Shares of Aeropostale were tumbling 7.3% to $22.84 after the mall-based seller of casual apparel said it expects inflationary pressures to hit its bottom line in fiscal 2011.Oil and gas company Valero Energy was surging 6.2% to $27.95 in premarket trading Friday after peer Chevron agreed to sell the company its Pembroke Refinery and other downstream assets in the U.K. and Ireland. Chevron was falling 1.5% to $97.55.
Emeryville, Calif.-based restaurant operator Jamba Juice posted a wider-than-expected loss.
Clearwire CEO Bill Morrow resigned from his role for personal reasons, according to the 4G specialist, which appointed chairman John Stanton as his interim replacement on Thursday.
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