By [bn:PRSN=1] Whitney Kisling []
Oct. 29 (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 5:10 p.m. in New York, unless otherwise specified.
Standard & Poor's 500 Index futures expiring in December added 4.60, or 0.5 percent, to 931.60. Dow Jones Industrial Average futures gained 61, or 0.7 percent, to 8,915. Nasdaq-100 Index futures rallied 5.25, or 0.4 percent, to 1,299.25.
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.
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 20 cents, or 1 percent, to $19.40.
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.
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.
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 43 cents, or 16 percent, to $3.10.
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.
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 $1.02, or 6.9 percent, to $13.80.
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 $1.09, or 2.2 percent, to $49.60.
To contact the reporter on this story: Whitney Kisling in New York at wkisling@bloomberg.net
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