Wall Street opened with hesitation on Friday as traders sort through two pairs of consumer economic data.
Here are some early-market movers for Friday.
Unica Corp. (NASDAQ: UNCA)
Shares of the software company soared 117.9% in pre-market trading after it was announced it would be acquired by IBM for $480 million or $21 per share.
Trubion Pharmaceuticals Inc. (NASDAQ: TRBN)
Shares surged 49.7% in pre-market trading after the company announced it would be acquired by Emergent BioSolutions in a deal valued at $96.8 million or $4.40 per share.
Spreadtrum Communications (NASDAQ: SPRD)
The semiconductor company beat second-quarter expectations with earnings of 34 cents per share on revenue of $71.4 million. Analysts had estimated earnings of 23 cents per share and revenue of $67.09 million. Shares climbed 8.7% in pre-market trading.
Nordstrom Inc (NYSE: JWN)
Shares of the retailer slipped 5.4% in pre-market trading Friday after posting second-quarter results late Thursday of 66 cents per share, in line with estimates. The company did show weak results in its growing discount-store channel which contributed to the pressure on shares.
Bally Technologies Inc (NYSE: BYI)
The casino gaming company reported earnings slightly below fourth-quarter expectations of 55 cents per share, one cent below estimates excluding items. Shared were down 5.4% in pre-market trading.
Eli Lilly & Co. (NYSE: LLY)
The company announced it lost a patent dispute over its attention-deficit hyperactivity disorder drug Strattera, which could lead to the development of a generic drug. Shares were down 4.4% in pre-market trading.