AT&T (T - Get Report) said Friday it received more than 200,000 preorders for Apple's (AAPL) iPhone 4S in 12 hours. AT&T shares were rising 1.6% to $28.88 in premarket trading Monday.
Jerry Yang, Yahoo!'s (YHOO - Get Report) co-founder and former CEO, is interested in a deal with private-equity firms that would take the Internet company private, Reuters reported, citing people familiar with the situation. Yahoo! shares rose 4.3% to $16.14.
Scotts Miracle-Gro (SMG - Get Report) expects fiscal 2011 sales to decline 2% because of a drop in consumer purchases during September. The sales shortfall, coupled with associated gross margin pressure, likely will result in adjusted net earnings in a range of $2.70 to $2.75 a share, the company said. Analysts surveyed by Thomson Reuters expect fiscal 2011 earnings from Scotts of $2.98 a share. There was no premarket activity in shares of Scotts. -- Written by Joseph Woelfel >To contact the writer of this article, click here: Joseph Woelfel >To submit a news tip, send an email to: firstname.lastname@example.org.