BP, CardioGenesis, Home Depot, New Energy: U.S. Equity Movers

Shares of the following companies are having unusual moves in U.S. trading. Stock symbols are in parentheses, and prices are as of 9:45 a.m. in New York.

Apollo Group Inc. (APOL) declined 9.7 percent to $38.26. The operator of for-profit schools forecast fiscal year 2012 revenue of $4 billion to $4.25 billion, missing the average analyst estimate of $4.55 billion.

BP Plc (BP) slumped 2.5 percent to $44.91. Federal prosecutors are considering whether to pursue manslaughter charges against BP managers for decisions made before the Gulf of Mexico oil well explosion last year that killed 11 workers and caused the biggest offshore spill in U.S. history, according to three people familiar with the matter.

CardioGenesis Corp. (CGCP) surged 39 percent to 44.5 cents. The medical device company agreed to be bought by CryoLife Inc. (CRY) for 45.7 cents a share.

Energy Transfer Partners LP (ETP) fell 2.6 percent to $50.48. The owner of gas pipelines said it’s selling 11.8 million common units.

GSI Group Inc. (GSIG US) fell 7 percent to $11.02. The maker of equipment used by manufacturers said fiscal first- quarter sales will be as low as $86 million, less than the $93.4 million estimate from Jared Wein, an analyst at CJS Securities.

Hertz Global Holdings Inc. (HTZ) slumped 4.1 percent to $15.60. The car-rental company estimated a first-quarter adjusted net loss of $17.3 million to $22.2 million, saying worldwide car rental revenue was hurt by winter storms.

Home Depot Inc. (HD) rose 2 percent to $37.38. The largest U.S. home-improvement retailer sold $2 billion of 10-and 30-year bonds, according to data compiled by Bloomberg. The Atlanta-based company will use proceeds to replace $1 billion of 5.2 percent notes issued in 2006 that matured March 1 and to buy its own stock, according to a Securities and Exchange Commission filing.

Hudson City Bancorp (HCBK US) gained 1.5 percent to $10.01. The largest U.S. bank to forgo a government bailout had a $644.3 million loss from paying off debt and said it probably won’t be able to report a profit this year.

InterDigital Inc. (IDCC US) fell 3.3 percent to $42.90. The designer of mobile-phone technology said it will sell $150 million of senior notes convertible into shares.

New Energy Systems Group (NEWN) advanced 9.4 percent to $6.20. The maker of battery parts for laptops, digital cameras and other electronic parts reported fourth-quarter earnings of 35 cents a share, excluding some items, beating the average analyst estimate of 29 cents a share, Bloomberg data show.

OCZ Technology Group Inc. (OCZ) rose 2.8 percent to $8. The manufacturer of enterprise and consumer solid state drives said fiscal 2012 revenue will range between $300 million and $330 million after completing the acquisition of Indilinx Co., compared with the average analyst estimate of $270.3 million.

Panera Bread Co. (PNRA) fell 2 percent to $119.74. The bakery café chain was cut to “neutral” from “buy” at Suntrust Robinson Humphrey Inc.

PharmAthene Inc. (PIP) slumped 3.2 percent to $3.33. The developer of biological and chemical defense products reported a fourth-quarter loss of 41 cents a share excluding some items, compared with the average analyst estimate that called for a 10- cent loss.

Phillips-Van Heusen Corp. (PVH) added 5.2 percent to $63.28. The clothing maker said first-quarter earnings excluding some items will be as low as $1.14 a share, less than the average analyst estimate of $1.18.

Progress Software Corp. (PRGS) fell 2.3 percent to $28.49. The maker of business programs said second-quarter profit would be 41 cents a share to 43 cents a share. Analysts estimated a profit of 43 cents a share on average.

RealNetworks Inc. (RNWK) declined 3 percent to $3.82. Chief Executive Officer Robert Kimball resigned eight months after taking on the role in a permanent capacity, saying it was time to seek new opportunities.

To contact the reporter on this story: Jennifer A. Johnson in New York at Jjohnson156@bloomberg.net

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

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