Pre Market Movers: June 1, 2011

Published on Wed, 06/01/2011 - 08:45
By FNNO Staff in General Interest, business, comtex, DJI, income, investment, Market, news, shares, smartrend, stocks, trade, update, Pre-Market Action

Equity futures are pointing lower this morning with the Dow Jones Industrial Average (DJI) looking to open 17 points lower while the broader S&P500 index is looking to open nearly 2 points lower. Moving fast in the pre-market session are shares of Telvent GIT SA up over 15% on news that Schneider plans to buy the company for $2 billion. Shares of Nokia are down over 8% after the company lowered its Q2 forecast and abandoned its 2011 profit goals; shares of Cheniere Energy are down over 10% after the company announced a public offering of common stock; and shares of American Superconductor are down over 11% after the company said it would delay its annual report.

Stay tuned for additional breaking information on these and other top stories from FNNO.

By FNNO Staff
fnnonline@gmail.com

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