The companies whose shares are moving in pre-market trade on Friday are: Sara Lee, Micron Technology, Bank of America, Amazon, Ford Motor and Carnival Corp.
Sara Lee Corp. (NYSE:SLE) shares gained 2.04 percent to $18.00 in pre-market trading session. The company announced that it will split the business into two parts by separating the Coffee and Meat businesses to market their product and find their actual and potential consumers.
Micron Technology Inc. (NASDAQ:MU) shares gained 1.32 percent to $10.73 in pre-market trading session. Jim Cramer said that company is scaling out of its dynamic random-access memory business that is dependent on sales of personal computers and into the fast-growing market for NAND flash, which is used in tablet devices.
Bank of America Corp. (NYSE:BAC) shares gained 0.66 percent to $13.76 in pre-market trading session. The company’s board of directors declared quarterly dividend of $0.01 on its common stock and $1.75 on the 7 percent Cumulative Redeemable Preferred Stock.
Amazon.com (NASDAQ:AMZN) shares plunged 8.36 percent to $169.03 in pre-market trading session. Its fourth quarter profit was $416 million or 91 cents a share, up from $384 million or 85 cents a share last year. Sales rose 36 percent to $12.95 billion. Analysts had expected profit of 88 cents a share on revenue of $12.98 billion.
Ford Motor Co. (NYSE:F) shares slumped 7.29 percent to $17.44 in pre-market trading session as its fourth quarter net income fell to $190 million or $0.05 per share, from $886 million or $0.25 per share in the same period a year-ago.
Carnival Corp. (NYSE:CCL) shares declined 1.06 percent to $45.77 in pre-market trading session.