Pre-market movers on May 12 (FTK, SYMC, CVS, TJX, NRF, SVM, CSCO, NVDA, EMR, AUO, IAG)
The companies whose shares are moving in pre-market trade on Thursday are: Flotek Industries, Symantec Corp, CVS Caremark, TJX Companies, Northstar Realty Finance, Silvercorp Metals, Cisco Systems, Nvidia, Emerson Electric, AU Optronics and Iamgold Corp.
Flotek Industries, Inc. (NYSE:FTK) shares gained 3.9 percent to $9.60 in pre-market trading session. The company swung to first quarter net income of $5.5 million or $0.15 per share compared to net loss of $12.1 million or $0.60 per share in the same quarter last year.
Symantec Corp. (NASDAQ:SYMC) shares advanced 2.01 percent to $19.80 in pre-market trading session. The company reported fourth quarter net income of $297 million or $0.38 per share compared to $323 million or $0.40 per share in the last year and against analysts’ estimation of $0.36 per share.
CVS Caremark Corp. (NYSE:CVS) shares gained 1.15 percent to $37.93 in pre-market trading session. The stock has a 52 week low of $26.84 and 52 week high of $37.73 and has $50.85 billion market capitalization.
TJX Companies Inc. (NYSE:TJX) shares advanced 1.09 percent to $54.00 in pre-market trading session. RBC Capital raised their price target on shares of TJX to $60.00 from $56.00.
Northstar Realty Finance Corp. (NYSE:NRF) shares slumped 9.57 percent to $4.25 in pre-market trading session. The company announced the pricing of an underwritten public offering of 15 million shares of its common stock at a public offering price of $4.25 per share.
Silvercorp Metals Inc. (NYSE:SVM) shares plunged 5.97 percent to $10.24 in pre-market trading session. The company reported fourth quarter net income of $12.6 million or $0.07 per share compared to $9.8 million or $0.06 per share in the same quarter last year.
Cisco Systems Inc. (NASDAQ:CSCO) shares declined 3.94 percent to $17.07 in pre-market trading session. The company said on Wednesday that it would fare worse this quarter than Wall Street had feared and laid out plans for global job cuts as it struggles to revive growth. Excluding items, its third quarter net income rose to $2.3 billion or $0.42 per share compared to $2.5 billion or $0.42 per share in the same quarter last year.
Nvidia Corp. (NASDAQ:NVDA) shares declined 1.81 percent to $19.51 in pre-market trading session. The company is expected to report first quarter net income of $0.19 per share compared to $0.23 per share in the same quarter last year.
Emerson Electric Co. (NYSE:EMR) shares declined 1.45 percent to $53.70 in pre-market trading session. The stock has a 52 week low of $42.69 and 52 week high of $62.24 and has $40.96 billion market capitalization.
AU Optronics Corp. (NYSE:AUO) shares declined 1.11 percent to $8.00 in pre-market trading session.
Iamgold Corp. (NYSE:IAG) shares declined 0.78 percent to $19.05 in pre-market trading session as the company lowered its gold production guidance. For the full year, the company lowered its total gold production guidance to a range of 0.95 million to 1.05 million ounces compared to its prior estimation of 1.1 million to 1.2 million ounces. Its first quarter net income rose to $162.3 million or $0.41 per share compared to $60.2 million or $0.15 per share in the same quarter last year.
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