Shares of the following companies had moves in U.S. trading. Stock symbols are in parentheses, and prices are as of 4 p.m. in New York.
Fertilizer companies advanced, driven higher by a U.S. Department of Agriculture prediction that wheat production will drop to a three-year low because weather ruined crops in Russia, Kazakhstan and Ukraine.
Mosaic Co. (MOS US), North America’s second-largest fertilizer producer, rose 3.8 percent to $51.30. Intrepid Potash Inc. (IPI US) gained 4.4 percent to $24.07. CF Industries Holdings Inc. (CF US) climbed 3 percent to $84.35. Potash Corp. of Saskatchewan Inc. (POT US) increased 3.4 percent to $111.90.
Semiconductor shares declined after BMO Capital Markets reduced the industry’s rating to “underperform” from “market perform,” citing rising inventory and weakening demand.
Broadcom Corp. (BRCM US) fell 2.8 percent to $32.84. Altera Corp. (ALTR US) slid 6.1 percent to $25.24 and Xilinx Inc. (XLNX US) lost 5 percent to $25.50.
Advance Auto Parts Inc. (AAP US) rose 5.2 percent, the most since May 20, to $54.62. The second-largest U.S. auto parts retailer posted second-quarter profit of $1.16 a share excluding some items, beating the average analyst estimate of $1.03 in a Bloomberg survey.
Aegean Marine Petroleum Network Inc. (ANW US) slumped 18 percent, the most since December 2008, to $15.65. The Piraeus, Greece-based supplier of fuel for ships posted profit excluding some items of 30 cents a share in the second quarter, missing the average analyst estimate by 16 percent, according to Bloomberg data.
Brinker International Inc. (EAT US) rose 5.1 percent, the most since July 22, to $15.65. The operator of Chili’s and Maggiano’s restaurants forecast fiscal 2011 profit of $1.30 to $1.42 a share, compared with an average analyst estimate of $1.38 in a Bloomberg survey.
China Agritech Inc. (CAGC US) rose 21 percent, the most since Oct. 9, to $16.89. The fertilizer producer reported second-quarter profit excluding some items of 37 cents a share, exceeding the average analyst estimate by 12 percent, according to Bloomberg data.
Cisco Systems Inc. (CSCO US) dropped 10 percent, the most since October 2008, to $21.36. The largest maker of computer networking equipment said fourth-quarter sales rose less than analysts estimated as companies reined in spending because of the sluggish economy. Sales climbed 27 percent to $10.8 billion in the period ended July 31. Analysts had predicted $10.9 billion.
Juniper Networks Inc. (JNPR US), the second-largest maker of networking equipment, dropped 6.8 percent to $25.78.
Netlogic Microsystems Inc. (NETL US) fell 8.9 percent to $24.31. The semiconductor maker derived 27 percent of its second-quarter sales from Cisco, UBS AG estimated.
Storage computer makers also fell. NetApp Inc. (NTAP US) dropped 8.7 percent to $37.58. EMC Corp. (EMC US) retreated 5 percent to $18.69.
Elizabeth Arden Inc. (RDEN US) advanced 11 percent, the most since July 2009, to $16.04. The maker of celebrity perfume lines for Britney Spears and Mariah Carey posted fourth-quarter profit excluding some items of 13 cents a share, beating the 2-cent average estimate from analysts in a Bloomberg survey.
JDS Uniphase Corp. (JDSU US) fell 5.7 percent, the most since June 29, to $10.46. The maker of fiber-optic equipment was cut to “hold” from “buy” at Auriga USA LLC.
Scientific Learning Corp. (SCIL US) dropped 4.4 percent, the most since April 30, to $5.23. The maker of educational products posted a second-quarter loss that was bigger than Jeffrey Silber, an analyst at BMO Capital Markets, had estimated.
Somaxon Pharmaceuticals Inc. (SOMX US) sank 11 percent, the most since July 1, to $3.58. The San Diego-based company posted a second-quarter loss of 16 cents a share excluding some items, trailing a loss of 11 cents analysts estimated on average in a Bloomberg survey.
VimpelCom Ltd. (VIP US) fell 8 percent to $15.46. The Russian company was interested in buying a majority stake in Orascom Telecom Holding SAE (ORTE EY), Kommersant reported. Orascom, an Egyptian operator, denied that it’s in talks with VimpelCom.
VirnetX Holding Corp. (VHC US) rose 8.6 percent, the most since July 23, to $6.20. The company that reached a $200 million settlement with Microsoft Corp. over patents for ways to communicate privately over the Internet sued Apple Inc. and Cisco Systems Inc. over the same technology.