talks to buy the company. Softbank responded that it do not comment on speculation.

Amicus Therapeutics, Inc. (FOLD) is rising more than 6 percent to $6.00. The company announced additional positive preliminary results from an ongoing Phase 2 open-label drug-drug interaction study to evaluate the safety and plasma pharmacokinetic effects of the pharmacological chaperone AT2220 co-administered with enzyme replacement therapy for Pompe disease.

Google Inc. (GOOG) is up over 1 percent to $753.92.

Decliners:

Ruby Tuesday, Inc. (RT) is down 6 percent to $6.61. The company's first quarter profit declined 16 percent from the year-ago period and was below Wall Street view. Total revenue edged up 0.8 percent and was above the consensus estimate.

Royal Gold, Inc. (RGLD) is declining 5 percent to $90.60. The company agreed to sell 5.25 million shares of common stock through at-the-market public offering.

by RTTNews Staff Writer

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