Stock futures were green but mostly flat ahead of resumption of corporate earnings reporting.
Here are some of the early-market movers for Monday.
Internet Gold - Golden Lines Ltd. (IGLD)
Shares of the Israeli communications company gained 32.7% in pre-market trading after announcing its 75.3% owned subsidiary, 012 Smile.Communications Ltd agreed to acquire a 30.6% controlling interest in Israel's largest telecommunications provider Bezeq The Israel Telecommunication Corp.
ION Geophysical Corp. (IO)
Shares jumped 24.6% in pre-market trading Monday after announcing late last week that agreed to create a venture to BGP Inc. to provide land seismic products worldwide. BGP will pay $175 million in cash for a 51% ownership of the joint venture and a 17% interest in ION.
SuperGen, Inc. (SUPG)
Pharmaceutical company SuperGen announced it has entered into a collaboration agreement with GlaxoSmithKline (GSK) develop gene based Epigenetic cancer therapeutics. SuperGen shares were up 21.4% in pre-market trading.
Elron Electronic Industries Ltd. (ELRN)
The company announced today it has received a non-binding indication of interest from a third party for the potential acquisition of subsidiary Medingo Ltd. The indication is in the range of $150 million and $170 million. Elron shares were up 19.2% in pre-market trading.
PrivateBancorp, Inc. (PVTB)
The bank released third-quarter results posting a 68 cent loss per share. The company also announced it would commence a $175 million common share offering. Shares were down 14.2% in pre-market trading.
Matrixx Initiatives Inc (TXX)
Shares were down 12.3% in pre-market trading after the FDA indicated it would not reverse its position stated in a warning letter concerning the potential loss off smell associated with the company's nasal versions of Zicam.
Early-Market Movers: Harvest Energy, EquinixFirst Horizon loss narrows
