Movers: Beazer Homes, MasterCard, Bear Stearns

Wednesday's stocks in the news

Beazer Homes USA (BZH) shares skid on speculation that the homebuilder might file for bankruptcy. Beazer calls the market rumors about the company's liquidity and a prospective bankruptcy filing scurrilous and unfounded.

MasterCard (MA) posts $1.85 second quarter EPS, vs. $2.30 loss (including special items), on 18% revenue rise.

The Wall Street Journal reports that Bear Stearns Cos. (BSC) has prevented investors from taking their money from a hedge fund that put some $900 million in mortgage investments. S&P reiterates sell on Bear Stearns shares.

Garmin Ltd. (GRMN) posts $0.98, vs. $0.56 a year ago, second quarter EPS on a 72% total revenue rise.

Chipotle Mexican Grill (CMG) posts $0.60, vs. $0.33 a year ago, second quarter EPS on 12% higher same-store sales, 34% higher total revenue. It raises 2007 same-store sales expectation to high single to low double digit range. S&P upgrades to buy.

Buffalo Wild Wings (BWLD) posts $0.22, vs. $0.14 a year ago, second quarter EPS on 8.1% rise in the company-owned same-store sales and 22% higher total revenue. The stock was indicated lower as reports indicate same-store sales growth was below expectations.

Dow Jones & Co. (DJ) agrees to be acquired by News Corp. (NWS) in a $5.6 billion deal. Terms: $60 in cash for each DJ share, each Class B share.

Whole Foods Market (WFMI) posts third quarter EPs of $0.35, vs. $0.35 a year ago, on 7% same-store sales rise and 13% total sales rise. Longer term, it expects to reach $12 billion in sales in fiscal year 2010. S&P reiterates hold.

Qwest Communications (Q) posts lower-than-expected $0.13, vs. $0.06 a year ago, second quarter EPS as lower operating expenses offset slightly lower operating revenue. S&P maintains sell.

Citigroup upgrades Apple (AAPL) to buy from hold following Tuesday's sharp pullback, maintains $160 target price. On Tuesday, Apple was lower on an unconfirmed report that said Apple may be cutting production of iPods and/or iPhones.

DreamWorks Animation (DWA) ppsts $0.60, vs. $0.13 a year ago, second quarter EPS on a sharp revenue rise. It cites strong Shrek the Third release. S&P raises target price; keeps hold.

MetLife (MET) posts $1.72, vs. $1.28 a year ago, second quarter operating EPS on 7.3% rise in premiums. It raises 2007 operating EPS guidance to $5.65-$5.80 from $5.05-$5.30.

Moody's (MCO) posts $0.76, vs. $0.58 a year ago, second quarter EPS (excluding legacy tax benefit) on 26% revenue rise. It reaffirms 2007 EPS guidance at a low- to mid-teens percent growth, revenues in mid-teens percent growth. It sets $2 billion stock buyback.

Tupperware Brands (TUP) posts $0.56, vs. $0.41 a year ago, second quarter EPS on 12% higher sales. It sees $0.18-$0.23 third quarter EPS on $432-$440 million sales, $1.85-$1.90 2007 EPS on $1.89-$1.93 billion in sales.

Boyd Gaming (BYD) posts $0.45, vs. $0.49 a year ago, second quarter adjusted EPS from continuing operations on 7.2% lower net revenue.

Sanofi-Aventis (SNY) posts €1.74 million, vs.

€1.797 million second quarter EPS despite 2.3% sales rise on comparable basis.

RealNetworks (RNWK) posts $0.05, vs. $0.03 a year ago, second quarter adjusted EPS on a 52% revenue rise. It expects third quarter revenue of $141-$145 million, adjusted EPS of $0.02-$0.04, and 2007 revenue of $561-$573 million and adjusted EPS of $0.21-$0.24.

Jones Apparel Group (JNY) posts $0.17, vs. $0.39 a year ago, second quarter EPS (excluding items) on 2% lower revenue. It lowers 2007 EPS target to $1.28-$1.34. Separately, it decides that the revised bid from Fast Retailing to buy its Barneys N.Y. unit is a "superior" offer.

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