Caterpillar, Health Net, Lorillard, Rhino, Teradata: U.S. Equity Preview

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

Caterpillar Inc. (CAT) gained 4.3 percent to $91.10. The world’s largest maker of construction and mining equipment reported third-quarter earnings excluding some items of $1.71 a share, exceeding the average analyst estimate of $1.57 a share, as demand for shovels and drills used to dig up metals rose.

Coventry Health Care Inc. (CVH) and Health Net Inc. (HNT) : The companies may be takeover targets as larger managed- care providers move to expand business through acquisitions, Barron’s reported, citing Jim Lane, a New Jersey-based money manager.

Cracker Barrel Old Country Store Inc. (CBRL) : The Lebanon, Tennessee-based restaurant’s biggest shareholder, Biglari Holdings Inc., boosted its stake to 9.9 percent from 8.7 percent.

Freeport-McMoRan Copper & Gold Inc. (FCX) rose 3.3 percent to $37.80. The company’s shares may rise to $75 in the next couple of years if demand and limited supply pushes copper price toward $4 a pound, Barron’s reported, citing Douglas Chudy of Dalton Greiner Hartman Maher.

Green Mountain Coffee Roasters Inc. (GMCR) : Rogers Family Co., a closely held coffee roaster and distributor, will begin selling one-cup coffee pods to grocery stores that are compatible with Green Mountain’s Keurig brewer, President Jon B. Rogers said.

Lorillard Inc. (LO) lost 7.5 percent to $107.00. The cigarette maker reported third-quarter earnings excluding some items of $1.94 a share, missing the average analyst estimate by 4.3 percent.

PMI Group Inc. (PMI) : The mortgage insurer, ordered by regulators in August to stop writing policies, said a unit that sells such coverage was seized by Arizona authorities and will pay out claims at 50 percent.

Rhino Resource Partners LP (RNO) : The coal producer boosted its quarterly dividend to 48 cents a share, in line with Bloomberg estimates, from 45.5 cents.

Teradata Corp. (TDC) advanced 1.4 percent to $56.25. The company’s shares may rise 15 percent or more as its data analysis expertise attracts clients or takeover proposals, Barron’s reported, without citing anyone.

To contact the reporter on this story: Kaitlyn Kiernan in New York at kkiernan2@bloomberg.net.

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

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