Pre-Market Movers (Spreadtrum, Dow Chemical, Fresenius Medical, General Motors, Credit Suisse, United Therapeutics, McDonald's, Titan International)

on February 26 2013 6:50 AM

 

Spreadtrum Communications, Dow Chemical, Fresenius Medical Care AG, General Motors, Credit Suisse Group, United Therapeutics, McDonald's Corp and Titan International Inc, are among the companies whose shares are moving in the pre-market trading Tuesday.

Spreadtrum Communications Inc. (NASDAQ:SPRD) stock surged 4.11 percent to $16.99 in pre-market trading. The company reported fourth quarter net profit of $0.47 per ADS compared to $0.66 per ADS in the same period last year. Quarterly revenues rose 5.7 percent to $203.1 million compared to $192.2 million last year and also topped analysts’ estimate of $196.33 million.

Dow Chemical Co. (NYSE:DOW) stock rose 3.17 percent to $31.61 in pre-market trading. The stock has a 52-week low of $27.45, a 52-week high of $36.08 and $36.90 billion in market capitalization.

Fresenius Medical Care AG & Co. (NYSE:FMS) stock gained 3.13 percent to $34.63 in pre-market trading. The company reported fourth quarter net profit of $0.84 per share, down from $1.02 per share in the same period last year but topped analysts’ estimate of $0.51 per share.

General Motors Co. (NYSE:GM) stock climbed higher by 2.54 percent to $27.00 in pre-market trading. The stock has a 52-week low of $18.72, a 52-week high of $30.68 and $35.98 billion in market capitalization.

Credit Suisse Group AG (NYSE:CS) stock advanced 1.38 percent to $27.19 in pre-market trading. The company stock plunged more than 5 percent in regular trading Monday.

United Therapeutics Corp. (NASDAQ:UTHR) stock inched higher by 1.32 percent to $58.42 in pre-market trading. Its fourth quarter net profit rose to $83.3 million or $1.65 per share from $43.2 million or $0.79 per share in the same quarter last year. Revenues rose to $243.8 million from $195.2 million last year.

McDonald's Corp. (NYSE:MCD) stock posted 1.29 percent gain to $97.38 in pre-market trading. The stock has a 52-week low of $83.31, a 52-week high of $100.76 and $96.52 billion in market capitalization.

Titan International Inc. (NYSE:TWI) stock slumped 6.01 percent to $23.46 in pre-market trading. The company posted fourth quarter net loss of $3.5 million or $0.07 per share compared to a net profit of $14.5 million or $0.29 per share in the same period last year. Adjusted profit was $0.09 per share, down from $0.37 per share last year and also widely misses analysts’ estimate of $0.47 per share.

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