By Lu Wang
Jan. 8 (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 5:45 p.m. in New York, unless otherwise specified.
Standard & Poor’s 500 Index futures expiring in March added 1.50, or 0.2 percent, to 906.70. Dow Jones Industrial Average futures fell 48, or 0.6 percent, to 8,696. Nasdaq-100 Index futures rose 10, or 0.8 percent, to 1,249.50.
Airgas Inc. (ARG US) fell $1.17, or 3.1 percent, to $37 in trading after the official close of exchanges. The packaged-gas distributor said fiscal third-quarter profit was 74 cents to 76 cents a share, trailing the previous forecast of as much as 84 cents.
BPZ Resources Inc. (BPZ US) fell 63 cents, or 7.5 percent, to $7.75. The U.S. oil and natural-gas producer said it stopped discussions with Royal Dutch Shell Plc on a Peru venture.
Cadence Design Systems Inc. (CDNS US): The maker of programs for creating computer chips named board member Lip-Bu Tan as its new chief executive officer, ending a search for a new leader. The stock rose 2.2 percent to $4.12 in regular trading.
Chevron Corp. (CVX US): The second-biggest U.S. oil company said fourth-quarter charges were “well above” the $250 million to $300 million the company generally forecasts and that crude and natural-gas output was headed for a drop. The stock rose 0.4 percent to $74.24 in regular trading.
Coach Inc. (COH US) fell $1, or 4.8 percent, to $19.90. The largest U.S. maker of luxury leather handbags said the company lowered its second-quarter profit forecast because of “depressed” store traffic and discounts.
To contact the reporter on this story: Lu Wang in New York at lwang8@bloomberg.net
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