Pre-Market Active Trader Alerts: Cellular Tissue (CLU) Up 57%

These are issues active before the bell.

Fedex (NYSE: FDX) is off 3% to $83.14 on new that earnings were weaker than expected. The freight firm will cut 1,700 jobs.

The Williams Companies (NYSE: WMB) stock is off 2% after the firm disappointed Wall St. and said its adjusted 2010 earnings would be only $1 to $1.25 a share.

Rockwell Collins (NYSE: COL) is up a fraction to $58 after it announced that its fiscal year guidance was better than expected.

Cellular Tissue Holdings (NYSE: CLU) is up 57% to $12.45 on news that it will be bought by Clearwater Paper (NYSE: CLW)

Research In Motion (NASDAQ: RIMM) is off 1.1% on more news that it is losing market share to Apple Inc (NASDAQ: AAPL) and Google’s (NASDAQ: GOOG) Android.

Micron Technology (NYSE: MU) is up 1% after a 3% drop in yesterday’s trading.

Douglas A. McIntyre