Archive for the ‘pre-market’ Category

Ericsson Reportedly Working On New Smartphone

LM Ericsson Telephone Company (NASDAQ: ERIC) is up 1.54% this morning in pre-market trading, raising shares from $10.42 to $10.58.  This movement, however, comes during a 52-week range of $8.94 to $12.39.  The company has also traded 200,200 shares already, compared with their average amount of 6,762,200. This jump, which indicates a return to recent [...]

Emergent Purchase Drives Up Trubion In Pre-Market

Trubion Pharmaceuticals, Inc. (NASDAQ: TRBN) shot way up in pre-market trading preceding the company’s acquisition by Emergent Biosolutions Inc. (NYSE: EBS).  At the 8:35 AM EST Trubion is up 49.67% from $3 to $4.49 during a 52-week range of 2.29 – 6.75.  The company has also already traded 3,000 shares, a significant figured compared with [...]

Unica More Than Doubles In Value After IBM Acquisition (UNCA, IBM)

IBM and Unica Corporation  (NASDAQ: UNCA) agreed to a $480 million dollar deal this morning. IBM will buy Unicom for 21$ per share, well more than double the marketing company’s close yesterday of $9.55. As of 8:15AM EDT, the stock was up 117.8% to 20.80. The stock had been trading withing a 52-week range of [...]

Cisco Flakes On Confidence

Cisco Systems, Inc. (NASDAQ: CSCO) was down in pre-market trading as a result of weak guidance offered by the company.  At 8:35 AM EST is down 7.42% from $23.73 to $21.97, and has traded 876,856 shares, compared with the company’s average of 58,236,500 shares.  This drop comes during a 52-week trading range of $20.68 – [...]

eBay Makes Up For Wednesday Loss After Citigroup Upgrade

Ebay inc. (NASDAQ: EBAY) was upgraded to a buy this morning by citigroup, largely erasing yesterday’s 3% loss in pre-market trading. At 8:10AM EDT, EBAY shares were up 2.12% to 21.70, which is on the low end of the online auction company’s 52-week range 19.06 - 28.37. The stock had only traded 10,214 shares relative to a [...]

Cree Offers Low-Ball Expectations

At 8:35 AM EST, Cree, Inc. (NASDAQ: CREE) is down 9.66% from $68.96 to $62.30.  This drop follows an announcement from the company that outlines Q1 goals targeting revenue of $270 million to $280 million,  trailing behind the Wall Street expectation of $283.96 million.  The pre-market move comes during a 52-week range of $31.56 – [...]

Fossil Passes Q2 Expectations

Fossil, Inc. (NASDAQ: FOSL), the watch and fashion accessory company, made large gains this morning in pre-market trading, increasing share value by 8.31%.  At 8:35 AM EST the company is up from its price at market close of $42.47 to $46 and has traded 26,785 shares. This gain, which is the result of Q2 reports [...]

Nabors Set To Buy Superior Well Services

Superior Well Services, Inc. (NASDAQ: SWSI) rocketed up at 8:35 AM EST 20.84%, resulting in shares increasing from $18.23 to $20.03.  This move is the result of Superior Well’s purchase by land rig contractor Nabors Industries Ltd. (NYSE: NBR) for approximately $900 million.  The morning has thus seen the movement of 2,964,810 shares, compared with [...]

Kulicke and Soffa Report Positive Q3 Earnings

Kulicke and Soffa Inc. (NASDAQ: KLIC) increased 13.19% from $7.20 to $8.15 at 8:35 AM EST this morning in pre-market trading following a third quarter profit of $0.65 per share and a revenue of $221.3 million.  Original estimates placed quarter earnings at $0.53 a share with a revenue of $205.3 million.  The company has also [...]

Priceline Rockets Past Q2 Estimates

Priceline.com Incorporated (NASDAQ: PCLN) shot upwards in pre-market trading today from $230.67 to $270, a price increase of 17.05%.  This movement, which took place at 8:35 AM EST, is the result of an unexpectedly positive earnings review in which priceline.com reported earnings of $3.09 per share on revenue of $767.4 million, beating estimates of $2.65 [...]