Pre-market movers on May 18 (SFE, JAG, ADI, ANF, NYX, TIE, BJ, TGT, NVDA, HPQ, APOL)
The companies whose shares are moving in pre-market trade on Wednesday are: Safeguard Scientifics, Jaguar Mining, Analog Devices, Abercrombie & Fitch, NYSE Euronext, Titanium Metals, BJ's Wholesale Club, Target, Nvidia, Hewlett-Packard and Apollo Group.
Safeguard Scientifics, Inc. (NYSE:SFE) shares climbed 10.24 percent to $21.20 in pre-market trading session. The company announced that its life sciences partner company Advanced BioHealing, Inc. has signed a definitive agreement to be acquired by Shire plc.
Jaguar Mining Inc. (NYSE:JAG) shares surged 7.66 percent to $4.64 in pre-market trading session. The company reported first quarter net income of US$3.72 million or $0.04 per share compared to $26.82 million or $0.31 per share in the same quarter last year. Gold sales rose to $55.14 million compared to $40.67 million in the same period last year.
Analog Devices, Inc. (NYSE:ADI) shares gained 4.40 percent to $42.00 in pre-market trading session. Its second quarter net income surged to $241.8 million or $0.78 per share from $167.1 million or $0.55 per share in the same quarter last year.
Abercrombie & Fitch Co. (NYSE:ANF) shares advanced 3.18 percent to $75.50 in pre-market trading session. The company swung to first quarter net income of $25.14 million or $0.28 per share compared to net loss of $11.83 million or $0.13 per share in the same quarter last year.
NYSE Euronext (NYSE:NYX) shares advanced 1.48 percent to $35.01 in pre-market trading session. The company stock was downgraded to “hold” rating from “buy” rating at Argus.
Titanium Metals Corp. (NYSE:TIE) shares gained 2.09 percent to $19.52 in pre-market trading session. The company board voted to resume its regular quarterly dividend of $0.75 per share.
BJ's Wholesale Club, Inc. (NYSE:BJ) shares advanced 1.58 percent to $52.10 in pre-market trading session. The company reported first quarter net income of $33.67 million or $0.63 per share compared to $26.09 million or $0.50 per share in the same quarter last year.
Target Corp. (NYSE:TGT) shares advanced 1.42 percent to $51.50 in pre-market trading session. Its first quarter net income rose to $689 million or $0.99 per share compared to $671 million or $0.90 per share in the same quarter last year.
Nvidia Corp. (NASDAQ:NVDA) shares advanced 1.42 percent to $17.88 in pre-market trading session. The stock has a 52 week low of $8.65 and 52 week high of $26.17 and has $10.49 billion market capitalization.
Hewlett-Packard Co. (NYSE:HPQ) shares declined 0.43 percent to $36.75 in pre-market trading session. The company stock was downgraded to “neutral” rating from “overweight” rating at J.P. Morgan.
Apollo Group Inc. (NASDAQ:APOL) shares plunged 5.75 percent to $39.00 in pre-market trading session.
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