26.09.2013 14:53:50

Pre-market Movers For Sept 26 (FB, HTZ, LLY, FLOW, USAK, KBIO, WPRT)

(RTTNews) - Gainers:

Facebook, Inc. (FB) is up 1 percent to $50.14.

Flow International Corp. (FLOW) is gaining 7 percent to $4.01 as it has agreed to be acquired by American Industrial Partners in a deal valued over $200 million.

USA Truck, Inc. (USAK) is jumping 38 percent to $9.00. Knight Transportation, Inc.(KNX) has proposed to acquire all of the outstanding shares of the company for $9 per share in cash. Including the approximate $147 million of USA Truck's debt, the deal is valued at about $242 million.

Decliners:

Hertz Global Holdings, Inc. (HTZ) is slumping 11 percent to $22.95. The company lowered its adjusted earnings and revenue guidance for the full-year 2013, citing weaker-than-anticipated volume in Hertz brand in the U.S. airport car rental market.

Eli Lilly and Co. (LLY) is down 4 percent to $50.59. The company announced that the Phase III study of ramucirumab in women with locally recurrent or metastatic breast cancer, ROSE, did not meet its primary endpoint of progression-free survival. The company also stated that RAINBOW trial, a Phase III study of ramucirumab in combination with paclitaxel in patients with advanced gastric cancer met both primary and secondary endpoints.

KaloBios Pharmaceuticals, Inc. (KBIO) is down 8 percent to $4.22. The company announced the pricing of 7.50 million shares of its common stock at $4.00 per share.

Trading halt:

Trading in shares of Westport Innovations Inc. (WPRT) was halted. The company announced that it will offer 6 million common shares at a price of $25.39 per share, for gross proceeds of $152.34 million.

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Aktien in diesem Artikel

Eli Lilly 857,50 -0,14% Eli Lilly
Meta Platforms (ex Facebook) 607,80 0,81% Meta Platforms (ex Facebook)