FirstEnergy, LDK, People's United, SAIC: U.S. Equity Preview

By Lynn Thomasson and Fabio Alves

Aug. 25 (Bloomberg) -- The following companies may have unusual price changes in U.S. markets. Stock symbols are in parentheses after company names, and prices are as of 8 a.m. in New York, unless stated otherwise.

AMR Corp. (AMR US) lost 0.5 percent to $10.47. The parent of American Airlines, the world's largest carrier, may sell as much as $300 million worth of newly issued shares and possibly use the proceeds to repay debt or help purchase aircraft, according to a government regulatory filing. Issuing new shares may dilute existing stockholders' stakes.

China Sunergy Co. (CSUN US) added 4.2 percent to $12.21. The Nanjing, China-based maker of solar-power cells was raised to ``buy'' from ``hold'' at Jefferies Group Inc.

CF Industries Holdings Inc. (CF US) climbed 2.8 percent to $148.50. The operator of North America's two biggest nitrogen- fertilizer plants will replace Electronic Data Systems Corp. (EDS US) in the Standard & Poor's 500 Index, S&P said.

FirstEnergy Corp. (FE US): The owner of electric utilities in Ohio, Pennsylvania and New Jersey may rise to $82 a share in 12 months as the company benefits from a 5 percent rate increase in Ohio, Barron's reported, citing Citigroup Inc. analyst Greg Gordon. The stock advanced 0.3 percent to $73.63 in regular trading Aug. 22.

Hanger Orthopedic Group Inc. (HGR US): The maker of medical devices may sell as many as 13.6 million shares, according to a regulatory filing. The stock increased 1.1 percent to $17.75 in regular trading.

LDK Solar Co. (LDK US) added 4.5 percent to $47.90. The Chinese maker of silicon wafers said in a PRNewswire statement that it forecast 2009 sales of as much as $3 billion. Analysts had expected $2.42 billion, the average of 12 estimates in a Bloomberg survey.

People's United Financial Inc. (PBCT US): The Bridgeport, Connecticut-based bank may rise 20 percent based on its balance sheet, the lack of subprime mortgage exposure and stronger returns, Barron's reported, without citing anyone. The shares rose 1.7 percent to $17.06 in regular trading.

Precision Drilling Trust (PDS US) fell 3 percent to $20.70. Canada's largest oilfield-services provider said in a statement that it agreed to buy Grey Wolf Inc. (GW US) for about $2 billion to add drilling in the U.S. market. Grey Wolf rose 1 cent to $8.60.

SAIC Inc. (SAI US): The military contractor specializing in computer services will replace CF Industries in the Standard & Poor's Midcap 400 Index, S&P said. The shares rose 3.2 percent to $19.66 in extended trading Aug. 22.

To contact the reporters on this story: Lynn Thomasson in New York at lthomasson@bloomberg.net; Fabio Alves in New York at falves3@bloomberg.net