Before The Bell

Pre-market Movers For May 17 (AAPL, TSLA, JCP, ARUN, DCI)

Gainers:

Apple Inc. (AAPL) is up 1 percent to $438.93.

Tesla Motors, Inc. (TSLA) is rising 2 percent to $94.21.

Decliners:

J. C. Penney Company, Inc. (JCP) is declining 3 percent to $18.20. The company's first quarter net loss widened from the previous year period and missed analysts' estimate. Net sales for the quarter decreased 16.4 percent and also missed the consensus estimate.

Aruba Networks, Inc. (ARUN) is plunging 21 percent to $13.81. The company slipped to a loss in its third quarter and its adjusted earnings per share were below analysts' estimate. Revenue for the quarter improved 12 percent, but missed the consensus estimate.

Donaldson Company, Inc. (DCI) is falling 5 percent to $36.00. The company's third quarter profit edged down from the year-ago quarter. Net sales dropped 4 percent and missed the consensus estimate. The company also slashed its earnings and sales forecast for fiscal year 2013.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

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