ASML, Lululemon: Premarket Trading
NEW YORK (TheStreet) -- ASML (ASML) - Get Report, the Dutch maker of semiconductor equipment, said it expects fourth-quarter bookings above ¿2 billion ($2.66 billion) as it is seeing stronger-than-expected demand for lithography equipment.
Shares of the company have jumped 4.4% to $36.73 in premarket trading.
>>ASML Sees 4Q Bookings Above $2.66B
Lululemon
(LULU) - Get Report
said third-quarter net income increased 82% to $25.7 million, or 36 cents a share, from $14.1 million, or 20 cents a share, the year before. Revenue jumped 56% to $175.8 million. The numbers exceeded analysts' expectations.
Lululemon shares were jumping by 8.4% to $60.36 in premarket trading.
Morgan Stanley
(MS) - Get Report
has told executives to budget about 10% to 25% less for bonuses this year, the
Wall Street Journal
reports, citing a person familiar with the matter.
There were no premarket quotes for Morgan Stanley. The stock closed up 3.2% to $26.47 Wednesday.
>>Morgan Stanley to Trim Bonuses: Report
swung to a fiscal second-quarter profit of $143.7 million, or 86 cents a share, from a year-earlier loss as pork prices rose.
There were no premarket quotes for Smithfield Foods. Shares of Smithfield Foods finished 0.1% to $17.70 Wednesday.
>>Smithfield Profits From Higher Pork Prices
>>Search for Highest Dividends by Rate or Yield
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-- Written by Andrea Tse in New York.
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