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

Broadsoft: Premarket Trading

NEW YORK ( TheStreet) -- Broadsoft(BSFT), the Gaithersburg, Md.-based maker of networking software, was surging 18.9% in premarket trading Tuesday after it reported strong earnings and revenue growth for its fiscal fourth quarter.

Shares of Philadelphia-based specialty retailer Urban Outfitters (URBN) were falling 13.9% in premarket trading Tuesday after reporting fourth-quarter earnings that fell short of Wall Street's expectations.

San Francisco-based biotech company Exelixis (EXEL) was falling 5.2% after saying that it is looking to replenish its coffers with a share offering that will increase its outstanding stock by at least 11%.

Sportswear company Dick's Sporting Goods (DKS) was rising 1.9% after reporting fourth-quarter earnings of 76 cents a share, beating Wall Street's estimate by 4 cents a share.

U.S. lender Bank of America (BAC) was rising 1.5% ahead of its first analyst meeting since February 2007 on Tuesday.

Drug company Pharmasset (VRUS) was rising 1.4% on a BMO report that said the company's hepatitis C treatment appeared to be successful in more than 90% of patients tested.

Wireless technology firm Qualcomm (QCOM) was lower by 1.4% in premarket trading Tuesday after announcing that it raised its quarterly dividend by 13% to 21.5 cents a share.

Aerospace giant Boeing (BA) was rising 0.8% after announcing that it has won a $10 billion order from two airlines in China.

Fast-food chain McDonald's (MCD) was falling 0.6% after reporting global comparable sales growth of 3.9% in February.

Starbucks (SBUX) was up 0.3% after a company executive said coffee company will begin offering instant coffee packets in China, making it not only a coffee chain in the country, but also a consumer packaged-goods company there, The Wall Street Journal reported.

Oil giants ConocoPhillips (COP), Exxon Mobil (XOM) and BP (BP) were down 0.1%, 0.3%, 0.9%, respectively, as they halted trading with embattled Libya.

Nuts, popcorn and chips company Diamond Foods (DMND) is expected to report second-quarter earnings of 89 cents a share after the markets close Tuesday.

>>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 $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 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