Stock futures were down indicating a lower opening as the dollar made overnight gains.
Here are some of the early-market movers for Tuesday.
Priceline.com (PCLN)
Shares of Priceline.com were up 12% in pre-market trading Tuesday after announcing third-quarter results after the bell Monday. The company reported pro forma earnings of $3.45 per share on revenue of $730.7 million. Analysts had been expecting earnings of $2.92 per share and revenue of $693.97 million.
Home Inns & Hotels Management Inc. (HMIN)
The Chinese economy hotel chain posted third-quarter results reporting non-GAAP earnings of 31 cents per American Depository Share. Quarterly revenue came in at $106.6 million, up 38% from the same period last year. Shares were up 11.2% in pre-market trading.
Beazer Homes USA Inc. (BZH)
The homebuilder swung to a surprise profit in the fourth quarter, sending shares up 10.6% in pre-market trading. The company reported earnings of 84 cents per share on revenue of $376.3 million while analysts had estimated a loss of $1.29 per share on revenue of $338.29 million.
Avanir Pharmaceuticals, Inc. (AVNR)
Shares were up 10.2% in pre-market trading after the company announced results from the 12-week efficacy, safety and tolerability study which showed favorable results for the drug Zenvia in the treatment of patients with Pseudobulbar Affect.
MBIA Inc. (MBI)
The company reported a narrower loss for the third-quarter than a year ago but losses in mortgage backed security insurance continue to weigh on earnings. The company posted a loss of $3.50 per share while the Street had been expecting a loss of $1.05. MBIA shares were down 11.8% in pre-market trading.
Hologic Inc (HOLX)
Despite posting earnings for the fourth-quarter that beat analyst expectations, shares of the medical imaging device manufacturer were down 5.2% in pre-market trading after lowering first quarter 2010 guidance below current expectations. The company reported fourth-quarter non-GAAP earnings of 28 cents per share on $402.8 million in revenue. The Street had been expecting earnings of 27 cents per share on $398.27 million in revenue.
Early-Market Movers: IMS Health, Whole Foods MarketFirst Horizon loss narrows
