NEW YORK --
Tiffany & Co.
, the upscale jewelry retailer, said Thursday that third-quarter profit fell 30%, missing analysts' estimates, and it reduced its outlook for the full year.
Tiffany shares fell 11% to $56.87 in premarket trading Thursday.
Research In Motion
rose 12% to $12.43 in premarket trading after the BlackBerry maker's shares were upgraded to buy from neutral at
is expected to earn 43 cents a share in the third quarter, up from 33 cents a year earlier, on revenue of $21.62 billion.
The stock rose 4% to $26.05 in premarket trading.
Barnes & Noble
, the book seller, is slated to report its third-quarter results before the opening bell, and analysts are calling for a loss of 11 cents a share on revenue of $1.91 billion.
The stock rose 1.9% to $16.35.
Other companies expected to report earnings Thursday include
Cracker Barrel Old Country Store
Christopher & Banks
Pacific Sunwear of California
, the media giant, announced Wednesday a 25% boost to its annual dividend, bringing the payout of 75 cents a share.
The stock rose 0.8% in premarket trading to $49.60.
provided Wednesday fourth-quarter earnings guidance of 36 cents to 41 cents a share, well below the consensus view for a profit of 54 cents a share.
Aeropostale shares fell 9.4% to $12.80.
is in talks with
about a possible capital injection to help it bolster its balance sheet,
The Wall Street Journal
reported, citing people familiar with the discussions.
said Wednesday it agreed to acquire Israeli software company
for $30 a share, or $650 million.
Retalix shares fell 0.5% in premarket trading to $29.35.
-- Written by Joseph Woelfel
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