Buffalo Wild Wings, Denny's, Hanesbrands: U.S. Equity Preview

By Katherine Greene

July 29 (Bloomberg) -- The following companies may have unusual price changes in U.S. trading tomorrow. Stock symbols are in parentheses, and share prices are as of 5:20 p.m. in New York.

Align Technology Inc. (ALGN US) fell 15 percent to $9.50. The maker of Invisalign dental braces said it would cut jobs and reduced its 2008 profit forecast to as much as 33 cents a share, lower than analysts' estimates of 40 cents.

Buffalo Wild Wings Inc. (BWLD US) gained 13 percent to $35. The restaurant chain specializing in multiflavored chicken wings reported second-quarter profit of 31 cents a share, beating the average analyst estimate of 28 cents, according to Bloomberg data.

Denny's Corp. (DENN US) jumped 18 percent to $3. The largest full-service U.S. family restaurant chain said it expects 2008 revenue to be unchanged, compared with an earlier forecast of a 2 percent drop.

Hanesbrands Inc. (HBI US) fell 18 percent to $22.40. The clothing maker said in a Business Wire statement that second- quarter profit excluding some items was 65 cents a share. Analysts had expected 68 cents, the average of four estimates in a Bloomberg survey.

MetLife Inc. (MET US) fell 9.6 percent to $47.74. The biggest U.S. life insurer said profit declined for a fourth straight quarter on investment losses. Second-quarter net income fell to $946 million, or $1.26 a share, from $1.16 billion, or $1.48, the New York-based insurer said today in a statement. Operating profit, which excludes investment losses, was $1.30 a share, missing the $1.51 average estimate of 19 analysts surveyed by Bloomberg.

OfficeMax Inc. (OMX US) fell 12 percent to $12.40. The third-biggest retailer of office supplies said in a PRNewswire statement that it had a second-quarter net loss of $11.79 a share, compared with net income of 35 cents a year earlier.

RF Micro Devices Inc. (RFMD US) gained 10 percent to $3.20. The maker of chips and radio systems for mobile phones reported second-quarter profit of 5 cents a share, meeting analysts' estimates.

Starent Networks Corp. (STAR US) rose 16 percent to $13.40. The maker of multimedia networking equipment for mobile phones reported second-quarter profit before some items of 19 cents a share. Analysts had expected 17 cents, the average of seven estimates in a Bloomberg survey.

TTM Technologies Inc. (TTMI US) fell 12 percent to $11.26. The maker of printed circuit boards said third-quarter profit will be as low as 19 cents a share. Analysts had expected 27 cents, the average of six estimates in a Bloomberg survey.

Viacom Inc. (VIA US) slid 3.8 percent to $28.70. The owner of Nickelodeon and Paramount studios reported second-quarter profit that fell less than analysts' estimated on higher box- office sales and pay-television fees.

To contact the reporter on this story: Katherine Greene in New York at kgreene8@bloomberg.net.