El Paso, Gannett, National City, Yahoo: U.S. Equity Preview

By Lu Wang

Oct. 3 (Bloomberg) -- The following companies may have unusual price changes in U.S. trading on Oct. 6. Stock symbols are in parentheses, and share prices are as of 5:30 p.m. in New York, unless otherwise specified.

Standard & Poor's 500 Index futures expiring in December lost 16.10, or 1.4 percent, to 1,108.30. Dow Jones Industrial Average futures fell 193, or 1.8 percent, to 10,364. Nasdaq-100 Index futures slipped 33, or 2.2 percent, to 1,477.50.

El Paso Corp. (EP US): The owner of the largest U.S. network of natural-gas pipelines said two of its 27 operated platforms in the Gulf of Mexico were ``heavily damaged'' by recent hurricanes and that much of its production in the region remains shut-in. The stock added 0.7 percent to $10.96 in regular trading.

Gannett Co. (GCI US): The largest U.S. newspaper publisher borrowed $1.2 billion under its unsecured revolving credit lines, bringing the total amount of such debt to about $1.9 billion. The stock fell 6.8 percent to $15.18 in regular trading.

National City Corp. (NCC US) fell 14 cents, or 4 percent, to $3.37. Ohio's biggest bank had its debt downgraded by Fitch Ratings as the economy weakens and real estate-related loans go bad.

Yahoo! Inc. (YHOO US): The company said Google Inc. (GOOG US) agreed to a ``brief delay'' in the start of a planned Internet-advertising partnership. Yahoo rose 2.7 percent to $16 in regular trading while Google lost 0.9 percent to $386.91.

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