The companies whose shares are moving in pre-market trade on Friday are: Big Lots, Tyco International, Tesoro, Ford Motor, Oracle, Expedia, Cephalon, Dean Foods and Kraft Foods.
Big Lots Inc. (NYSE:BIG) shares gained 2.06 percent to $41.61 in pre-market trading session. The stock has gained more than 34 percent in the last two months. The stock has a 52 week low of $27.82 and 52 week high of $41.42 and has $3.08 billion market capitalization.
Tyco International Ltd. (NYSE:TYC) shares gained 2.14 percent to $47.30 in pre-market trading session.
Tesoro Corp. (NYSE:TSO) shares gained 1.91 percent to $21.92 in pre-market trading session.
Ford Motor Co. (NYSE:F) shares gained 1.63 percent to $16.21 in pre-market trading session. The company announced on Thursday that it plans to reduce its debt by another $3 billion as it wants to aggressively strengthen its balance sheet and return to investment-grade status.
Oracle Corp. (NASDAQ:ORCL) shares advanced 1.56 percent to $33.78 in pre-market trading session. The stock has a 52 week low of $21.24 and 52 week high of $33.56 and has $168.04 billion market capitalization.
Expedia Inc. (NASDAQ:EXPE) shares plunged 13.39 percent to $22.25 in pre-market trading session. Its fourth quarter net income declined 41 percent to $7.4 million or $0.25 per share due to a higher effective tax rate and increased interest expense.
Cephalon Inc. (NASDAQ:CEPH) shares declined 3.26 percent to $58.15 in pre-market trading session. The company stock was downgraded to a “neutral” rating from “overweight” at Piper Jaffray.
Dean Foods Co. (NYSE:DF) shares declined 2.69 percent to $9.75 in pre-market trading session. The company stock was downgraded “market perform” rating from “outperform” rating at Wells Fargo.
Kraft Foods Inc. (NYSE:KFT) shares declined 2.60 percent to $30.30 in pre-market trading session. The company reported fourth quarter net profit fell 24 [percent to $540 million or $0.31 per share as costs related to acquisition of Cadbury in February 2010 in a deal worth £11.9 billion hurts the profit.