(Premarket roundup updated with additional news and updated quotes)
NEW YORK ( TheStreet) -- Limited Brands(LTD) reported comparable store sales increase of 5% vs. the 4.6% increase that analysts were calling for. Buckle (BKE) said its same-store sales rose 6.1% vs. the 4.5% rise that analysts had expected.
A U.S. presidential commission criticized BP's (BP) contractors and regulators as well as BP for the Gulf of Mexico oil spill, saying that "better management by BP, Halliburton (HAL) and Transocean (RIG) would almost certainly have prevented the blow-out," the Associated Press reports. Following a dip, BP shares rose 2.2% to $47.50 in premarket trading. Transocean rose 0.9% to $73.90. Premarket quotes were unavailable for Halliburton, which fell 0.3% to $39.42 on Wednesday.
Small- to medium-size business lender CapitalSource (CSE) may be putting itself up for sale, according to the Wall Street Journal. Shares of CapitalSource are rising 2.3% to $7.50.
Reports say ARM (ARMH) has received the stamp of approval from Microsoft (MSFT) for its chip designs. Shares of ARM rose 8.4% to $23.72 in premarket trading; Microsoft was up 0.1% to $28.04.
Newport Beach, Calif.-based communications chip maker Mindspeed Technologies (MSPD) gave a disappointing revenue forecast because of weak demand from wireless customers.