Pre-market movers on May 11 (CT, M, RST, NTAP, CCL, MGIC, AYR, DIS, MCP, AIXG).
Capital Trust, Inc. (NYSE:CT) shares climbed 9.98 percent to $5.40 in pre-market trading session. The company reported first quarter net income of $254.6 million or $11.35 per share.
Macy's, Inc. (NYSE:M) shares surged 4.63 percent to $27.55 in pre-market trading session after reporting better-than-expected first quarter earnings. First quarter net profit surged to $131 million or $0.30 per share from $23 million or $0.05 per share in the same quarter last year. The company raised its full year guidance to a range of $2.40 to $2.45 per share compared to its prior estimation of $2.25 to $2.30 per share.
Rosetta Stone Inc. (NYSE:RST) shares advanced 4.27 percent to $14.89 in pre-market trading session. Jefferies reiterated a "hold" rating on shares of RST.
Netapp Inc. (NASDAQ:NTAP) shares advanced 2.01 percent to $55.30 in pre-market trading session.
Carnival Corp. (NYSE:CCL) shares advanced 1.08 percent to $41.04 in pre-market trading session.
Magic Software Enterprises Ltd. (NASDAQ:MGIC) shares advanced 2.28 percent to $5.82 in pre-market trading session. The company today announced the launch of its new uniPaaS offering for mobile deployment of enterprise applications.
Aircastle Ltd. (NYSE:AYR) shares plunged 5.55 percent to $12.94 in pre-rmarket trading session. The company announced that it was informed by funds managed by affiliates of Fortress Investment Group LLC that such funds are offering 5,000,000 common shares pursuant to Aircastle's shelf registration statement which was previously filed with the Securities and Exchange Commission.
Walt Disney Co. (NYSE:DIS) shares declined 3.39 percent to $42.42 in pre-market trading session. Its second quarter net profit declined to $942 million or $0.49 per share compared to $953 million or $0.48 per share in the same quarter last year.
Molycorp, Inc. (NYSE:MCP) shares declined 3.94 percent to $63.85 in pre-market trading session as its first quarter earnings fell short of expectations. Excluding items, the company reported first quarter net income of $0.8 million or $0.01 per share against analysts' estimation of $0.10 per share.
Aixtron AG (NASDAQ:AIXG) shares declined 2.36 percent to $39.73 in pre-market trading session. The company was downgraded to "sell" rating from "hold" rating at Canaccord Genuity.
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|Publication:||International Business Times - US ed.|
|Date:||May 11, 2011|
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