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Early-Market Movers: IMS Health, Whole Foods Market

 
By Michael Goldstein
Reuters
     

    Stock futures were in the green as traders digest the better-than-expected initial jobless claims report. 

    Here are some of the early-market movers for Thursday.

    IMS Health Inc (RX)

    Shares were up 16% in pre-market trading after the company announced it was close to finalizing a deal to sell itself to TPG Capital LP in a deal valued at nearly $4 billion. 

    Trico Marine Services, Inc. (TRMA) 

    Citing strength in undersea operations, Trico posted strong third-quarter results reporting earnings of 36 cents per share on revenue of $190 million. Revenue was up from $180 million in the previous quarter. Shares were trading up 12.7% in pre-market trading. 

    Fuel Systems Solutions Inc (FSYS) 

    The company beat the Street with third-quarter results reporting earnings of 88 cents per share on revenue of $116.2 million. Analysts had been expecting earnings of 43 cents per share on revenue of $104.3 million. Shares were up 12.4% in pre-market trading. 

    ON Semiconductor Corp. (ONNN) 

    Shares of the semiconductor company were up 9% in pre-market trading after posting third-quarter results that beat analyst estimates. The company reported non-GAAP earnings of16 cents per share on revenue of $472.9 million. Analysts had been expecting earnings of 10 cents per share on revenue of $454.91 million. The company also raised their guidance for the fourth quarter above current analyst estimates. 

    American Eagle Outfitters, Inc. (NYSE) 

    Weak sales numbers for October have the stock down 9.6% in pre-market trading. The company reported a 5% drop in sales for October from the same period last year. 

    Whole Foods Market Inc (WFMI

    Despite reporting third-quarter earnings above analyst estimates late Wednesday, shares of the upscale grocer were down 9.2% in pre-market trading Wednesday after the company lowered its 2010 guidance below current expectations. For the third-quarter the company reported earnings of 20 cents per share while the Street was expecting 18 cents per share.

     
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