Economic Calendar

Friday, January 30, 2009

Amazon, CyberSource, Data Domain, SunPower: U.S. Equity Preview

Share this history on :

By Lu Wang

Jan. 30 (Bloomberg) -- Shares of the following companies may have unusual fluctuations in U.S. trading. Stock symbols are in parentheses.

Amazon.com Inc. (AMZN US) advanced 13 percent to $56.63. The largest Internet retailer reported more fourth-quarter profit and sales than analysts estimated after promotions and discounts lured consumers to its Web site.

Columbia Sportswear Co. (COLM US) dropped 11 percent to $28.50. The outdoor apparel maker forecast first-quarter profit of 8 cents a share at most. That missed Sterne, Agee & Leach analyst Sam Poser’s estimate of 49 cents.

CyberSource Corp. (CYBS US) gained 14 percent to $11.20. The processor of payments for Web retailers reported fourth-quarter profit excluding some items of 19 cents a share, beating the average analyst estimate in a Bloomberg survey by 17 percent.

Data Domain Inc. (DDUP US) fell 17 percent to $15.85. The maker of software that helps the Pentagon store data forecast first-quarter profit before some items of 7 cents a share at most. That trailed the 12-cent average analyst estimate in a Bloomberg survey.

SunPower Corp. (SPWRA US) gained 12 percent to $32.18. The second-biggest U.S. solar module manufacturer reported fourth- quarter profit of 35 cents a share, beating the average analyst estimate by 26 percent, on higher demand for renewable energy.

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




No comments: