Pre-market movers on Mar.2 (YHOO, NEM, DOW, MMI, CCL, XLNX, TXN, MET, HCN, EOG)
The companies whose shares are moving in pre-market trade on Wednesday are: Yahoo, Newmont Mining, The Dow Chemical, Motorola Mobility Holdings, Carnival Corp, Xilinx, Texas Instruments, MetLife, Health Care and Eog Resources.
Yahoo! Inc. (NASDAQ:YHOO) shares gained 4.35 percent to $16.87 in pre-market trading session. The company is in talks to dispose of its 35 percent stake in its Japanese joint venture with Softbank Corp., Bloomberg reported citing people familiar with the matter. The talks focus on transferring its stake in Yahoo Japan Corp. to Softbank, confirming an earlier Reuters report.
Newmont Mining Corp. (NYSE:NEM) shares advanced 2.75 percent to $57.63 in pre-market trading session.
The Dow Chemical Co. (NYSE:DOW) shares advanced 1.74 percent to $36.77 in pre-market trading session. The company intends to invest $100 million in its internally pitched projects to reduce greenhouse gas (GHG) emissions and improve energy efficiency.
Motorola Mobility Holdings, Inc. (NYSE:MMI) shares gained 1.69 percent to $30.00 in pre-market trading session.
Carnival Corp. (NYSE:CCL) shares advanced 1.4 percent to $40.64 in pre-market trading session. The stock has a 52 week low of $29.68 and 52 week high of $48.14 and has $32.96 billion market capitalization.
Xilinx Inc. (NASDAQ:XLNX) shares advanced 1.16 percent to $33.08 in pre-market trading session.
Texas Instruments Inc. (NYSE:TXN) shares advanced 1.09 percent to $35.38 in pre-market trading session. The company stock was upgraded to “overweight” rating from “neutral” rating at JPMorgan.
MetLife, Inc. (NYSE:MET) shares declined 3.34 percent to $44.50 in pre-market trading session. The company announced plans to offer 68,570,000 shares of its common stock to the public.
Health Care REIT Inc. (NYSE:HCN) shares declined 1.71 percent to $49.98 in pre-market trading session. The company announced the pricing of its concurrent underwritten public offerings of 25.0 million shares of its common stock at $49.25 per share and $625 million of 6.5 percent cumulative convertible perpetual preferred stock.
Eog Resources Inc. (NYSE:EOG) shares declined 1.09 percent to $106.75 in pre-market trading session. The company announced on Monday that it plans a public offering of nearly 12 million shares.
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