Pre-market movers on June 23 (BMY, RHT, PFE, BBBY, WAG, LEN, CAG, NBR, EXPE, HES)
The companies whose shares are moving in pre-market trade on Thursday are: Bristol Myers Squibb, Red Hat, Pfizer, Bed Bath & Beyond, Walgreen, Lennar, Conagra Foods, Nabors Industries, Expedia and Hess Corp.
Bristol Myers Squibb Co. (NYSE:BMY) shares surged 7.43percent to $29.80 in pre-market trading session. Pfizer and Bristol-Myers Squibb plan to file for regulatory approval of their apixaban drug by the end of the year after a successful Phase III trial involving 18,206 patients.
Red Hat Inc. (NYSE:RHT) shares gained 4.53 percent to $45.70 in pre-market trading session. The company reported first quarter net income of $32.5 million or $0.17 per share compared to $24.1 million or $0.12 per share in the same quarter last year.
Pfizer Inc. (NYSE:PFE) shares advanced 4.54 percent to $21.17 in pre-market trading session. Pfizer and Bristol-Myers Squibb plan to file for regulatory approval of their apixaban drug by the end of the year after a successful Phase III trial involving 18,206 patients.
Bed Bath & Beyond Inc. (NASDAQ:BBBY) shares advanced 2.39 percent to $55.35 in pre-market trading session. The company reported first-quarter net income of $180.6 million or $0.72 per share compared to $137.6 million or $0.52 per share in the same quarter last year.
For the second quarter of 2011, the company expects earnings to be in the range of $0.77 to $0.82 per share against analysts’ estimation of $0.82 per share.
Walgreen Co. (NYSE:WAG) shares gained 1.34 percent to $43.22 in pre-market trading session. The stock has a 52 week low of $26.26 and 52 week high of $47.11 and has $39.04 billion market capitalization.
Lennar Corp. (NYSE:LEN) shares advanced 2.15 percent to $18.49 in pre-market trading session. The company reported second quarter net income of $13.79 million or $0.07 per share compared to $39.72 million or $0.21 per share in the same quarter last year, while analysts’ expected a net income of $0.04 per share.
Conagra Foods Inc. (NYSE:CAG) shares declined 3.19 percent to $24.61 in pre-market trading session. Its fourth quarter net income surged to $254.9 million or $0.61 per share compared to $90.6 million or $0.20 per share in the same quarter last year.
Nabors Industries Ltd. (NYSE:NBR) shares declined 2.45 percent to $23.52 in pre-market trading session.
Expedia Inc. (NASDAQ:EXPE) shares declined 2.21 percent to $27.45 in pre-market trading session. The company announced a new multi-year global partnership agreement with Kempinski Hotels.
Hess Corp. (NYSE:HES) shares declined 1.92 percent to $70.05 in pre-market trading session. The stock has a 52 week low of $48.71 and 52 week high of $87.40 and has $24.24 billion market capitalization.
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