This Day On The Street
Continue to site
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

Bank of America: Premarket Trading

(Premarket story updated with Bank of America news and share price information.)
NEW YORK ( TheStreet) -- Bank of America (BAC - Get Report) has joined several other financial institutions in refusing to handle payments for WikiLeaks, the latest blow to the secret-releasing organization's efforts to continue operating under pressure from governments and the corporate world.

Bank of America shares were down 0.24% in premarket trading to $12.60.

Novartis (NVS - Get Report) plans to build a new drug manufacturing plant in St. Petersburg, Russia, as part of a five-year plan to invest $500 million in the country.

Shares of the Swiss pharmaceutical company rose 0.12% to $58.81 in premarket trading.

Jabil Circuit (JBL - Get Report) is set to release its fourth-quarter earnings report Monday after the markets close. Analysts expect the electronics company to report earnings of 54 cents a share, up from 32 cents a share a year earlier.

Jabil Circuit closed at $17.47 on Friday.

Darden Restaurants (DRI - Get Report) is expected to report its fourth quarter earnings Monday. Analysts are expecting earnings of 54 cents a share, up from 43 cents a share in the same quarter a year earlier.

Shares closed at $49.89 on Friday and were up 0.62% to $50.20 in premarket trading Monday.

Google (GOOG - Get Report) has asked TV makers to delay their debut of sets featuring new software so it can make refinements, the New York Times reports, citing people familiar with the search giant's plans.

Shares of the company were up 0.46%, or $2.70, to $593.50 in premarket trading Monday.

EBay (EBAY) announced on Monday it has agreed to acquire brands4friends, a Germany online shopping club, for $200 million in cash.

Shares of eBay rose 0.27%, or 8 cents, to $29.90 in premarket trading.

Adobe (ADBE - Get Report) is is scheduled to release its fourth-quarter earnings after the market closes Monday. Analysts expect earnings to come in at 52 cents a share, up from 39 cents a share in the same period a year earlier.

Shares of Adobe were down 0.35% to $28.69.

Raytheon (RTN - Get Report) signed an agreement to buy Applied Signal Technology (APSG) for $38 a share, or about $490 million.

Applied Signal shares closed Friday at $35.02, making the deal's price almost a 9% premium. Shares were up $2.83, or 8.08%, to $37.85 in premarket trading Monday.

Raytheon closed Friday at $45.17.
More on Earnings
Today's Top Earnings
Earnings Calendar

-- Written by Theresa McCabe in Boston.

>To contact the writer of this article, click here: Theresa McCabe.

>To follow the writer on Twitter, go to @TheresaMcCabe.

>To submit a news tip, send an email to:


Disclosure: TheStreet's editorial policy prohibits staff editors and reporters from holding positions in any individual stocks.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
ADBE $94.22 0.00%
BAC $14.56 0.00%
EBAY $24.43 0.00%
DRI $62.25 0.00%
GOOG $693.01 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs