Economic Calendar

Tuesday, September 9, 2008

CapitalSource, Cardica, Delta, US Airways: U.S. Equity Movers

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By Lynn Thomasson

Sept. 9 (Bloomberg) -- The following companies are having unusual price changes in U.S. trading. Stock symbols are in parentheses, and share prices are as of 9:35 a.m. in New York.

Airlines advanced as crude oil fell to the lowest since April 3, declining 2 percent to $104.19 a barrel in New York. Delta Air Lines Inc. (DAL US) added 3.7 percent to $8.91. UAL Corp. (UAUA US) climbed 5.6 percent to $11.53. US Airways Group Inc. (LCC US) jumped 6.1 percent to $8.15.

CapitalSource Inc. (CSE US) lost 8.6 percent, the most since July 24, to $11.87. The lender that bought the banking business of bankrupt Fremont General Corp. cut its quarterly dividend by 92 percent to 5 cents a share.

Cardica Inc. (CRDC US) surged 30 percent, the most since June 10, to $10.41. The maker of heart surgery equipment received approval from U.S. regulators to market its PAS-Port system that's used in cardiac-bypass procedures.

DineEquity Inc. (DIN US) slumped 7.6 percent, the most since Aug. 18, to $22.15. The owner of the Ihop and Applebee's restaurant chains said Chief Financial Officer Thomas G. Conforti resigned.

H.B. Fuller Co. (FUL US) lost 13 percent, the most since June 2006, to $23.78. The world's fourth-largest producer of industrial adhesives reduced its profit forecast because of rising costs for raw materials.

To contact the reporter on this story: Lynn Thomasson in New York at lthomasson@bloomberg.net.


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