By Elizabeth Campbell and Whitney Kisling
Oct. 30 (Bloomberg) -- The following companies may have unusual price changes in U.S. trading today. Stock symbols are in parentheses, and share prices are as of 7:40 a.m. in New York, unless otherwise specified.
Allied Waste Industries Inc. (AW US): The trash hauler that agreed to be bought by competitor Republic Services Inc. posted third-quarter profit excluding some items of 28 cents a share, exceeding the average analyst estimate by 2 cents, because of higher prices and fuel surcharges. The shares added 20 cents, or 2.3 percent, to $8.91 in late-trading yesterday.
AstraZeneca PLC American depositary receipts (AZN US): The U.K.'s second-largest drugmaker raised its full-year earnings forecast after third-quarter net income beat the average analyst estimate by 12 percent as the company trimmed costs and expanded product sales outside the U.S. The shares rallied 6 percent to $42.15.
Colgate-Palmolive Co. (CL US): The world's largest maker of toothpaste said third-quarter profit rose 19 percent on overseas sales and higher prices. The maker of Speed Stick deodorant and Irish Spring soap added 8 cents to $60 in regular trading yesterday.
Elan Corp. ADRs (ELN US): A patient taking Ireland's biggest drugmaker's multiple sclerosis treatment Tysabri contracted a life-threatening brain illness. The shares slid 21 percent to $6.02.
General Electric Co. (GE US): The 106-year-old economic bellwether's Chief Executive Officer Jeffrey Immelt said he's asking operating managers to match this year's profit levels even if sales decline next year. The shares rose 37 cents, or 2 percent, to $19.57.
JDS Uniphase Corp. (JDSU US): The maker of phone equipment for companies such as AT&T Inc. posted a loss excluding some items that was wider than analysts' estimates and said sales in its testing unit fell. The shares slid 1.6 percent to $6 in regular trading yesterday.
Lear Corp. (LEA US): The world's second-largest maker of automotive seats reported a third-quarter net loss of $1.27 a share as auto production fell in North America and Europe. The shares added 18 percent to $2.41 in regular trading yesterday.
Metlife Inc. (MET US): The biggest U.S. life insurer posted third-quarter earnings excluding some items of 88 cents a share, a penny below the average estimate of analysts surveyed by Bloomberg. The company said declining equity markets hurt returns at the unit that sells retirement products. The shares fell 0.8 percent to $29.55 in regular trading yesterday.
Motorola Inc. (MOT US) added 8.1 percent to $5.90. The world's third-largest maker of mobile phones reported quarterly earnings, excluding some items, of 5 cents a share, beating the average analyst estimate of 2 cents a share, according to Bloomberg data.
PC Mall Inc. (MALL US): The Internet retailer of personal computers and peripherals announced a $10 million share buyback program after reporting earnings excluding some items of 18 cents a share. PC Mall added 53 cents, or 20 percent, to $3.20 in late- trading yesterday.
Prudential Financial Inc. (PRU US): The second-biggest U.S. life insurer posted a third-quarter profit excluding some items of 74 cents a share, missing the average analyst estimate by 5 cents a share, and said turmoil in global credit markets cut the value of its investments. The shares declined 3.4 percent to $35.25 in regular trading yesterday.
Symantec Corp. (SYMC US): The biggest maker of security software forecast profit and sales that missed analysts' estimates, citing the credit crisis and a stronger U.S. dollar that weighed on overseas sales. The shares slid 6.4 percent to $13.87.
Visa Inc. (V US): The world's largest credit-card company reported its first loss since going public in March after posting costs tied to an antitrust lawsuit with Discover Financial Services. The shares dropped 19 cents to $50.50 in late-trading yesterday.
To contact the reporters on this story: Elizabeth Campbell in New York at ecampbell11@bloomberg.net; Whitney Kisling in New York at wkisling@bloomberg.net
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