US Markets continued higher yesterday on mixed economic data and positive earnings. Jobless claims came in lower while durable goods orders were not so jolly. Also, a few large tech names helped fuel some optimism.
Here are a few of today’s most active stocks trading pre-market:
1) Accenture Plc. (NYSE:ACN): Shares of the management consulting, technology services and outsourcing company are up $2.76 or 5.31% after announcing a fiscal Q2 earnings rise of 26%. The report topped analyst expectations on surging revenue and increased margins. The company also raised guidance for the year.
2) Research In Motion Ltd. (NASDAQ:RIMM): Shares of the designer, manufacturer and marketer of wireless solutions for the worldwide mobile communications market are down $6.42 or 10.01% after reporting earnings that edged above the street’s estimates. However, the company issued forecasts below expectations. Apple (NASDAQ:AAPL) CEO Steve Jobs must be grinning ear-to-ear.
3) The Wet Seal Inc. (NASDAQ:WTSLA): Shares of the national specialty retailer operating stores selling fashionable and contemporary apparel and accessory items designed for female customers are up $0.20 or 5.63% after issuing revenue guidance for the current quarter above analyst estimates. However, fiscal Q4 earnings fell.
4) Acacia Research Corp. (NASDAQ:ACTG): Shares of the company that acquires, develops, licenses and enforces patented technologies are down $1.43 or 4.26% after announcing a new issuance of common stock. The company plans to put at least 5 million new shares into the market in an effort to raise capital for corporate purposes.
In addition to looking at individual stocks, you should also take a look at whether the Commodities Bull Market is Signaling A Pause?
Keep these stocks on your watch list for today’s trading. Good luck out there!