NEW YORK (TheStreet) -- Fairchild Semiconductor International (FCS) was rising 0.4% to $19.25 in premarket trading Thursday after reporting first-quarter earnings of 39 cents a share, beating the average analyst estimate of 36 cents.

Buckeye Partners ( BPL), a master limited partnership in the oil and gas industry, was falling 3.4% to $59.35 after announcing it was selling 4.8 million limited partnership units.

The head of a Senate panel investigating the financial crisis is questioning the accuracy of testimony Goldman Sachs ( GS - Get Report) executives gave to Congress last year about whether the firm steered investors toward mortgage securities it knew would likely fail. Shares of Goldman Sachs were falling 1.4% to $157.90 in premarket trading Thursday.

Nokia ( NOK - Get Report) was falling 1.4% to $8.62 and Siemens ( SI) was down 1.6% to $133.42 as The Wall Street Journal reported the companies are considering selling a majority stake in their joint venture, Nokia Siemens Networks, amid losses and fewer customers.

Toymaker Hasbro ( HAS - Get Report) was falling 0.3% to $45.65 after reporting first-quarter earnings of 12 cents a share, falling short of the Wall Street consensus estimate of 17 cents a share.

Internet search giant Google ( GOOG - Get Report) was falling 0.2% to $575 ahead of its expected first-quarter earnings report of $8.10 a share after the markets close Thursday.

Oil giant BP ( BP - Get Report) was flat at $45.37 after saying Thursday it agreed with Rosneft, the Russian oil company, to extend the deadline for a $16 billion share swap agreement to May 16.

Grand Rapids, Mich.-based lumber company Universal Forest Products ( UFPI - Get Report) reported a surprise quarterly loss as sales slowed and winter storms hurt production.

Drug company Vical ( VICL) announced the issuance of a key patent for TransVax, the company's herpes vaccine.

Warner Music ( WMG) has decided to sell itself a whole rather than in parts, The Wall Street Journal reported.

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-- Written by Andrea Tse in New York.

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