Pre-Market Movers (Alcatel, RIM, ABB Ltd, Anheuser-Busch, Telefonica, Deutsche Bank, Tata Motors, Sony)
Alcatel Lucent, Research In Motion, ABB Ltd, Anheuser-Busch InBev, Telefonica, Deutsche Bank, Tata Motors and Sony Corp. are among the companies whose shares are moving in pre-market trading Friday.
Alcatel Lucent SA (ALU) stock climbed 18 percent to $1.18 in pre-market trading. The company is in talks with Goldman Sachs Group about obtaining a loan to strengthen the unprofitable network equipment vendor’s balance sheet, Bloomberg reported citing people familiar with the situation.
Research In Motion Ltd. (RIMM) stock climbed 16.47 percent to $11.93 in pre-market trading. National Bank analyst Kris Thompson Thursday boosted his price target on shares of RIMM to $15 from $12 and kept his rating at the equivalent of a buy.
ABB Ltd. (ABB) stock advanced 2.13 percent to $18.67 in pre-market trading. The stock has a 52-week low of $15.26, a 52-week high of $21.95 and $41.92 billion in market capitalization.
Anheuser-Busch InBev NV (BUD) stock advanced 1.90 percent to $86.72 in pre-market trading. The stock has a 52-week low of $56.00, a 52-week high of $91.21 and $136.13 billion in market capitalization.
Telefonica SA (TEF) stock gained 1.62 percent to $13.14 in pre-market trading. The stock has a 52-week low of $10.06, a 52-week high of $19.03 and $19.31 billion in market capitalization.
Deutsche Bank AG (DB) stock gained 1.58 percent to $42.97 in pre-market trading. The stock has a 52-week low of $27.03, a 52-week high of $52.54 and $39.17 billion in market capitalization.
Tata Motors Ltd. (TTM) stock declined 1.11 percent to $23.96 in pre-market trading. The stock has a 52-week low of $15.47, a 52-week high of $30.63 and $77.29 billion in market capitalization.
Sony Corp. (SNE) stock fell 1.09 percent to $9.97 in pre-market trading. Rating agency Fitch Thursday downgraded the debt rating of Sony to “junk” status, citing weakness in their consumer electronics and TV operations.
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