Shares of the following companies are having unusual moves in U.S. trading. Stock symbols are in parentheses, and prices are as of 9:50 a.m. in New York.
1-800-Flowers.com Inc. (FLWS US) gained 11 percent to $2.84. The seller of flowers and gifts on the Internet and by telephone reported second-quarter revenue of $235.4 million, beating the average analyst estimate in a Bloomberg survey of $219 million.
Align Technology Inc. (ALGN US) fell 4.2 percent to $19.65. The maker of a teeth-straightening product forecast first- quarter earnings to be no more than 17 cents a share, below the average analyst estimate of 19 cents a share.
Amylin Pharmaceuticals Inc. (AMLN US) rose 7.3 percent to $16.39. The San Diego-based maker of the diabetes treatment Byetta reported a loss of 8 cents a share, narrower than the 31- cent loss projected by analysts on average.
AT&T Inc. (T US) lost 2.2 percent to $28.09. The second- largest U.S. wireless carrier reported fourth-quarter sales of $31.4 billion. Analysts predicted $31.5 billion.
Citrix Systems Inc. (CTXS US) gained 3.8 percent to $65.94. The software maker reported fourth-quarter adjusted profit of 65 cents a share, beating the average analyst estimate of 60 cents a share.
Colgate-Palmolive Co. (CL US) fell 2.5 percent to $77.99. The world’s largest toothpaste maker reported a fourth-quarter adjusted profit of $1.24 a share. The average estimate of analysts surveyed by Bloomberg was for a profit of $1.23 a share.
Covidien Plc (COV US) jumped 2.6 percent to $48.88. The health-care products company was picked to replace McAfee Inc. (MFE US) in the Standard & Poor’s 500 Index, the benchmark measure of U.S. shares, S&P said in a statement on its website.
Cypress Semiconductor Corp. (CY US) rose 3.3 percent to $21.08. The San Jose, California-based maker of chips for hand held devices said ON Semiconductor Corp. (ONNN US) agreed to acquire the CMOS Image Sensor Business Unit from Cypress in an all cash transaction for $31.4 million.
Goodyear Tire & Rubber Co. (GT US) fell 3.7 percent to $12.04. The largest U.S. tiremaker was cut to “neutral” from “buy” at Goldman Sachs Group Inc.
LDK Solar Co. (LDK US) slumped 3.3 percent to $12.59. The Chinese maker of solar panels plans to sell 12 million American Depositary Shares listed on the New York Stock Exchange. LDK said it expects to grant underwriters an over-allotment option to purchase up to an additional 15 percent of the total shares offered, the Xinyu, China-based company said yesterday in a statement. Each ADS represents one ordinary share in the company.
Lockheed Martin Corp. (LMT US) rose 2.1 percent to $80.03. The world’s largest defense company reported fourth-quarter profit from continuing operations of $2.30 a share. That beat the $2.10 average estimate of 21 analysts surveyed by Bloomberg. Sales increased 4.8 percent to $12.8 billion.
Motorola Mobility Holdings Inc. (MMI US) dropped 7.6 percent to $32.20. The smartphone maker spun off from Motorola Inc. reported fourth-quarter earnings of 37 cents a share, matching the average estimate of analysts.
Murphy Oil Corp. (MUR US) fell 10 percent to $65.72. The operator of gasoline filling stations said fourth-quarter earnings were 90 cents a share, missing the average analyst estimate of $1.01 a share, according to a Bloomberg survey.
Netflix Inc. (NFLX US) surged 14 percent to $208.66. The DVD-rental and streaming company posted fourth-quarter earnings of 87 cents a share, exceeding the 71-cent average estimate of analysts.
Netflix was raised to “buy” from “underperform” at Bank of America Corp.
Owens-Illinois Inc. (OI US) fell 3.8 percent to $30.86. The world’s largest producer of glass containers reported fourth- quarter earnings of 45 cents a share, missing the average analyst estimate by 2 cents.
Potash Corp. of Saskatchewan Inc. (POT US) climbed 4.5 percent to $176.17. The world’s largest fertilizer producer posted a fourth-quarter profit that topped analysts’ estimates after crop-nutrient prices increased. Profit excluding the cost of fending off BHP Billiton Ltd.’s $40 billion hostile takeover bid was $1.77 a share, beating the $1.62 average estimate of 21 analysts surveyed by Bloomberg.
ProLogis (PLD US) surged 11 percent to $16.30. The world’s largest warehouse operator is in talks to combine with rival AMB Property Corp. (AMB US) that would create a $14 billion real estate investment trust. The two companies are considering an all-stock, at-market transaction at a price based on the value of their shares before a newspaper report about a possible deal yesterday. The transaction would be a “merger of equals,” ProLogis and AMB said in a statement yesterday. AMB rose 8.8 percent to $35.73.
Procter & Gamble Co. (PG US) fell 2.9 percent to $64.22. The maker of Ivory soap and Old Spice shaving products reported fiscal second-quarter sales of $21.35 billion, missing the average analyst estimate in a Bloomberg survey of $21.57 billion.
Quantum Corp. (QTM US) slumped 20 percent to $2.86. The San Jose, California-based maker of backup and archival programs for computers forecast fourth-quarter earnings excluding some items of 5 cents a share at most, trailing the 9-cent average analyst estimate in a Bloomberg survey.
Qualcomm Inc. (QCOM US) rose 4.6 percent to $54.250. The biggest maker of mobile-phone chips reported first-quarter adjusted earnings of 82 cents a share, beating the 72-cent average estimate of analysts.
Rex Energy Corp. (REXX US) dropped 4.9 percent to $11.78. The oil and gas company with operations in the Illinois and Appalachian basin said 2011 production will expand by as much as 95 percent.
Robert Half International Inc. (RHI US) slumped 5 percent to $32. The staffing company forecast net income of 13 cents to 18 cents a share in the first quarter. Analysts, on average, estimated 19 cents, according to a Bloomberg survey.
Symantec Corp. (SYMC US) rallied 5.2 percent to $18.72. The world’s largest maker of computer-security software reported third-quarter adjusted earnings of 35 cents a share, beating the 33-cent average estimate of analysts.
Symantec was also raised to “buy” from “hold” at Jefferies Group Inc.
Teradyne Inc. (TER US) jumped 10 percent to $16.15. The maker of testing equipment for electronics forecast first- quarter profit excluding some items of at least 33 cents a share, topping the average analyst estimate of 19 cents in a Bloomberg survey.
Time Warner Cable Inc. (TWC US) gained 1 percent to $68.765. The second-largest U.S. cable-television operator boosted its quarterly dividend 20 percent and posted a profit that beat analysts’ estimates by adding customers and selling pricier products. Fourth-quarter net income rose to $392 million, beating the $361 million average analysts estimate in a Bloomberg survey. The company will pay a dividend of 48 cents a share, compared with 40 cents a year before.
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