ASML, Lululemon: Premarket Trading

ASML expects fourth-quarter bookings above $2.66 billion as it sees stronger-than-expected demand for lithography equipment.
By Andrea Tse ,


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

Smithfield Foods (SFD)

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

-- Written by Andrea Tse in New York.

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>>Morgan Stanley to Trim Bonuses: Report

>>ASML Sees 4Q Bookings Above $2.66B

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