Stocks to Watch: Cisco, AOL, Disney
"We're incredibly optimistic about our future, given the strength of our core brands, Disney, Pixar, Marvel, ESPN, and ABC, and our extraordinary ability to grow franchises across our businesses, such as The Avengers, which shattered domestic box office records with a $207.1 million opening weekend for a global performance of more than $702 million to date," said Robert Iger, the company's chairman and CEO.
Shares of Disney rose 41 cents, or 0.93%, in premarket trading Wednesday to $44.71.
The offer is equivalent to about $13 a share.
Shares of Human Genome Sciences ticked down 3 cents, or 0.21%, to $14.59 in premarket trading Wednesday.
Glaxosmithkline shares dropped 2.77% in premarket trading to $45.28.
Retailer Macy's(M) is expected by analysts to post quarterly earnings of 40 cents a share on revenue of $6.15 billion.
Macy's shares rose 1.24% in premarket trading Wednesday to $40.00.
Priceline.com(PCLN) , the online travel company, is expected to earn $3.95 a share in the first quarter on revenue of $1.04 billion, according to analysts.
Priceline's report is expected after the markets close Wednesday.
Shares of Priceline.com rose $4.30, or 0.6%, in premarket trading Wednesday to $720.50.
Green Mountain Coffee Roasters(GMCR) on Tuesday announced the replacement of its chairman, Robert Stiller, and lead director, William Davis, after the executives were forced to sell roughly 5.5 million Green Mountain shares because of margin calls.
The company called the sales "inconsistent" with its internal trading policies.
Shares of Green Mountain Coffee Roasters fell 2.65% to $25.68 in premarket trading Wednesday.
-- Written by Joseph Woelfel and Alexandra Zendrian