NEW YORK ( TheStreet) -- First Solar ( FSLR) provided earnings 2011 guidance in the range of $8.75 to $9.50 a share, far exceeding the consensus estimate.

Shares of First Solar rose 3.2% to $141.36 in premarket trading Wednesday.


Dynegy ( DYN) agreed to be bought by Icahn Enterprises for $5.50 a share in cash, or about $665 million.

Dynegy shares rose 2.8% to $5.60 in early trading.


Lexington Realty Trust ( LXP ) said it will sell 10 million common shares in a public offering.

Shares of Lexington Realty tumbled 5% to $7.65.


Invesco Mortgage Capital ( IVR) plans to make a public offering of 8.7 million common shares.

Shares of Invesco fell 4.1% to $22.52.


Yahoo! ( YHOO) confirmed Tuesday it is laying off 4% of its work force, eliminating roughly 600 positions.

There were no premarket quotes available for Yahoo! Shares of the company settled at $16.63 Tuesday, down 0.4%.


Joy Global ( JOYG) topped analysts' estimates by reporting fourth-quarter net income of $146 million, or $1.39 a share, on a sales increase of 9%.

Shares of Joy Global rose 5.9% to $84.96 in premarket trading Wednesday.


Novartis ( NVS) will acquire the 23% of eye-care company Alcon ( ACL) it doesn't already own for $12.9 billion.

Novartis shares have risen 8.7% to $60.70 before the market open, while Alcon was up 2.6% to $166.60.

>>Search for Highest Dividends by Rate or Yield
More on Earnings
Today's Top Earnings
Earnings Calendar

-- Written by Andrea Tse in New York.

>To contact the writer of this article, click here: Andrea Tse.

>To follow the writer on Twitter, go to Andrea Tse.

>To submit a news tip, send an email to: tips@thestreet.com.

RELATED STORIES:






Copyright 2010 TheStreet.com Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

If you liked this article you might like

Equifax Breach Reveals Frightening Truth: Companies Can Delay Disclosing Hacks

How Alibaba's 'Genie' Smart Speaker Can Overcome the Amazon Echo's 3-Year Head Start and Still Win

Facebook, Apple, Netflix and Google Have Caught the Flu -- Here's How Not to Get Killed By It

How to Play the Coming 'FANG Flu'

Travis Kalanick and the Terrible, Horrible, No Good, Very Bad Week