Shares of the following companies had unusual moves in U.S. trading. Stock symbols are in parentheses and prices are as of 4 p.m. in New York.
Bank of Ireland Plc (IRE US) fell 23 percent, the most since January 2009, to $1.70. Ireland’s largest bank fell on concern that shareholders will be diluted in any government bailout.
Big Lots Inc. (BIG US) rose 5.3 percent, the most since May 10, to $31.13. The seller of overstocked items was raised to “buy” from “neutral” at Buckingham Research Group Inc. by equity analyst John Zolidis. The 12-month price estimate is $35.
Brocade Communications Systems Inc. (BRCD US) dropped the most in the Russell 1000 Index, sliding 10 percent to $5.13. The biggest maker of switches for data-storage networks forecast fiscal first-quarter earnings of 9 cents to 10 cents a share, falling short of the 14-cent average analyst estimate.
Brown Shoe Co. (BWS US) rallied 16 percent to $14.17 for the biggest gain in the Russell 2000 Index. The St. Louis, Missouri-based footwear company reported third-quarter sales of $716.1 million, beating the average analyst estimate of $698 million.
Dycom Industries Inc. (DY US) jumped 12 percent to $12.47, the highest price since September 2009. The provider of contract services to phone and cable companies posted first-quarter profit excluding some items of 18 cents a share, exceeding the average analyst estimate by 67 percent, according to Bloomberg data.
Focus Media Holding Ltd. (FMCN US) fell 7.2 percent, the most since June 29, to $23.61. The Chinese outdoor-advertising company reported third-quarter sales of $137.4 million, trailing the average analyst estimate by 4.5 percent, according to Bloomberg data.
Harbin Electric Inc. (HRBN US) dropped 15 percent, the most since February 2009, to $15.23. The Chinese maker of electric motors for passenger cars said Chairman and Chief Executive Officer Tianfu Yang is seeking alternative sources of financing to take the company private after Baring Private Equity Asia Group Ltd. backed off as the exclusive funding partner.
Hewlett-Packard Co. (HPQ US) added 2.2 percent to $44.19 for the only gain among components of the Dow Jones Industrial Average. The world’s largest computer maker forecast first-quarter profit that exceeded analysts’ estimates as corporations step up buying of personal computers, printers, servers and networking gear.
Jack in the Box Inc. (JACK US) declined 10 percent, the most since December 2008, to $20.23. The fast-food restaurant chain concentrated in the western U.S. forecast 2011 operating earnings of 75 cents to 90 cents per share, compared with the average analyst estimate of $2.01 a share.
J. Crew Group Inc. (JCG US) surged 17 percent, the most since May 2009, to $43.99. The New York-based clothing retailer agreed to be acquired by funds affiliated with TPG Capital and Leonard Green & Partners L.P. for $43.50 a share in cash, or about $3 billion.
La-Z-Boy Inc. (LZB US) fell 8.3 percent, the most since June 29, to $7.45. The maker of living-room recliners posted fiscal second-quarter sales of $293 million, missing the average analyst estimate of $301.7 million, according to a Bloomberg survey.
Maxygen Inc. (MAXY US) rose 6.1 percent to $6.63, the highest price since May 3. The biopharmaceutical company said it will distribute all its shares of Codexis Inc. (CDXS US) and a total of $30 million in cash to stockholders next month.
New York Times Co. (NYT US) increased 4.7 percent to $8.90 for the second-biggest gain in the S&P 500 Index. Investors speculated that Mexican billionaire Carlos Slim increased his stake in the newspaper publisher. Arturo Elias, Slim’s spokesman, said Slim has made no change in his New York Times stake.
Nuance Communications Inc. (NUAN US) gained 3.7 percent to $17.75, the highest price since May 5. The U.S. maker of speech- recognition software surged after a video on TVDeck showed Apple Inc. co-founder Steve Wozniak saying the iPhone maker had acquired the company. Wozniak said later in an e-mail that he made an “error” about the Nuance deal.
Apple shares slipped 1.8 percent to $307.60.
Signet Jewelers Ltd. (SIG US) rose 5.7 percent to $39.63, the highest price since August 2007. The retailer of jewelry and watches said it earned 7 cents a share in the third quarter. Analysts, on average, estimated a loss of 3 cents, according to a Bloomberg survey.
Tier Technologies Inc. (TIER US) fell the most in the Russell 2000 Index, losing 13 percent to $4.96. The computer-consulting and software company lost 24 cents a share excluding some items in the fiscal fourth quarter. Barrington Research Associates Inc. estimated the company would earn 5 cents a share.