Stock futures were pointing to a lower opening as Chinese inflation concerns and European sovereign debt worries pressured domestic markets.
Here are some of the early-market movers for Tuesday.
China TransInfo Technology Corp (NASDAQ: CTFO)
The Chinese public transit technology company announced mixed third-quarter results late Monday beating estimates with earnings of 17 cents per share on revenue of $35 million.
Analysts had been expecting earnings of 19 cents per share and revenue of $31.7 million. Shares gained 6.3% in pre-market trading Tuesday.
Urban Outfitters (NASDAQ: URBN)
Shares of the retailer gained 5.4% in pre-market trading Tuesday after posting third-quarter results after the close Monday of earnings of 43 cents per share, beating estimates by a penny.
Revenue was up 13% at $573.6 million.
Health Systems Inc. (NYSE: UHS)
Shares of the health care facility operator sank 12% in pre-market trading after the Federal Trade Commission said it would have to divest 15 psychiatric facilities as part to gain approval of its acquisition Psychiatric Solutions Inc.
Netlist Inc (NASDAQ: NLST)
The computer memory manufacturer swung to a larger than expected third-quarter loss reporting a loss of 20 cents per share after the close Monday. Analysts had estimated a loss of 18 cents per share. The stock was trading down 10.8% in pre-market trading Tuesday.
Perfect World Co. (NASDAQ: PWRD)
The Chinese online game developer reported adjusted third-quarter earnings of 68 cents per share, beating estimates of 53 cents per share.
Despite the beat, shares were down 10.7% in pre-market trading Tuesday as the company’s profit dropped 26%.
RightNow Technologies Inc. (NASDAQ: RNOW)
The customer service software developer announced it will issue $125 million in 20-year convertible senior notes. Dilutive pressure had existing shares down 10.2% in pre-market trading.


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