By Lu Wang
Nov. 16 (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 5:30 p.m. in New York on Nov. 14, unless otherwise specified.
Standard & Poor's 500 Index futures expiring in December lost 46.20, or 5.1 percent, to 861.50. Dow Jones Industrial Average futures fell 459, or 5.2 percent, to 8,371. Nasdaq-100 Index futures slipped 79, or 6.4 percent, to 1,155.50.
American Express Co. (AXP US): The credit-card company may rise to $30 a share during the next year as it remains ``solidly profitable'' and attracts investors such as Warren Buffett, Barron's reported, without citing anyone. American Express fell 79 cents to $19.99 on Nov. 14.
Charles Schwab Corp. (SCHW US): The discount brokerage may rise once the financial market stabilizes, as its steady revenue stream and lean cost structure make the stock more resilient than other brokerages, Barron's reported, without citing anyone. Schwab fell $1.28, or 7.2 percent, to $16.61 in trading on Nov. 14.
Colgate-Palmolive Co. (CL US): The consumer products company may rise to $79 as its brand power and lower commodity prices help it improve earnings, Barron's reported, citing Lauren DeSanto, an equity analyst at Morningstar Inc. Colgate shares fell $1.64, or 2.6 percent, to $62.06 in Nov. 14 trading.
ConocoPhillips (COP US) rose $1.37, or 2.9 percent, to $48.76 in trading after the official close of exchanges. Warren Buffett's Berkshire Hathaway Inc. (BRK/A US) increased its stake in the oil producer and held more than 83 million shares as of Sept. 30, according to a regulatory filing.
Gilead Sciences Inc. (GILD US) fell $1.82, or 3.9 percent, to $45.10. The leading maker of AIDS treatments said Teva Pharmaceutical Industries Ltd. (TEVA IT) has expressed its intention to make a generic version of Gilead's top-selling drug Truvada.
Honda Motor Co. (HMC US): The Japanese automaker may be undervalued after the stock declined 46 percent from a year earlier amid a slowing global economy and falling vehicle demand, Barron's reported, citing Steven Usher, an analyst at Japaninvest Co. Honda's American depositary receipts, each representing one ordinary share, fell 76 cents to $21.65 on Nov. 14.
Lincoln National Corp. (LNC US): The insurer and Genworth Financial Inc. (GNW US) plan to buy savings and loan companies, a move that may make them eligible for the Treasury's $700 billion bailout program, according to Office of Thrift Supervision spokesman Bill Ruberry. Lincoln lost 5.2 percent to $14.35 in regular trading while Genworth slipped 3.9 percent to $1.47.
Xcel Energy Inc. (XEL US): The biggest U.S. supplier of wind- generated power to retail customers proposed a $174.7 million electricity rate increase for Colorado. The stock fell 1.6 percent to $17.98 in regular trading.
To contact the reporter on this story: Lu Wang in New York at lwang8@bloomberg.net
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