Saturday, November 20, 2010

Shares of the following companies are having unusual movements in U.S. trade

(Corrects description of the projection of dividends at the point of Nike.)

Shares of the following companies are having unusual movements in U.S. trade. Stock symbols are in parentheses and prices are from 1:40 pm in New York.

Alpha Natural Resources Inc. (ANR U.S.) rose 7.6 percent to $ 50.53 after rising to $ 50.91, the highest intraday price since April 26. The U.S. coal producer major third said he wants to expand its metallurgical coal operations, possibly through acquisitions.

American Car Mart Inc. (CRMT U.S.) fell 11 percent to $ 25.29 after falling as much as 15 percent, the most intraday since January 2009. The seller of used cars and trucks reported its second-quarter profit, excluding some items of 56 cents per share, missing the average analyst estimate by 12 percent.

AnnTaylor Stores Corp. (ANN U.S.) gained 9 percent to $ 25.88 after advancing to $ 26.12 earlier, the highest intraday price since September 2008. The women's apparel chain reported third-quarter adjusted earnings were 42 cents per share, beating the average estimate of 34 cents by analysts. The New York-based company also raised its sales forecast for 2011 to 1.97 billion U.S. dollars, exceeding analyst estimates of $ 1.95 billion on average.

Autodesk Inc. (ADSK U.S.) fell 4.3 percent to $ 34.72 after falling 4.9 percent earlier, the most intraday since August 6. The maker of software used in the bridge design and special effects movies annual profit forecast excluding some items of $ 1.30 per share or less. That is below the average estimate of analysts polled of $ 1.31.

Cabot Oil & Gas Corp. (COG U.S.) gained 3.5 percent to $ 35.63 after gaining as much as 4 percent, the most intraday since 09 November. The natural gas producer, said the sale of about 75 kilometers of pipeline and other assets to a subsidiary of Williams Partners LP (WPZ U.S.) for $ 150 million and a collection contract 25 years.

CVR Energy Inc. (CVI U.S.) sank 4.3 percent to $ 11 after falling to 8.6 percent, the most intraday since November 2009. The Sugar Land-based oil refinery in Texas has announced the price of 18 million shares at $ 10.75 each in a public offering.

Del Monte Foods Co. (DLM U.S.) rose 9.8 percent to $ 17.26 and $ 17.72 joined earlier, the highest intraday price since it went public in February 2009. KKR & Co. is in advanced talks to buy the maker of canned fruits and Meow Mix cat food, according to two people familiar with the matter.

Empire Resorts Inc. (NYNY U.S.) fell 7.1 percent to $ 1.43 after deleting as many as 21 percent, the most intraday since November 2009. Gambling and resort management company said its largest shareholder, Kien Huat Realty Corp. III, agreed to pay $ 35 million to help the company to pay the total of its convertible notes due 2014.

Foot Locker Inc. (Florida, USA) met the 11 percent to $ 18.20 after rising earlier to $ 18.34, the highest intraday price since August 2007. The athletic footwear and apparel retailer reported third-quarter revenue of $ 1.28 billion, beating the average estimate of analysts polled of $ 1,220,000,000.

Gap Inc. (GPS U.S.) fell 1.8 percent to $ 20.53 after falling 4.2 percent previously, most intraday since 3 August. The clothing retailer said net income fell to 48 cents per share for the three months ended Oct. 30. Analysts predicted 48 cents per share, the average of estimates tracked by us

General Motors (GM U.S.) fell 0.5 percent to $ 34.01 on the second day of trading and earlier touched $ 33.11, reaching its offer price of $ 33. The shares began trading on the New York Stock Exchange yesterday after a compound of 15.8 billion U.S. dollars initial public offering of common stock.

Hibbett Sports Inc. (Hibba U.S.) advanced 14 percent to $ 32.02 after touching $ 32.57 earlier, the highest intraday price since February 2007. The sports shop chain which reported third-quarter adjusted earnings of 44 cents per share excluding some items, topping the average analyst estimate by 6 cents.

Intuit Inc. (INTU U.S.) fell 5.9 percent to $ 45.34 after erasing as much as 6.6 percent, the most intraday since May 6. The provider of tax software and personal finance forecast second-quarter profit, excluding some items of 40 cents per share maximum. The average forecast of analysts surveyed by reports was for earnings of 45 cents.

H & R Block Inc. (HRB U.S.), the largest tax preparer in the U.S., fell 1.8 percent to $ 12.30.

Kirkland's Inc. (KIRK U.S.) fell more on Russell 2000 index, falling 17 percent to $ 10.77. The home furnishings and gifts retailer lowered its full-year projections and said it expects to earn $ 1.29 per share at most. The company had projected earnings of $ 1.42 at least.

Marvell Technology Group Ltd. (MRVL U.S.) rose 6.9 percent to $ 20.25 after gaining as much as 7.9 percent, the most intraday since 20 August. The manufacturer of processors for the BlackBerry reported third-quarter sales and earnings that topped analysts' average .

Mela Sciences Inc. (MELA U.S.) nearly doubled to $ 4.78 and rose up to 131 percent, the most intraday since October 2005. The medical device maker, announced that a Food and Drug Administration advisory panel voted that the diagnosis of skin cancer MelaFind device is safe and effective.

NetSuite Inc. (N U.S.) rose 12 percent to $ 24.54 and rose to $ 24.70 earlier, the highest intraday price since Sept. 29. The software maker relationship management was rated "buy" in new coverage Feltl & Co.

Nike (NKE U.S.) rose 4.2 percent to $ 85.95 and increased by 4.3 percent previously, the most intraday since 24 September. The world's largest maker of athletic shoes has increased its quarterly dividend to 31 cents per share, exceeding the projected dividends of 29 %
Salesforce.com Inc. (CRM U.S.) rose 16 percent to $ 133.91 for the biggest gain in 500 of Standard & Poor's. The world's largest seller of software for online customer management forecast fourth-quarter sales of at least $ 447 million, beating the average analyst estimate of 424.6 million U.S. dollars.

Somaxon Pharmaceuticals Inc. (SOMX U.S.) fell 13 percent to $ 2.92 after sinking to 15 percent previously, the most intraday since 18 October. The San Diego lab, said the sale of 8,800,000 shares at $ 2.95 each

Staples Inc. (SPLS U.S.) rose 3.8 percent to $ 21.24 after rising earlier to $ 21.26, the highest intraday price since June 22. The world's leading retailer of office supply is attractive due to expanding margins and improving sales, Citigroup Inc., said in a note.

SunPower Corp. (SPWRA U.S.) fell 6.1 percent to $ 12.40 and fell 7.4 percent previously, the most intraday since 29 June. The U.S. manufacturer the second largest solar modules was reduced to "underperform" from "neutral" at Wedbush Securities Inc.

Western Digital Corp. (WDC U.S.) had the second highest gain in the S & P 500, adding 4.7 percent to $ 33.84. The global manufacturer of disk drives the second largest was named one idea of positive research by Morgan Stanley tactic, citing poor performance of the action and the potential of increased product prices in the third quarter.

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