The companies whose shares are moving in pre-market trade on Monday are: Nvidia, First Solar, Sara Lee, Micron Technology, Halliburton, Radioshack, Salesforce.com and Carnival Corp.
Nvidia Corp. (NASDAQ:NVDA) shares advanced 4.73 percent to $23.27 in pre-market trading session. Intel and Nvidia's legal case, which began with the former suing the latter in 2009 and subsequently being counter-sued, has reached a conclusion with Intel agreeing to pay Nvidia $1.5 billion to use its chip technology.
First Solar Inc. (NASDAQ:FSLR) shares advanced 2.09 percent to $150.49 in pre-market trading session. The firm was granted a license to build a US$1-billion thin-film solar panel plant in Vietnam’s Ho Chi Minh City.
Sara Lee Corp. (NYSE:SLE) shares advanced 1.60 percent to $19.00 in pre-market trading session on Monday on the news that a private equity group led by Apollo Global Management has submitted a takeover offer for the company which is higher than its current share price.
Micron Technology (NASDAQ:MU) shares advanced 1.65 percent to $10.00 in pre-market trading session. The company stock was upgrade to “buy” rating from a “neutral” rating at UBS on Friday.
Halliburton Co. (NYSE:HAL) shares advanced 1.05 percent to $39.60 in pre-market trading session, following its better-than-expected fourth quarter earnings. Its fourth-quarter profit rose to $605 million or $0.66 per share from $243 million or $0.27 per share in the same period a year ago.
Radioshack Corp. (NYSE:RSH) shares plunged 6.3 percent to $16.50 in pre-market trading session as the company’s fourth quarter guidance missed analysts’ estimate. The company announced that preliminary diluted earnings per share (EPS) for fourth quarter of 2010 are expected to be in the range of $0.50 to $0.54 against analysts’ estimation of $0.66.
Salesforce.com Inc. (NYSE:CRM) shares declined 3.40 percent to $127.75 in pre-market trading session after Barron’s said shares of the seller of online customer-relationship management programs may fall.
Carnival Corp. (NYSE:CCL) shares declined 1.17 percent to $45.58 in pre-market trading session.