This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Deere, Frontline: Premarket Trading

Stocks in this article: TIF GILD SAP ORCL IRE DE FRO DB


NEW YORK ( TheStreet) --

Deere (DE) shares were flat at $76.41 in premarket trading Wednesday after the farm equipment maker swung to a profit in its fiscal fourth quarter, reporting net income of $457.2 million, or $1.07 a share.

The Wall Street consensus estimate for the quarter was earnings of 94 cents a share.


Shares of Frontline (FRO) were falling 4.1% to $26.61 as the company said it expects to see continued weakness in tanker rates amid an oversupply of ships and a still vulnerable economy.


Shares of Deutsche Bank (DB) were down 0.8% to $51.79. The company said cost-cutting activities for its global wealth-management operations were complete.


Tiffany (TIF) shares rose in premarket trading Wednesday as the luxury retailer reported that third-quarter net earnings rose 27% from a year earlier.

Tiffany shares rose $1.68, or 2.9%, to $59.95.


SAP's (SAP) American depositary receipts were falling 2.2% to $47.61 in premarket trading after the company was ordered by a court to pay rival Oracle (ORCL) $1.3 billion after losing a copyright infringement case.

Oracle shares were rising by 1.8% to $27.68. SAP said the verdict won't impact its full-year outlook.


Gilead Sciences (GILD) on Tuesday said that it asked the Food and Drug Administration to approve a single pill combining its Truvada HIV treatment and Tibotec Pharmaceuticals' HIV treatment. According to findings published in the New England Journal of Medicine, Gilead's Truvada drug reduces HIV risk by 44%.

According to Bloomberg, the findings could help the company add $1 billion to its revenue.

Shares of Gilead Sciences rose 52 cents, or 1.4%, to $37.50 in premarket trading Wednesday.


Bank of Ireland (IRE) shares were plunging by 23.5% to $1.30 in premarket trading on news that the Irish government could take control of the nation's last independent bank. The news came as Ireland seeks aid from the European Union for its troubled financial sector.


>>Search for Highest Dividends by Rate or Yield

More on Earnings
Today's Top Earnings
Earnings Calendar

-- Written by Andrea Tse in New York.



>To contact the writer of this article, click here: Andrea Tse.

>To follow the writer on Twitter, go to Andrea Tse.

>To submit a news tip, send an email to: tips@thestreet.com.

RELATED STORIES:




Copyright 2010 TheStreet.com Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs