Freitag, 6. November 2009

Early-Market Movers: IMS Health, Whole Foods Market

Stock futures were in the green as traders digest the better-than-expected initial jobless claims report.

Here are some of the early-market movers for Thursday.

IMS Health Inc (RX)

Shares were up 16% in pre-market trading after the company announced it was close to finalizing a deal to sell itself to TPG Capital LP in a deal valued at nearly $4 billion.

Trico Marine Services, Inc. (TRMA)

Citing strength in undersea operations, Trico posted strong third-quarter results reporting earnings of 36 cents per share on revenue of $190 million. Revenue was up from $180 million in the previous quarter. Shares were trading up 12.7% in pre-market trading.

Fuel Systems Solutions Inc (FSYS)

The company beat the Street with third-quarter results reporting earnings of 88 cents per share on revenue of $116.2 million. Analysts had been expecting earnings of 43 cents per share on revenue of $104.3 million. Shares were up 12.4% in pre-market trading.

ON Semiconductor Corp. (ONNN)

Shares of the semiconductor company were up 9% in pre-market trading after posting third-quarter results that beat analyst estimates. The company reported non-GAAP earnings of16 cents per share on revenue of $472.9 million. Analysts had been expecting earnings of 10 cents per share on revenue of $454.91 million. The company also raised their guidance for the fourth quarter above current analyst estimates.

American Eagle Outfitters, Inc. (NYSE)

Weak sales numbers for October have the stock down 9.6% in pre-market trading. The company reported a 5% drop in sales for October from the same period last year.

Whole Foods Market Inc (WFMI)

Despite reporting third-quarter earnings above analyst estimates late Wednesday, shares of the upscale grocer were down 9.2% in pre-market trading Wednesday after the company lowered its 2010 guidance below current expectations. For the third-quarter the company reported earnings of 20 cents per share while the Street was expecting 18 cents per share.

Early-Market Movers: Genworth, Ruth’sFirst Horizon loss narrows