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Benzinga’s Top Pre-Market Gainers (SNA, BKC, HDNG, AFFX, CYCC, KLIC, ENTG)

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Snap-on Incorporated (NYSE: SNA) increased 4.82% to $45 in the pre-market session. Snap-on Incorporated reported today a fourth-quarter net earnings of $36.6 million, or $0.63 per share, as compared to $58.6 million, or $1.01 per share, in the year-ago period. Net sales declined to $618.1 million as compared to $667.8 million for the same quarter last year. Analysts on an average expected SNA to report earnings of $0.56 per share, on sales of $618 million. The 52-week trading range for SNA is $20.51 - $44.96. In the last six months, SNA has gained over 17%.

Burger King Holdings, Inc. (NYSE: BKC) surged 4.29% to $18.25 in the pre-market session. Burger King Holdings reported today a second quarter profit of $50.2 million, or $0.37 per share, as compared to $44.3 million, or $0.33 per share, in the year-ago period. Total revenues were $645.4 million, as compared to $634.1 million in the year ago period. Analysts on an average expected BKC to report earnings of $0.34 per share on revenues of $634.4 million. The 52-week trading range for BKC is $15.61 - $24.10. BKC closed at $17.50 in the last trading session.

Hardinge Inc. (NASDAQ: HDNG) increased 52.92% to $8.38 in the pre-market session after Industrias Romi S.A. (Bovespa: ROMI3) announced today that it has submitted an all-cash offer to the Board of Directors of Hardinge Inc. to acquire all of the outstanding shares of Hardinge for $8.00 per share. The 52-week trading range for HDNG is $2.60 - $6.65. In the last six months, Hardinge has gained over 39%.

Affymetrix, Inc. (NASDAQ: AFFX) climbed 17.28% to $6.65 in the pre-market session after Affymetrix announced yesterday that for fiscal 2010, it expects to generate improved revenue growth and be profitable. According to Reuters Estimates, analysts are expecting AFFX to report revenue of $339.25 million and net profit of $(8.55) million for the same period. In the previous trading session, Affymetrix closed at $5.67. AFFX has surged over 78% in the last year.

Cyclacel Pharmaceuticals Inc. (NASDAQ: CYCC) jumped 19.70% to $2.37 in the pre-market session. The 52-week trading range for CYCC is $0.25 - $4.08. Cyclacel Pharmaceuticals closed at $1.98 in the last trading session. CYCC has surged over 85% in the last six months.

Kulicke and Soffa Industries Inc. (NASDAQ: KLIC) moved up 19.77% to $6.24 after Kulicke and Soffa Industries announced that for the second quarter, it expects revenue to be in between $140 million to $150 million. According to Reuters Estimates, analysts are expecting KLIC to report revenues of $99 million for the same period. The 52-week trading range for KLIC is $1.15 - $6.68. Kulicke and Soffa closed at $5.21 in the previous trading session.

Entegris, Inc. (NASDAQ: ENTG) surged 13.63% to $4.67 in the pre-market session. Entegris reported today a fourth-quarter net income of $10.12 million or $0.08 per share, as compared to a loss of $131.80 million or $1.18 per share for the same quarter last year. In the last trading session, ENTG closed at $4.11. Entegris has climbed over 8% in the last six months.

 

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