The companies whose shares are moving in pre-market trade on Tuesday are: Sandisk, ProLogis, Urban Outfitters, Newmont Mining, Ford Motor, Avon Products, Akamai Technologies, Genworth Financial, Nyse Euronext and Sara Lee.
Sandisk Corp. (NASDAQ:SNDK) shares advanced 1.67 percent to $48.60 in pre-market trading session. The company stock was upgraded to “buy” rating from “neutral” rating at Sterne Agee.
ProLogis (NYSE:PLD) shares gained 1.27 percent to $15.18 in pre-market trading session. The stock has a 52 week low of $9.15 and 52 week high of $16.52 and has $8.53 billion market capitalization.
Urban Outfitters Inc. (NASDAQ:URBN) shares gained 1.11 percent to $35.50 in pre-market trading session. The stock has a 52 week low of $29.03 and 52 week high of $40.84 and has $5.67 billion market capitalization.
Newmont Mining Corp. (NYSE:NEM) shares gained 1.01 percent to $57.73 in pre-market trading session. The company expects to more than double its African gold production to 1.2 million ounces by 2015, driven by its projects in Ghana.
Ford Motor Co. (NYSE:F) shares gained 0.93 percent to $16.26 in pre-market trading session. The company said last week that it would increase its first quarter 2011 production by 13 percent.
Avon Products Inc. (NYSE:AVP) shares declined 4.09 percent to $28.15 in pre-market trading session. Its fourth quarter net income fell to $220 million or $0.50 per share, down from $268 million or $0.62 per share in the same period a year-ago.
Akamai Technologies Inc. (NASDAQ:AKAM) shares declined 2.93 percent to $46.00 in pre-market trading hours. The company is due to report its fourth quarter earnings on Wednesday. Analysts expect the company to report quarter earnings per share of $0.38 from $0.46 last year.
Genworth Financial Inc. (NYSE:GNW) shares declined 1.31 percent to $12.83 in pre-market trading session. The stock has a 52 week low of $10.26 and 52 week high of $19.36 and has $6.36 billion market capitalization.
Nyse Euronext (NYSE:NYX) shares declined 1.39 percent to $32.80 in pre-market trading session. It announced that the Board of Directors declared a cash dividend of $0.30 per share for the first quarter of 2011.
Sara Lee Corp. (NYSE:SLE) shares declined 1.30 percent to $16.70 in pre-market trading session. Its second quarter profit more than doubled to $882 million or $1.37 per share, from $376 million or $0.53 per share in the same period a year-ago. But sales dipped to $2.35 billion from $2.36 billion last year and against analysts’ estimation of $2.9 billion.