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Pre Market Movers: July 13, 2011
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Pre Market Movers: July 13, 2011
Equity futures are pointing higher this morning with the Dow Jones Industrial Average looking to open 57 points higher while the broader S&P500 index is looking to open over 6 points higher. Moving fast in the pre-market session are shares of Transatlantic Holdings (NYSE:TRH) up 9% after Validus offered $3.5 billion for the company; Harbin Electric (NASDAQ:HRBN) up 8%; Clean Energy Fuels Corp (NASDAQ:CLNE) up over 6% a day after Chesapeake Energy (NYSE:CHK) said it would invest $150 million in the company; and Kinetic Concepts (NYSE:KCI) up 5% after the company announced it agreed to be acquired. Shares of CommonWealth REIT (NYSE:CWH) are down over 5% after the company priced its offering of 10 million common shares; and Trancept Pharmaceuticals (NASDAQ:TSPT) shares are down over 40% on news that it expects the FDA to reject its sleeping pill.
Video Length: 0
Date Found: July 14, 2011
Date Produced: July 14, 2011
View Count: 0
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