Pre-Open Movers 6/18: Lindsay Corp (LNN) Lower After Results, Fifth Third (FITB) Sinks on Capital...

More News related to Special Reports ) 26% LOWER; reports Q3 EPS of $1.15, 7 cents lower than the analyst estimate of $1.22. Revenues for the quarter were $143.6 million, versus the consensus of $137.27 million. MF Global (NYSE: MF) 15% LOWER; intends to offer approximately $150 million of non-cumulative perpetual convertible preference shares and $150 million of convertible senior notes, in two private offerings. Each offering will have an option for an additional 20% granted to the initial purchasers. The proceeds of the offerings together with other components of the company's capital plan will be used to repay its outstanding bridge loan due in December 2008. Fifth Third Bancorp (Nasdaq: FITB) 15% LOWER; planned issuance of $1 billion in Tier 1 capital in the form of convertible preferred shares. The Company declared its... [read full story]