AT&T, Johnson & Johnson, Zhongpin May Move: U.S. Equity Preview

Shares of the following companies may have unusual moves in U.S. trading on March 7. Stock symbols are in parentheses, and prices are as of 4:45 p.m. in New York.

American Assets Trust Inc. (AAT US): The owner of properties primarily in California and Hawaii started a quarterly dividend of 17 cents a share.

AT&T Inc. (T) lost 0.4 percent to $27.80. The largest U.S. phone company said Richard Lindner will retire from his post as chief financial officer, and will be succeeded by John Stephens, the company’s controller.

Johnson & Johnson (JNJ US): The world’s largest health products company said David Floyd, the company’s orthopedics unit president, resigned and will leave at the end of the month.

Zhongpin Inc. (HOGS) : The meat and food processing company forecast 2011 earnings may be as high as $2.18 a share, compared with the average analyst projection for $1.97, Bloomberg data show.

To contact the reporter on this story: Whitney Kisling in New York at wkisling@bloomberg.net.

To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net.

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