Economic Calendar

Thursday, October 16, 2008

BioMarin, EBay, Kinder Morgan, Xilinx: U.S. Equity Preview

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By Lu Wang

Oct. 15 (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 5:45 p.m. in New York, unless otherwise specified.

Standard & Poor's 500 Index futures expiring in December lost 99, or 9.9 percent, to 903.30. Dow Jones Industrial Average futures fell 858, or 9.2 percent, to 8,504. Nasdaq-100 Index futures slipped 137, or 10 percent, to 1,229.

BioMarin Pharmaceutical Inc. (BMRN US): The company said its experimental treatment known as 6R-BH4 helped ease the constriction of arteries, a condition that often strikes patients with sickle cell disease. The stock slid 8 percent to $20.93 in regular trading.

EBay Inc. (EBAY US) fell 90 cents, or 5.9 percent, to $14.43. The world's biggest Internet auctioneer forecast its first quarterly sales decline in the final months of this year and said 2008 earnings would be lower than earlier predicted.

Kinder Morgan Energy Partners LP (KMP US): The largest U.S. pipeline partnership by market value said third-quarter profit was 49 cents a unit. Analysts, on average, expected the partnership to earn 59 cents, according to a Bloomberg survey. The stock lost 5.3 percent to $47.12 in regular trading.

Playboy Enterprises Inc. (PLA US): The men's magazine publisher said it plans to fire 55 people as part of an expanded cost-cutting effort. The stock fell 13 percent to $2.10 in regular trading.

Xilinx Inc. (XLNX US) gained 49 cents, or 2.5 percent, to $19.98 The world's biggest maker of programmable semiconductors reported second-quarter profit excluding some items of 38 cents a share, 1 cent higher than the average analyst estimate in a Bloomberg survey.

To contact the reporter on this story: Lu Wang in New York at lwang8@bloomberg.net


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