Technology shares are higher in pre-bell trading.
Among technology stocks news today, Agilent Technologies (
) shares are up 11% as it says it plans to separate into two
publicly traded companies: one in life sciences, diagnostics and
applied markets that will retain the Agilent name, and the other
that will be comprised of Agilent's current portfolio of electronic
The separation is expected to occur through a tax-free pro rata
spinoff of the EM company to Agilent shareholders.
And, IHS Inc. (
) reported Q3 adjusted EPS of $1.27, on revenues of $480.3 million.
Analysts expected EPS of $1.18 and revenues of $468 million.
Year-ago adjusted EPS was $1.20, on revenues of $385.6 million.
For FY 2013, the company expects adjusted EPS of $4.75 to $5.00
and revenues of $1.80 billion to $1.82 billion. Analysts are
expecting EPS of $4.88 and revenues of $1.8 billion. IHS is flat at
Finally, Take-Two Interactive Software (
) shares are up 4% in pre-market trade, retreating from an early
high of 18.65. The company reported yesterday its retail sales for
its Grand Theft Auto game were more than $800 million.
Today, Take-Two said shareholders voted in new directors and
agreed to increase the shares in the stock incentive plan.
Shareholders also approved the compensation for executive officers
and named Ernst & Young as its auditor.
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