Investors are becoming increasingly concerned about the fate of Knight Capital Group, pushing its stock price closer to $2 in premarket trading Friday
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Category : Stocks
NEW YORK — Hewlett-Packard, the computer and printer maker, reported above-consensus quarterly results on Wednesday and unveiled plans to cut 27,000 jobs, or 8% of its work force.
HP reported fiscal second-quarter non-GAAP earnings of 98 cents a share on revenue of $30.7 billion. Analysts were looking for earnings of 91 cents a share on revenue of $29.91 billion.
Shares of HP rose 10.06% in premarket trading Thursday to $23.20. …
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See the original post: Stocks to Watch: HP, Costco, Tiffany (Update 1)
Category : Business
Computer maker Dell’s stock plunged more than 13% in premarket trading Wednesday, following an earnings miss and forecasts that fell below expectations.
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Category : Stocks
NEW YORK (TheStreet) — Facebook shares continued their slide before market open on Tuesday as the social networker prepared for its second full day of trading as a public company.
Shares of Facebook, which made an eagerly anticipated and eventful public debut on Friday, slipped 2.73% to $33.10 on Tuesday. The company’s stock closed down 10.99% at $34.03 on Monday, well below its IPO price of $38 and Friday’s $45 intraday high.
Facebook was also one of the most active premarket Nasdaq stocks on share volume of 831,514. The Menlo Park, Calif.-based firm’s IPO was the largest ever offering from a tech company. …
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Read more: Facebook, Sirius, Dell: Premarket Movers
Category : World News
Some Internet stocks deemed to be Facebook-related (FB) plays are rallying yet again in premarket trading, as expectations grow for a major post-IPO pop. QPSA +10%. ZNGA +1.7%. RENN +1.3% 
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Go here to read the rest: Some Internet stocks deemed to be Facebook-related (FB) plays are rallying yet again in premarket trading, as expectations grow for a major post-IPO pop. [[QPSA]] +10%. [[ZNGA]] +1.7%. [[RENN]] +1.3%
Category : Stocks
Shares of Foot Locker (FL) pick up more steam in premarket trading following the company’s solid earnings beat, and are now up 12.8%. Key margin gains and sales momentum appear to be the rallying points for investors. Post your comment!
Here is the original post: Shares of Foot Locker (FL) pick up more steam in premarket trading following the company’s solid earnings beat, and are now up 12.8%. Key margin gains and sales momentum appear to be the rallying points for investors.