movers and shakers

Shares of Apollo Group Inc (NASDAQ: APOL) surged about 4.9% in pre-market trading after the company reported upbeat third-quarter results and projected FY11 revenue above estimates. Apollo expected FY11 consolidated revenue of $4.65 to $4.75 billion, versus analysts' estimates of $4.67 billion....

Shares of GSV Capital Corp (NASDAQ: GSVC) jumped about 24% after the company acquired 225,000 shares of privately-held Facebook for $6.6 million or $29.28 per share. GSVC shares surged 24.15% to $12.75 at 9:55am. Read more from Benzinga's Company news.

Shares of LDK Solar Co Ltd (NYSE: LDK) jumped about 8% after the company announced its plans to buyback up to $110 million of its American Depositary Shares (ADSs) in the open market or through privately negotiated transactions. LDK shares surged 8.08% to $7.36 at 9:55 am. Read more from Benzinga...

Shares of Micron Technology Inc (NASDAQ: MU) dipped more than 11% in pre-market trading after the company reported downbeat quarterly earnings and revenue. MU reported its FQ3 profit at $75 million, or $0.07 per share, compared with $939 million, or $1.06 per share, in the year-ago period. Its...

Shares of Tower Bancorp Inc (NASDAQ: TOBC) surged about 35% in pre-market trading after Susquehanna Bancshares Inc (NASDAQ: SUSQ) agreed to buy Tower Bancorp for $343 million in cash and stock, representing a 41% premium over Tower's closing stock price on Friday. Susquehanna expects the deal to...

Shares of Nabors Industries Ltd (NYSE: NBR) dropped about 3.2% in pre-market trading after the company projected Q2 operating profit to be in the range of $165 million to $170 million. NBR shares fell 3.25% to $23.25 in pre-market trading. Read more from Benzinga's Company news.

Shares of Silvercorp Metals Inc (NYSE: SVM) gained about 1.2% in pre-market trading after the company announced its plans to repurchase up to 5.7% of its outstanding shares from June 29, 2011 to June 28, 2012. SVM plans to acquire up to 10 million shares of its common stock over the next year....

Shares of ING Groep NV (NYSE: ING) gained more than 4% in pre-market trading after Capital One Financial Corp (NYSE: COF) agreed to purchase ING Direct from ING Groep for $9 billion in cash and stock. Capital One will pay $6.2 billion in cash and $2.8 billion in stock. As a part of the deal, ING...

Shares of Research In Motion Limited (NASDAQ: RIMM) tumbled about 15% in pre-market trading after the company cut its earnings forecast for the year and announced its plans to cut an unspecified number of jobs. RIMM reported its quarterly net income at $695 million, or $1.33 per share, versus a...

Shares of Finisar Corp (NASDAQ: FNSR) dipped about 17% in pre-market trading after the company issued downbeat projections for the first quarter. The company reported its Q4 earnings at $16.4 million, or $0.17 per share. Excluding one-time items, the company's earnings came in at $0.33 per share...

Shares of Diamond Foods Inc (NASDAQ: DMND) dropped around 2.7% after the company issued disappointing earnings forecast. Diamond Foods reported its quarterly profit at $7.7 million, or $0.34 per share, versus a loss of $4.3 million, or $0.22 per share, in the year-earlier period. Excluding one-...