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Market Overview

Benzinga’s Top Pre-Market Gainers (LXK, ANN, CMI, XOM, CITP, CBAK)

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Lexmark International, Inc. (NYSE: LXK) increased 8.58% to $29.10 in the pre-market session. Lexmark International reported today a fourth-quarter net income of $59.8 million, or $0.76 per share, as compared to $18.1 million, or $0.23 per share, in the year-ago period. Analysts on an average had expected Lexmark International to report a profit of $0.62 per share. The 52-week trading range for LXK is $14.23 - $28.81. In the last six months, LXK has gained over 85%.

AnnTaylor Stores Corp. (NYSE: ANN) climbed 5.30% to $14.10 in the pre-market session. AnnTaylor Stores reported today that its fourth-quarter sales and gross margins were better than expected and that its earnings for the quarter will beat expectations. In the previous trading session, AnnTaylor Stores closed at $13.39. AnnTaylor Stores has surged over 172% in the last year.

Cummins Inc. (NYSE: CMI) jumped 5.20% to $49.38 in the pre-market session after Cummins reported today a fourth-quarter profit of $270 million, or $1.36 per share, as compared to $43 million, or $0.22 per share, for the same quarter last year. Sales increased to $3.4 billion from $3.29 billion in the year ago period. The 52-week trading range for CMI is $18.34 - $55.41. CMI closed at $46.94 in the last trading session.

Exxon Mobil Corporation (NYSE: XOM) moved up 0.79% to $66.70 in the pre-market session after Exxon Mobil was upgraded by Bank of America Merrill Lynch to buy from neutral. The 52-week trading range for XOM is $61.86 - $80.50. Exxon Mobil closed at $66.18 in the previous trading session.

COMSYS IT Partners, Inc. (NASDAQ: CITP) has surged 31.90% to $17.45 after Manpower Inc. (NYSE: MAN), announced today that it has entered into an agreement to acquire COMSYS IT Partners to accelerate its global strategy, scale and service in professional staffing and solutions. In the last trading session, COMSYS IT Partners closed at $13.23. The 52-week trading range for CITP is $1.82 - $13.65.

China BAK Battery Inc. (NASDAQ: CBAK) climbed 7.72% to $2.65. China BAK Battery announced today its plan for major investor relations activities in February. China BAK Battery closed at $2.46 in the last trading session. In the last year, CBAK has gained over 72%.

 

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Posted-In: Pre-Market Outlook Movers