NEW YORK (TheStreet) -- Amazon (AMZN) - Get Amazon.com, Inc. Report shares were rising 1% to $226.40 in premarket trading Wednesday as the online retail giant gets ready to launch its long-anticipated tablet computer.
Electronics manufacturing services provider
forecast first-quarter earnings of 62 cents to 70 cents a share on revenue of between $4.3 billion and $4.5 billion. The current consensus view is for profit of 61 cents a share on revenue of $4.41 billion in the quarter.
The company posted core earnings of $136.3 million, or 62 cents a share, on revenue of $4.28 billion for its fourth quarter,
the average estimate of analysts polled by
for a profit of 56 cents a share on revenue of $4.19 billion.
Shares were surging 9% to $18.95 in premarket trading Wednesday.
non-GAAP earnings of 30 cents to 33 cents a share for the fourth quarter on revenue ranging from $130 million to $134 million. Analysts are looking for a profit of 42 cents a share in the quarter on revenue of $145.4 million.
The Bedford, Mass.-based maker of infrastructure software reported third-quarter non-GAAP earnings that beat the average analysts' earnings per share view by 2 cents.
Shares were tumbling 7.3% to $17.98.
were tumbling 3.6% to $33.25 after the analog semiconductor devices provider announced the sale of 15 million Avago shares by certain shareholders to
Deutsche Bank Securities
, the underwriters in the public offering of those shares.
Payroll, human resource and benefits outsourcing solutions provider
reported first-quarter earnings of 41 cents a share, beating the average analyst estimate of 38 cents a share.
Shares were spiking 2.6% to $27.39 in premarket trading Wednesday.
Shares of apparel company
were falling 1.9% to $145.94 after the stock was cut to hold from buy at
Independent oil and natural gas company
agreed to sell certain East Texas natural gas properties to
for $231 million.
SandRidge plans to use the cash proceeds to fund a portion of its oil-focused drilling program. SandRidge expects the transaction to close in November.
Shares were rising 1.7% to $6.60.
posted first-quarter earnings of 78 cents a share, in line with analysts estimates.
Shares were falling 1.2% to $46.40.
Family Dollar Stores
is predicting full-year earnings of between $3.50 and $3.75 a share vs. the average analyst estimate of $3.58 a share.
The company forecasts earnings of 65 cents to 73 cents a share in the first quarter vs. the Wall Street consensus target of 66 cents a share.
Family Dollar reported fourth-quarter sales of $2.13 billion, in line with estimates, while profit came in at 66 cents a share vs. the average analyst estimate of 63 cents. Gross profit as a percentage of sales came in at 34% from 34.7% mainly because of stronger sales of lower-margin consumables.
Shares were down 1.2% to $53.52.
with an investment of more than $200 million.
The stock was rising 0.5% to $542.11.
-- Written by Andrea Tse in New York.
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