Wall Street shares are poised to move higher Thursday and G-III Apparel Group Ltd (NASDAD:GIII), the clothing group, added over 6% to US$47 in before the New York bell deals.
It came as the group raised its full year 2019 guidance for EPS (earnings per share) to between US$2.45 and US$2.55 compared to US$2.20 and US$2.30 previously.
Its sales in the second quarter came in at US$624.7mln versus consensus estimates of US$590mln.
Another stock to catch attention was the media company CBS (NYSE:CBS). Its shares jumped slightly, but later fell back on reports that its board is in settlement talks with CEO Les Moonves, who has been offered a US$100mln exit package in the wake of harrassment allegations.
Also in pre-market on Thursday, BioCryst Pharmaceuticals Inc (NASDAQ:BCRX) shares advanced over 5% to US$7.99.
It came after news that it has won a US$35mln, five-year contract from the Centers for Disease Control and Prevention for up to 50,000 doses of its antiviral flu therapy Rapivab.
BioCryst wins $35 mln contract from CDC for up to 50K doses of antivirall flu therapy: This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit https://t.co/1DJr4zRTyV or the quote page… https://t.co/9Uw711F6lE
— Binary Options Pro (@binary8options) 6 September 2018
Netflix (NASDAQ:NFLX), the streaming and program making behemoth, saw shares were also up in pre-market, having dived over 6% in the previous session.
Meanwhile, ProQR Therapeutics NV (NASDAQ:PRQR) shares plunged almost 13% before the bell to US$15.30 after it reported an offering of US$75mln.
Also in the news, AeroVironment Inc (NASDAQ:AVAV) shares gained 5.6% to US$92.45 after the tech group posted a second-quarter earnings beat.
The technology company earned US$0.85 per share, beating analysts' estimates of US$0.29 per share. The company put US$0.26 of its earnings into a litigation settlement gain.
-- updated with addition of CBS stock move --