NEW YORK (

TheStreet

) --

First Solar

(FSLR) - Get Report

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.

>> First Solar Beats Whisper, Sells Key Project

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.

>> Dynegy Agrees to Icahn Buyout

Lexington Realty Trust

(LXP) - Get Report

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) - Get Report

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%.

>> Yahoo Confirms Plans to Cut 4% of Staff

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.

>>Joy Global Posts Profit Beat, Bookings Soar

Novartis

(NVS) - Get Report

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.

>> Novartis Buys Rest of Alcon Stake for $12.9B

>>Search for Highest Dividends by Rate or Yield

-- Written by Andrea Tse in New York.

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RELATED STORIES:

>> Yahoo Confirms Plans to Cut 4% of Staff

>>Joy Global Posts Profit Beat, Bookings Soar

>> Novartis Buys Rest of Alcon Stake for $12.9B

>> First Solar Beats Whisper, Sells Key Project

>> Dynegy Agrees to Icahn Buyout

>> Stock Futures: Dec. 15

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