Northern, WI 5/4/12 (StreetBeat) -- Shares of the following companies made notable moves in U.S. premarket trading Friday:Gainers
DigitalGlobe Inc. (NYSE: DGI +13.46%) rallied 29% after GeoEye Inc. (Nasdaq: GEOY +3.00%) said it proposed to acquire the satellite imagery company in a cash-and-stock deal valued at $792.3 million. GeoEye’s price of $17 a share amounts to a premium of 26% over DigitalGlobe’s closing price of $13.52 on Thursday. GeoEye shares rose 4%.
LinkedIn Corp. (NYSE: LNKD +8.16%) jumped 10% after the firm’s latest quarterly financial report soared past Wall Street forecasts. LinkedIn said it expects second-quarter revenue of $210 million to $215 million, ahead of the analyst estimate of $208 million in a survey by FactSet Research.
Decliners
Body Central Corp. (Nasdaq: BODY -43.53%) shares sank 36% after the apparel retailer’s profit outlook fell short of expectations. The company expects second-quarter earnings of 26 cents to 28 cents a share on $80 million to $82 million in sales. A consensus estimate from Thomson Reuters pegs earnings at 36 cents a share on sales of $87 million.
Synergy Pharmaceuticals Inc. (Nasdaq: SGYP -21.27%) shares dropped 23% after the developer of drugs to treat gastrointestinal disorders said it had priced a public offering of 10 million shares of common stock at $4.50 a share, which was below Thursday’s closing price of $5.69.
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