By Lu Wang
Nov. 24 (Bloomberg) -- The following companies may have unusual price changes in U.S. trading tomorrow. Stock symbols are in parentheses.
Standard & Poor’s 500 Index futures expiring in December lost 2.10, or 0.2 percent, to 845.90. Dow Jones Industrial Average futures gained 349, or 4.3 percent, to 8,385. Nasdaq-100 Index futures slipped 3.7, or 0.3 percent, to 1,143.25.
Analog Devices Inc. (ADI US) fell 52 cents, or 2.9 percent, to $17.65 in trading as of 5:30 p.m., after the official close of exchanges. The maker of semiconductors for companies including Cisco Systems Inc. forecast profit, excluding some items, of as much as 23 cents a share in the first quarter. That result trailed the 36-cent average estimate from analysts in a Bloomberg survey.
Citi Trends Inc. (CTRN US): The clothing retailer reported a loss of 5 cents a share in the third quarter. That’s narrower than the average 11-cent loss estimated by analysts, according to a Bloomberg survey. The stock rose 15 percent to $8.63 in regular trading.
Hewlett-Packard Co. (HPQ US): The world’s biggest personal- computer maker reported a 10 percent increase in PC sales last quarter, beating some estimates, as demand for laptops held up in the face of a slowing economy. The stock rose 3.1 percent to $35.70 in regular trading.
Pulte Homes Inc. (PHM US): The third-largest U.S. homebuilder said it will stop paying dividends to conserve cash during the housing crisis. The stock rose 23 percent to $8.76 in regular trading.
Quiksilver Inc. (ZQK US): The maker of surfing and skateboarding apparel had its debt rating cut to B+ from BB- by Standard & Poor’s. The stock rose 46 percent to $1.30 in regular trading.
United Rentals Inc. (URI US): The largest U.S. construction- equipment rental company said it named William B. Plummer as chief financial officer, effective Dec. 1. Plummer most recently served as finance chief for Dow Jones & Co., the company said. The stock jumped 16 percent to $5.53 in regular trading.
To contact the reporter on this story: Lu Wang in New York at lwang8@bloomberg.net
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