Pre-Market Movers (Woodward, Aixtron, Google, Alcatel, IBM, Facebook, RF Micro Devices, KB Home, Ford Motor)
Woodward, Aixtron SE, Google, Alcatel Lucent, International Business Machines Corp, RF Micro Devices, Facebook, KB Home and Ford Motor Co. are among the companies whose shares are moving in the pre-market trading Wednesday.
Woodward Inc. (NASDAQ:WWD) stock climbed 8.47 percent to $42.50 in pre-market trading. The company reported first quarter net profit of $27.4 million or $0.39 per share compared to $28.4 million or $0.40 per share in the same period last year. Woodward also expects fiscal 2013 earnings to be in a range of $2.22 to $2.42 per share on revenues of $1.9 to $2.0 billion
Aixtron SE (NASDAQ:AIXG) stock climbed 7.06 percent to $14.40 in pre-market trading. The stock has a 52-week low of $11.21, a 52-week high of $19.44 and $1.36 billion in market capitalization.
Google Inc. (NASDAQ: GOOG) stock surged 5.05 percent to $738.33 in pre-market trading. Its fourth quarter net income rose to $2.9 billion or $8.62 per share from $2.7 billion or $8.22 per share in the same period last year. Adjusted net profit was $10.65 per share compared to $9.50 per share last year and above Reuters' estimation of $10.52 per share.
Alcatel Lucent SA (NYSE:ALU) stock climbed 5.33 percent to $1.78 in pre-market trading. du telecommunication service provider in the United Arab Emirates, has announced a partnership agreement with Alcatel to deploy the IP-routing technology to achieve convergence in its telecom services.
International Business Machines Corp. (NYSE:IBM) stock surged 4.04 percent to $204.00 in pre-market trading. Its fourth quarter net profit rose to $5.8 billion or $5.13 per share from $5.5 billion or $4.62 per share in the same quarter last year. Adjusted net profit was $5.39 per share, up from $4.71 per share last year and also topped Reuters' estimation of $5.25 per share. The company also expects fiscal 2013 earnings to be at least $16.70 per share compared to analysts’ estimation of a net profit of $16.57 per share.
RF Micro Devices, Inc. (NASDAQ:RFMD) stock gained 2.04 percent to $4.99 in pre-market trading. Its third quarter net loss narrowed to $1.44 million or $0.01 per share from $9.39 million or $0.03 per share in the same quarter last year.
Facebook Inc. (NASDAQ:FB) stock advanced 1.04 percent to $31.05 in pre-market trading. The stock has a 52-week low of $17.55, a 52-week high of $45.00 and $66.57 billion in market capitalization.
KB Home (NYSE:KBH) stock declined 2.63 percent to $16.66 in pre-market trading. The company announced Tuesday its intention to commence concurrent underwritten public offerings of $100 million of its common stock and $150 million in aggregate principal amount of convertible senior notes due 2019.
Ford Motor Co. (NYSE:F) stock fell 1.34 percent to $13.98 in pre-market trading. The stock has a 52-week low of $8.82, a 52-week high of $14.30 and $54.03 billion in market capitalization.
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