Boeing, Hospira, Jazz, MetLife, Radnet: U.S. Equity Preview
Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parentheses, and prices are as of 8:20 a.m. in New York.
Boeing Co. (BA) rose 0.6 percent to $71.28. The world’s largest aerospace company won 43 orders for widebody planes from Chinese carriers, including its first 747-8 deal in more than a year.
Broadsoft Inc. (BSFT) soared 23 percent to $43.00. The maker of telecommunications software said first-quarter earnings may be as much as 11 cents a share, compared with the average analyst estimate for 9 cents. Revenue will be at least $27 million, also exceeding the projections.
Brooks Automation Inc. (BRKS) slumped 5.1 percent to $12.15. The supplier of equipment for microchip factories was cut to “hold” from “buy” at Stifel, Nicolaus & Co.
Casey’s General Stores Inc. (CASY) fell 6.3 percent to $38.01. The Iowa-based operator of convenience stores in the U.S. Midwest posted third-quarter adjusted earnings that missed the average analyst forecast, Bloomberg data show.
Exelixis Inc. (EXEL) fell 4.9 percent to $10.78. The biotechnology company with no approved products said it plans to sell 12.5 million shares in a public offering.
Hospira Inc. (HSP) : The maker of generic injectable drugs named Allergan Inc. (AGN US) President F. Michael Ball as chief executive officer starting March 28.
Jazz Pharmaceuticals Inc. (JAZZ) : The drugmaker forecast 2011 adjusted earnings would be at least $2.70 a share, surpassing the $2.59 average of two analyst estimates compiled by Bloomberg.
JPMorgan Chase & Co. (JPM) : The second-biggest U.S. bank by assets plans to sell five-year kangaroo bonds, according to an e-mailed statement from the lender, which is managing the sale itself.
The sale will be benchmark in size, according to the statement. Benchmark typically means at least A$500 million.
Metlife Inc. (MET) : The U.S. life insurer confirmed it will pay a first-quarter dividend of 25 cents a share on the company’s floating rate preferred stock and 41 cents a share on the company’s 6.5 percent rate preferred stock. Both dividends are payable March 15 to shareholders of record as of Feb. 28.
News Corp. (NWSA) : The owner of Fox Broadcasting and the Twentieth Century Fox film studio said it expects “significant increases” in Fox News fees.
Radnet Inc. (RDNT) advanced 14 percent to $3.95. The operator of diagnostic imaging centers in California reported fourth-quarter profit of 11 cents a share on an adjusted basis, beating the average analyst estimate of 4 cents a share, Bloomberg data show.
Urban Outfitters Inc. (URBN) declined 13 percent to $33.21. The Philadelphia-based clothing chain operator had fourth-quarter earnings of 45 cents a share excluding some items, falling short of the average analyst projection.
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