Pre Market Movers: June 15, 2011

Published on Thu, 06/16/2011 - 08:39
By FNNO Staff in General Interest, business, finance, investing, movers, pre market, stock, trading, Pre-Market Action
business, finance, investing, movers, pre market, stock, trading

Equity futures are pointing lower this morning with the Dow Jones Industrial Average looking to open 60 points lower while the broader S&P500 index is looking to open nearly 6 points lower. Moving fast in the pre-market sessions are shares of MediaMind Technologies up over 37% on news that DG FastChannel will purchase the company for $418 million; Southern Union up 17% on news that Energy Transfer will buy the company for $4.2 billion; and Youku.com up 10% following an upgrade to conviction buy at Goldman Sachs. Shares of Finisar are trading 17% lower following weaker-than-expected Q1 guidance.

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

By FNNO Staff
fnnonline@gmail.com

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