Alcatel-Lucent ( ALU) announced CEO Ben Verwaayen would be departing from his head position as of the French-U.S. telecommunications gear maker. Shares were rising more than 4% in premarket trades.

Media giant News Corp ( NWSA) reported earnings for its fiscal second quarter of 44 cents a share on revenue of $9.43 billion. Wall Street expected a profit of 42 cents a share on revenue of $9.28 billion. Shares closed higher by 1.5% on Tuesday, and slumped 4.3% in after hours.

Sprint ( S) shares were down 0.87% in premarket trades after the company reported a loss of 44 cents a share on revenue of $9.01 billion. Analysts were expecting 46 cents a share on $8.92 billion in revenue.

-- Written by Joe Deaux in New York.

>Contact by Email.

If you liked this article you might like

Forecast for S&P 500, Dow Industrials Remains Bullish, These Charts Show

Dow 20,000! It Should Mean Nothing to Investors, but Then Again...

Tradebird Investors Are Bullish on U.S. Stocks but Bearish on the Euro

Why Home Depot and Boeing Stock Fell Tuesday