The companies whose shares are moving in pre-market trade on Tuesday are: Paychex, WYNN Resorts, Beam Inc, Express Scripts, Sprint Nextel Corp, Carnival Corp, Weyerhaeuser Co, Safe Bulkers, Urban Outfitters and Urban Outfitters.
Paychex Inc. (PAYX) stock climbed 7.8 percent to $34.01 in pre-market trading session. The stock has a 52-week low of $25.12, a 52-week high of $33.71 and $11.43 billion in market capitalization.
WYNN Resorts Ltd. (WYNN) stock gained 2.5 percent to $124.10 in pre-market trading. Universal Entertainment Corp, and its subsidiary Aruze USA, Inc., Tuesday filed a Counterclaim against Steve Wynn, Wynn Resorts, an officer of Wynn Resorts, and the individual members of the Wynn Resorts Board, to prevent the unjust and improper redemption of shares owned by Aruze USA, Inc., at a 30 percent discount, and to seek damages, punitive damages and treble damages.
Beam Inc. (BEAM) shares advanced 2.02 percent to $57.12 in pre-market session.
Express Scripts Inc. (ESRX) stock advanced 2 percent to $54.50 in pre-market trading. ESRX and Medco Health Solutions Inc. (MHS) announced that they are working with the Federal Trade Commission to secure approval for their $29 billion merger deal, which will be completed by the earlier part of the second quarter of 2012.
Sprint Nextel Corp. (S) stock gained 1.84 percent to $2.77 in pre-market session. The stock has a 52-week low of $2.10, a 52-week high of $6.45 and $8.15 billion in market capitalization.
Carnival Corp. (CCL) stock gained 1.75 percent to $31.42 in pre-market session. The company stock upgraded to outperform rating from underperform rating at BNP Paribas.
Weyerhaeuser Co. (WY) stock gained 1.4 percent to $21.70 in pre-market trading. The stock has a 52-week low of $14.82, a 52-week high of $25.25 and $11.49 billion in market capitalization.
Safe Bulkers Inc. (SB) shares slumped 10.07 percent to $6.43 in pre-market trading session. The company announced Monday that it plans to offer 5,000,000 shares of its common stock to the offering.
Urban Outfitters, Inc. (URBN) stock plunged 6.07 percent to $27.72 in pre-market trading. Its fourth quarter net profit declined to $39.3 million or $0.27 per share from $75.2 million or $0.45 per share in the same period last year, while analysts' expected net income of $0.29 per share.
Tangoe, Inc. (TNGO) stock plunged 4.77 percent to $17.55 in pre-market trading. The company filed a registration with the U.S.Securities and Exchange to sell a total of 8,000,000 shares of common stock.