Carnival Corp, Arch Coal Inc, Anheuser-Busch InBev, Deutsche Bank AG, UBS AG, Telefonica S.A., Cliffs Natural Resources Inc and Chesapeake Energy Corp. are among the companies whose shares are moving in pre-market trading Wednesday.
Carnival Corp. (CCL) stock surged 2.91 percent to $38.16 in pre-market trading. The company reported the third quarter net profit of $1.33 billion or $1.71 per share, down from $1.34 billion or $1.69 per share in the same period last year but topped Reuters’ estimate of $1.44 per share.
Arch Coal Inc. (ACI) stock advanced 1.93 percent to $6.35 in pre-market trading. The company stock plunged more than 5 percent in regular trading Tuesday.
Anheuser-Busch InBev NV (BUD) stock advanced 1.31 percent to $87.59 in pre-market trading. The stock has a 52-week low of $51.28, a 52-week high of $88.79 and $138.30 billion in market capitalization.
Deutsche Bank AG (DB) stock plunged 2.49 percent to $40.40 in pre-market trading. European stocks plunged Wednesday as the lack of traction in delivering solutions to the regional financial crisis weighed on the sentiment. Large-scale protests against anti-austerity measures in Madrid increased uncertainty over the euro zone crisis and the governments' ability to tackle the financial crisis.
UBS AG (UBS) stock fell 1.35 percent to $12.46 in pre-market trading. The stock has a 52-week low of $9.78, a 52-week high of $14.78 and $47.34 billion in market capitalization.
Telefonica S.A. (TEF) stock declined 1.19 percent to $14.10 in pre-market trading. The company stock was downgraded to an “underperform” rating from “hold” rating at Jefferies Group Tuesday.
Cliffs Natural Resources Inc. (CLF) stock declined 1.08 percent to $38.54 in pre-market trading. The stock has a 52-week low of $32.25, a 52-week high of $78.85 and $5.55 billion in market capitalization.
Chesapeake Energy Corp. (CHK) stock declined 1.05 percent to $18.89 in pre-market trading. The company announced Monday that its Board of Directors had declared a $0.0875 per share quarterly dividend that would be paid Oct. 31 to common shareholders of record Oct 15.