Pre-market movers on Apr.25 (IGT, AMD, MU, TSO, PFE, NFLX, FE, KMB, RSH, FHN)
The companies whose shares are moving in pre-market trade on Monday are: International Game Technology, Advanced Micro Devices, Micron Technology, Tesoro Corp, Pfizer, Netflix, FirstEnergy, Kimberly-Clark Corp, RadioShack and First Horizon National.
International Game Technology (NYSE:IGT) shares climbed 8.94 percent to $17.79 in pre-market trading session as its second quarter profit rose more than 10 percent. Net profit rose to $69.6 million or $0.23 per share compared to $0.7 million in the same quarter last year. The company also raised its earnings outlook for fiscal 2011.
Advanced Micro Devices, Inc. (NYSE:AMD) shares advanced 1.61 percent to $8.85 in pre-market trading session. The company reported first quarter net income of $510 million or $0.68 per share compared to $257 million or $0.35 per share in the same quarter a year-ago.
Micron Technology Inc. (NASDAQ:MU) shares gained 1.48 percent to $11.69 in pre-market trading session.
Tesoro Corp. (NYSE:TSO) shares advanced 1.27 percent to $27.90 in pre-market trading session. The stock has a 52 week low of $10.40 and 52 week high of $28.74 and has $3.95 billion market capitalization.
Pfizer Inc. (NYSE:PFE) shares advanced 1.16 percent to $20.02 in pre-market trading session. The stock has a 52 week low of $14.00 and 52 week high of $20.88 and has $158.15 billion market capitalization.
Netflix Inc. (NASDAQ:NFLX) shares advanced 1.03 percent to $254.81 in pre-market trading session. The company is expected to report first quarter net income of $1.08 per share on revenue of $703.60 million after the closing bell on Monday.
FirstEnergy Corp. (NYSE:FE) shares plunged 6.64 percent to $36.30 in pre-market trading session.
Kimberly-Clark Corp. (NYSE:KMB) shares declined 3.56 percent to $63.70 in pre-market trading session after the company said its first quarter net income fell to $350 million or $0.86 per share compared to $384 million or $0.92 per share in the same quarter last year. The company also lowered its earnings forecast for fiscal 2011. It expects full year earnings to be in the range of $4.80 to $5.05 per share compared to its previous estimation of $4.90 to $5.05 per share, while analysts’ expects earnings of $4.95 a share.
RadioShack Corp. (NYSE:RSH) shares declined 3.10 percent to $15.34 in pre-market trading session after the company said its first quarter net profit declined to $35.1 million or $0.33 per share compared to $50.1 million or $0.39 per share in the same quarter last year.
First Horizon National Corp. (NYSE: FHN) shares declined 1.45 percent to $10.20 in pre-market trading session. The company swung to first quarter net profit of $40 million or $0.15 per share compared to a net loss of $27.6 million or $0.12 per share in the same quarter last year.
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