Stock futures were mixed and mostly flat as traders evaluate the latest jobless claims and housing starts data.
Here are some of the early-market movers for Thursday.
AMR Corp. (AMR)
The parent company to American Airlines announced it raised $2.9 billion by selling aircraft and frequent-flyer miles strengthening its balance sheet and possibly paving the way for an expansion of its relationship with Japan Airlines with a further equity stake. AMR shares were up 24.2% in pre-market trading.
Cerus Corp (CERS)
Shares of Cerus were up 11.5% in pre-market trading after analysts at Avondale Partners raised their rating to “market outperform” from “market perform” citing the company’s improved cash position after raising $12 million from a share placement earlier this month.
ImmunoGen, Inc. (IMGN)
ImmunoGen, which develops anticancer treatments announced it had entered into a licensing agreement with Amgen for exclusive rights to use the Amgen’s Maytansinoid Targeted Antibody Payload (TAP) technology to develop new cancer treatments. Amgen will receive $1 million up front and milestone payments that could top $34 million. ImmunoGen shares were up 9.3% in pre-market trading.
Synovus Financial Corp. (SNV)
Dilution concerns had Synovus shares down 9.9 % in pre-market trading after the company announced it has priced a public offering of 150 million shares at $4.00 per share.
United Western Bancorp Inc. (UWBK)
Union Western announced the pricing of its 20 million share stock offering after the bell Wednesday at $4.00 per share. Dilutive pressure had the stock down 5.6% in pre-market trading Thursday.
Rigel Pharmaceuticals (RIGL)
Shares of Rigel Pharmaceuticals were down 3.4% in pre-market trading after the company announced it filed to offer 6 million shares of common stock.
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