Assured Guaranty Ltd (NYSE: AGO) decreased 4.11% to $14.0 in the pre-market trading hours. Moody's Investors Service has lowered the Insurance Financial Strength rating of Assured Guaranty Municipal Corp to A2 from Aa3, the IFS rating of Assured Guaranty Corp to A3 from Aa3 and the IFS rating of Assured Guaranty Re Ltd to Baa1 from A1. The outlook for the ratings is stable.
NuPathe Inc (NASDAQ: PATH) among the performers and the stock soared 16.31% to $3.85 in the pre-market trading hours. The Company announced that U.S. Food and Drug Administration have approved Zecuity sumatriptan iontophoretic transdermal system for the acute treatment of migraine with or without aura in adults. Zecuity is a single-use, battery-powered patch that actively delivers sumatriptan, the most widely prescribed migraine medication, through the skin.
American Greetings Corporation (NYSE: AM) moved up 9.82% to $17.0 in the pre-market trading hours. The Company’s founding family increased its offer price to take the company private. The founding Weiss family and related parties offered $17.50 per American Greetings share, up from their previous offer of $17.18. The deal value will be around $553.7 million based on 31.6 million shares outstanding.
Intel Corporation (NASDAQ: INTC) moved down 6.22% to $21.27 in the pre-market trading hours. The Company issued first quarter and fiscal year 2013 outlook. The Company expects revenue to be low single-digit percentage increase for 2013. The Company expects revenue $12.7 billion, plus or minus $500 million for first quarter of 2013. However, analysts are expecting the Company to report revenue of $54.3 billion in fiscal 2013; revenue of $12.9 billion in first quarter of 2013.
Accuray Incorporated (NASDAQ: ARAY) closed at $5.14. The Company will report results for its second quarter of fiscal 2013 on February 6, 2013 after the market closes. Accuray Incorporated is a radiation oncology company that develops manufactures and sells personalized, innovative treatment solutions that set the standard of care with the aim of helping patients live longer, better lives.
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