Stock futures were indicating a lower opening following oil and gold lower in early trading.
Here are some of the early market movers for Tuesday.
Yongye International Inc (YONG)
The biotech company announced its plans to increase production capacity of its plant nutrient product to 30 thousand tons from 10,000 tons and expand its network branded retail stores. Shares were up 9.8% in pre-market trading.
Geron Corporation (GERN)
Shares were up 5.5% in pre-market trading after the company released positive safety and tolerability data from its trial of GRNVAC1 vaccine for patients with acute myelogenous leukemia
ARIAD Pharmaceuticals, Inc. (ARIA)
The company announced positive results data from a Phase 1 study of its AP24534 treatment for advanced hematological cancers late Monday. Shares were up 3.6% in pre-market trading Tuesday.
Kroger Co (KR)
Shares of the retailer fell 11.3% in pre-market trading after missing third-quarter expectations. The company reported a loss of $1.35 per share on revenue of $17.7 billion. Analysts had been expecting earnings of 37 cents per share on revenue of $17.68 billion.
Casey's General Stores Inc (CASY)
Despite beating second-quarter earnings expectations, shares of the convenience store operator were down 6.7% in pre-market trading. The company reported earnings of 66 cents per share while analysts had estimated earnings of 60 cents per share. Revenue however came in below expectations with the company reporting $1.15 billion, down 17% from the same period last year. Analysts had been expecting revenue of $1.2 billion.
Celgene Corp (CELG)
Shares were down 5% in pre-market trading Tuesday amid concerns that while trial data for cancer drug Revlimid were generally positive, certain parts were not as positive as expected by some analysts.
Early-Market Movers: Genworth, Ruth’s3Q income up for Dollar General
