Stock futures were indicating a lower opening after China raised its deposit-reserve ratio, elevating global economic growth concerns.
Here are some of the early market movers for Friday.
SkillSoft PLC (SKIL)
The e-learning software company agreed to be acquired by a group of private-equity firms for $1.1 billion. Shares gained 12.9% in pre-market trading.
Curis Inc (CRIS)
Shares were up 10% in pre-market trading after the drug company gave an update on its collaboration with Debiopharm saying it will receive an $8 million milestone payment after getting approval from France for a clinical trial of Hsp90.
Labopharm Inc. (DDSS)
Shares of the Canadian pharmaceutical company slumped 15.9% in pre-market trading after announcing an offering of $20 million public offering of common units.
Blue Nile Inc (NILE)
The online jewelry retailer posted fourth-quarter results late Thursday below expectations reporting earnings of 35 cents per share on revenue of $102.9 million. Analysts had estimated earnings of 38 cents per share and revenue of $106.23 million. Shares fell 13.8% in pre-market trading Friday.
eHealth Inc (EHTH)
The online insurance services company posted mixed fourth-quarter results late Thursday reporting non-GAAP earnings of 21 cents per share on revenue of $34.4 million. Analysts had estimated earnings of 16 cents per share and revenue of $35.6 million. The company lowered fiscal 2010 guidance below current expectations and the stock lost 13.3% in pre-market trading Friday.
Buffalo Wild Wings Inc (BWLD)
Shares were down 13% in pre-market trading Friday after announcing fourth-quarter results after the bell Thursday. The company reported earnings of 46 cents per share on revenue of $145 million. Analysts had estimated earnings of 51 cents per share and revenue of $148.84 million.
First Horizon closes down equity researchEarly-Market Movers: China Agritech, Novavax Inc
