CareFusion Corporation (NYSE: CFN) plunged 8.95% to $23.20 in the early hour after the company expects to report adjusted second-quarter earnings of $0.41 to $0.45 a share. Analysts estimate the company to report second-quarter earnings $0.46 a share.
Akamai Technologies, Inc. (NASDAQ: AKAM) decreased 1.56% to $32.25 in the morning hour after the company introduced technology advancements for the rapidly evolving online entertainment industry in the areas of security and delivery, as well broader support for emerging business models.
Questcor Pharmaceuticals, Inc. (Public, NASDAQ:QCOR) climbed 8.63% to $42.31 in the early hour after the company announced the preliminary operating metrics for the fourth quarter 2011. Operating expenses for the fourth quarter are estimated to be in the range of 20-30% higher than the third quarter of 2011, reflecting the Company’s increased investment in sales and marketing and R&D activities for Acthar.
Netflix, Inc. (NASDAQ: NFLX) increased 3.64% to $89.38 in the early hour after the company launched in the United Kingdom and Ireland, offering instant and unlimited access to a broad range of entertainment for the low monthly price of 5.99 Pounds Sterling in the UK and euro 6.99 in Ireland.
Regions Financial Corporation (NYSE: RF) gained 3.17% to $4.55 in the early hour after the company said it is close to a deal to sell its Morgan Keegan & Co. unit to Raymond James Financial Inc. or Stifel Financial Corp. for roughly $1 billion.
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