EBay, IPC, Lululemon Athletica, Motorola Mobility: U.S. Equity Preview
Shares of the following companies may have unusual moves in U.S. trading on Jan. 9. Stock symbols are in parentheses, and prices are as of 5:27 p.m. in New York.
EBay Inc. (EBAY) rose 0.3 percent to $30.71. The company’s PayPal division will announce a partnership with Home Depot Inc. (HD US) that lets shoppers use the payment system at checkout, according to Anuj Nayar, a spokesman.
HealthSouth Corp. (HLS) : The operator of in-patient rehabilitation facilities said it earned between $1.22 and $1.25 a share in 2011, compared with the average analyst estimate of $1.34 a share.
IPC The Hospitalist Co. (IPCM) slumped 16 percent to $38.52. The provider of administrative services for doctors said it earned no more than $1.74 a share last year, less than the average analyst estimate of $1.77 a share.
Lululemon Athletica Inc. (LULU) fell 1.9 percent to $52.65. The yoga-wear retailer said founder Chip Wilson is stepping down as chief innovation and branding officer.
Motorola Mobility Holdings Inc. (MMI) (MMI US) fell 0.9 percent to $38.13. The handset maker spun off from Motorola Inc. said fourth-quarter revenue was $3.4 billion, missing the average analyst estimate of $3.96 billion. The company also said it sees “modest profitability” during the period, while analysts forecast earnings of 42 cents a share.
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