As concern over European financial companies, amid concern that stress tests understated banks’ holdings of sovereign debt pushed financial shares lower. Bank of America Corp. (NYSE:BAC, $13.50, +$0.22, 1.66%) fell 1.04 percent to $13.36 on Tuesday morning pre-market trading session, while last week on Friday, shares of Bank of America rose 1.66 percent, closed on $13.50 and BofA dropped 3.3 percent in the past one month trading and Citigroup Inc. (NYSE:C, $3.91, +$0.30, 0.77%) dropped 1.02 percent to $3.87 on Tuesday morning pre-market trading session, while last week on Friday, Citigroup shares jumped 0.77 percent, closed on $3.91.
ResCare, Inc. said it agreed to be acquired from Toronto-based investment firm Onex Corp. Toronto-based Onex will pay of $13.25 per share as part of a share exchange deal announced Tuesday. Res-Care, Inc. (NASDAQ:RSCR, $12.45, +$0.07, 0.57%) rose 6.59 percent to $13.27 on Tuesday morning pre-market trading session, even last week on Friday, shares of Res-Care climbed 0.57 percent, closed on $12.45.
The database software maker, Oracle Corp. hired former Hewlett-Packard Co. Chief Executive Officer Mark Hurd as a co-president and board member. Oracle Corporation (NASDAQ:ORCL, $22.92, +$0.44, 1.96%) jumped 7.64 percent to $24.67 on Tuesday morning pre-market trading session, even last week on Friday, Oracle shares were up 1.96 percent, closed on $22.92.
Casey’s General Stores, Inc. on Tuesday reported a decline in profit for the first quarter, net income fell to $37.29 million, or 73 cents per share, compared from $44.19 million, or 87 cents per share, in the same quarter a year earlier. Revenue rose 14.3 percent to $1.36 billion from $1.19 billion. Casey’s General Stores, Inc. (NASDAQ:CASY, $38.90, +$0.2, 0.52%) rose 8.48 percent to $42.20 on Tuesday morning pre-market trading session, even last week on Friday, shares of Casey’s General Stores climbed 0.52 percent, closed on $38.90.
Idenix Pharmaceuticals said on Tuesday that U.S. regulators are placing two of its hepatitis C drug programs on hold over safety concerns. Idenix Pharmaceuticals, Inc. (NASDAQ:IDIX, $5.99, +$0.06, 1.01%) dropped 50.42 percent to $2.97 on Tuesday morning pre-market trading session, while last week on Friday, Idenix shares jumped 1.01 percent, closed on $5.99.
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