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BioMarin, Cardica, La-Z-Boy, Techfaith: U.S. Equity Preview

By Lu Wang

Aug. 18 (Bloomberg) -- Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parentheses.

BioMarin Pharmaceutical Inc. (BMRN US): The maker of treatments for rare genetic disorders said it bought ZyStor Therapeutics Inc., a privately-held biotechnology company, for as much as $115 million.

Cardica Inc. (CRDC US): The maker of heart-surgery equipment said Intuitive Surgical Inc. (ISRG US) will pay $12 million for a royalty-bearing license and equity investment in about 1.25 million shares.

China Techfaith Wireless Communication Technology Ltd. (CNTF US): The Chinese maker of mobile phones said third-quarter profit increased to 13 cents a share from 10 cents a year earlier.

La-Z-Boy Inc. (LZB US): The maker of living-room recliners said it broke even in the fiscal first quarter, in line with the average analyst estimate in a Bloomberg survey.

Life Technologies Corp. (LIFE US): The provider of gene- analysis tools for medical research agreed to acquire Ion Torrent for $375 million in cash and stock.

Windstream Corp. (WIN US): The phone company that provides service to rural areas said it agreed to acquire Q-Comm Corp., a closely held regional fiber transport and competitive local exchange carrier for about $782 million.

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