Pre-Market Movers (Sothebys, Whole Foods Market, Cognizant, Amerisafe, STMicroelectronics N.V., Cobalt International, 3D Systems Corporation, Symantec, AEGON)

on May 08 2013 7:47 AM

Sothebys, Whole Foods Market Inc, Amerisafe Inc., Cognizant Technology Solutions Corp, STMicroelectronics N.V., Cobalt International Energy, 3D Systems Corporation, Symantec Corporation and AEGON N.V., are among the companies whose shares are moving in the pre-market trading on Wednesday.

Gainers

Sothebys (NYSE:BID) stock climbed 8.22 percent to $37.80 in pre-market trading. The company stock has a 52-week low of $27.43, a 52-week high of $40.49 and $ 2.37 billion in market capitalization.

Whole Foods Market Inc. (NASDAQ:WFM) stock gained 6.79 percent to $99.10 in pre-market trading. The company reported second quarter EPS of $0.76, $0.03 better than the analysts' estimate of $0.73. Revenues for the quarter met analysts' forecast of $3.03 billion.

Amerisafe Inc. (NASDAQ:AMSF) stock surged 6.35 percent to $35.86 in pre-market trading. The company stock has a 52-week low of $22.00, a 52-week high of $36.15 and $620.09 million in market capitalization.

Cognizant Technology Solutions Corp.  (NASDAQ:CTSH) stock gained 4.69 percent to $67.92 in pre-market trading. The company announced 17 percent growth in first quarter earnings and a double-digit percentage jump in revenue. Cognizant also raised its share buyback authorization by $500 million to $1.5 billion. For the quarter, Cognizant reported a profit of $284.2 million, or $0.93 a share, versus $243.7 million, or $0.79 a share reported in the same period last year. Revenues rose 18% to $2.02 billion. For the first quarter, the company had forecast earnings of $1.01 a share on revenues of $1.88 billion.

STMicroelectronics N.V. (NYSE:STM) advanced 2.48 percent to $9.10 in pre-market trading. The company stock has a 52-week low of $4.51, a 52-week high of $9.09 and $7.89 billion in market capitalization.

Losers

Cobalt International Energy Inc. (NYSE:CIE) stock plunged 6.88 percent to $26.80 in pre-market trading.  The company announced that it has commenced a registered underwritten public offering of 50,000,000 shares of its common stock, all of which will be offered by selling stockholders that are affiliates of First Reserve, Goldman, Sachs & Co., Riverstone Holdings LLC, The Carlyle Group, and KERN Partners Ltd.

3D Systems Corporation (NYSE:DDD) stock declined 4.86 percent to $40.55 in pre-market trading. The company announced Tuesday that it is conducting an underwritten public offering of approximately $250 million in common stock.  The company stock has a 52-week low of $17.04, a 52-week high of $47.99 and $6.49 billion in market capitalization.

Symantec Corporation (NASDAQ:SYMC) stock lost 4.78 percent to $23.90 in pre-market trading. The security software maker’s profit for the fiscal fourth quarter dropped 66 percent to $188 million, or $0.26 a share from $559 million, or $0.76 a share, a year earlier. Revenues increased 4% to $1.75 billion. Analysts polled by Thomson Reuters had projected earnings of $0.38 on revenues of $1.73 million.

AEGON N.V.  (NYSE:AEG) dropped 4.68 percent to $6.52 in pre-market trading. The company stock has a 52-week low of $3.93, a 52-week high of $6.95 and $13.06 billion in market capitalization.

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