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Apple Inc's (NASDAQ: AAPL) iPhone 5 goes on sale in US Stores Friday and is expected to be a best seller. The company's shares were up slightly in pre market trade and are expected to open at an all time new high. Shares of KB Home (NYSE: KBH) fell by more than 2% despite the company reporting better than expected results. Shares of Darden Restaurants (NYSE: DRI), operator of Red Lobster and Olive Garden chains, were up less than 1% in pre market trade after the company reported in-line earnings. Oracle Corp (NASDAQ: ORCL)'s shares were up less than 1% on satisfactory results. McDonald's (NYSE: MCD) shares were marginally up on early Friday. The company had on Thursday announced that it was raising its fourth quarter dividend by 10%.

Posted-In: News Pre-Market Outlook

 

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