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

Marathon Oil, Infosys: Premarket Trading

NEW YORK ( TheStreet) -- Marathon Oil (MRO) said Thursday it is moving forward with plans to spin off its downstream business, creating two independent energy companies.

Shares of Marathon Oil were surging by 12.3% to $45.51 in premarket trading Thursday.

Infosys (INFY), India's second-largest exporter of software, said earnings in the third quarter rose, but the result came in weaker than expected because of a strong rupee.

Shares of the company tumbled by 6.1% to $72 in premarket trading Thursday.

American International Group (AIG) Wednesday moved a step closer to completing its massive recapitalization at the end of this week.

Shares of AIG rose 0.6% to $58.72 in premarket trading.

Williams-Sonoma( WSM ) raised its fourth-quarter earnings and sales guidance following strong sales over the holiday period.

Williams-Sonoma shares rose 1.2% to $ 34.60 in premarket trading.

DragonWave (DRWI) swung to a loss in its latest quarter.

No premarket quotes were available for DragonWave. The stock finished Wednesday's trading session at $8.66, down 2.3%.

EXFO (EXFO) topped its own expectations for its fiscal first quarter.

No premarket quotes were available for EXFO. Shares of the company ended Wednesday at $7.57, up 5.3%.

American Capital Agency (AGNC) said it expects earnings to exceed $1.20 a share for the fourth quarter; the average estimate of analysts polled by Thomson Reuters is for a profit of $1.29 a share in the December period.

Shares of the company fell 2.7% to $28.87 in premarket trading.

Portugal's successful bond sale and dividend buzz generated by a Wells Fargo analyst report and comments from JPMorgan Chase (JPM) CEO Jamie Dimon about the bank's plans to eventually lift its payout gave sentiment about the financial sector a boost.

JPMorgan edged up 0.6% to $44.96, while Citigroup (C) was higher by 0.4% to $5.10.

>>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:


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 This material may not be published, broadcast, rewritten, or redistributed.

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
AAPL $95.18 1.64%
FB $117.43 -0.96%
GOOG $692.36 -0.84%
TSLA $232.32 -3.92%
YHOO $36.01 -1.42%


Chart of I:DJI
DOW 17,750.91 -140.25 -0.78%
S&P 500 2,063.37 -18.06 -0.87%
NASDAQ 4,763.2240 -54.37 -1.13%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs