Pre-Market Movers (Alcatel, RIM, ABB Ltd, Anheuser-Busch, Telefonica, Deutsche Bank, Tata Motors, Sony)

on November 23 2012 6:30 AM
Research In Motion
When the CEO of Research in Motion introduced the BlackBerry 10 on Wednesday, he also announced the company will be known henceforth as BlackBerry, chucking its corporate name in use since 1984. Reuters

Alcatel Lucent, Research In Motion, ABB Ltd, Anheuser-Busch InBev, Telefonica, Deutsche Bank, Tata Motors and Sony Corp. are among the companies whose shares are moving in pre-market trading Friday.

Alcatel Lucent SA (ALU) stock climbed 18 percent to $1.18 in pre-market trading. The company is in talks with Goldman Sachs Group about obtaining a loan to strengthen the unprofitable network equipment vendor’s balance sheet, Bloomberg reported citing people familiar with the situation.

Research In Motion Ltd. (RIMM) stock climbed 16.47 percent to $11.93 in pre-market trading. National Bank analyst Kris Thompson Thursday boosted his price target on shares of RIMM to $15 from $12 and kept his rating at the equivalent of a buy.

ABB Ltd. (ABB) stock advanced 2.13 percent to $18.67 in pre-market trading. The stock has a 52-week low of $15.26, a 52-week high of $21.95 and $41.92 billion in market capitalization.

Anheuser-Busch InBev NV (BUD) stock advanced 1.90 percent to $86.72 in pre-market trading. The stock has a 52-week low of $56.00, a 52-week high of $91.21 and $136.13 billion in market capitalization.

Telefonica SA (TEF) stock gained 1.62 percent to $13.14 in pre-market trading. The stock has a 52-week low of $10.06, a 52-week high of $19.03 and $19.31 billion in market capitalization.

Deutsche Bank AG (DB) stock gained 1.58 percent to $42.97 in pre-market trading. The stock has a 52-week low of $27.03, a 52-week high of $52.54 and $39.17 billion in market capitalization.

Tata Motors Ltd. (TTM) stock declined 1.11 percent to $23.96 in pre-market trading.  The stock has a 52-week low of $15.47, a 52-week high of $30.63 and $77.29 billion in market capitalization.

Sony Corp. (SNE) stock fell 1.09 percent to $9.97 in pre-market trading. Rating agency Fitch Thursday downgraded the debt rating of Sony to “junk” status, citing weakness in their consumer electronics and TV operations.

More News from IBT MEDIA