Stock futures were down, but mostly flat, after July income’s gain of 0.2% came in slightly below expectations and July’s spending gain of 0.4% came in slightly above expectations.
Here are some early-market movers for Monday.
Cogent Inc. (NASDAQ: COGT)
Shares jumped 19.5% in pre-market trading after the fingerprint identification system manufacturer announced it had agreed to be acquired by 3M for $10.50 per share.
Emmis Communications Corporation (NASDAQ: EMMS)
JS Acquisition, Inc. announced it is extending its offer to purchase all outstanding shares of Emmis common stock for $2.40 per share in cash until 5:00 PM EST on Sept 2. Shares gained 8.8% in pre-market trading on the extension.
Genzyme Corp (NASDAQ: GENZ)
Ceragon Networks Ltd. (NASDAQ: CRNT)
The manufacturer of wireless backhaul networks announced it received new orders for its FibeAir platforms from a leading Indian operator sending shares up 3.7% in pre-market trading.
SunPower Corp. (NASDAQ: SPWRA)
Shares gained 2.1% in pre-market trading following the announcement that the company was selected to provide solar technology for multiple government facilities.
DG FastChannel Inc. (NASDAQ: DGIT)
The digital content delivery company lowered its earnings guidance for the rest of the year and announced a $30 million stock buy-back. Shares fell 18.5% in pre-market trading.