By Cristina Alesci and Rita Nazareth
Feb. 12 (Bloomberg) -- Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parentheses, and prices are as of 8:55 a.m. in New York.
Activision Blizzard Inc. (ATVI US) fell 3 percent to $9.20. The world’s largest video-game maker said first-quarter profit excluding some items will be 3 cents a share. That’s below the 11-cent average of 21 analysts’ estimates compiled by Bloomberg.
American Italian Pasta Co. (AIPC US) rose 17 percent to $31.31. The maker of dry pasta reported profit of $1.23 a share in the fiscal first quarter, almost tripling the average analyst estimate, according to Bloomberg data.
Buffalo Wild Wings Inc. (BWLD US) added 19 percent to $26.10. The restaurant chain that features Buffalo-style chicken wings said it earned 43 cents a share in the fourth quarter. That beat the average analyst estimate by 14 percent, according to Bloomberg data.
Burger King Holdings Inc. (BKC US) advanced 4.9 percent to $21.01. The second-largest U.S. hamburger chain was added to the “conviction buy” list at Goldman Sachs Group Inc. following the stock’s 16 percent retreat in 2009.
Coca-Cola Co. (KO US) rose 3 percent to $42.50. The world’s biggest soft-drink maker said fourth-quarter profit excluding some items was 64 cents a share, beating the 61-cent average analyst estimate.
Diageo Plc (DEO US) fell 5.1 percent to $50.11. The world’s biggest liquor maker signaled it may cut jobs and lowered its profit forecast as demand for Johnnie Walker whisky and Smirnoff vodka stalls, hurt by deteriorating economies around the world.
Gildan Activewear Inc. (GIL US) fell 28 percent to $7.35. North America’s biggest T-shirt maker scrapped its full-year forecast, citing “uncertainty” about the economy.
JA Solar Holdings Co. (JASO US) dropped 12 percent to $2.65. The Chinese solar-cell manufacturer lowered its sales forecast for the year to a range of $830 million to $952 million. That’s less than the $1.03 billion average estimate from analysts in a Bloomberg survey.
Kohl’s Corp. (KSS US) fell 4.1 percent to $36.38. The fourth-largest U.S. department-store chain was cut to “sell” from “neutral” at Goldman Sachs Group Inc.
Marriott International Inc. (MAR US) declined 8.9 percent to $13.80. The biggest U.S. hotel chain reported a fourth- quarter loss as the global recession reduced travel.
NetApp Inc. (NTAP US) declined 8.6 percent to $13.90. The provider of storage management hardware and software reported sales of $746 million in the third quarter. That missed the average analyst estimate by 18 percent, according to Bloomberg data.
Pfizer Inc. (PFE US): The drugmaker was raised to “outperform” from “market perform” by analyst Seamus Fernandez at Leerink Swann & Co.
Strayer Education Inc. (STRA US) dropped 13 percent to $197.89. The for-profit provider of university courses predicted first-quarter profit of as little as $1.96 a share, 2 cents less than the average analyst estimate.
Terex Corp. (TEX US) slumped 22 percent to $10.64. The world’s third-biggest maker of construction equipment posted a $425.1 million quarterly loss, said 2009 sales may fall as much as 35 percent and warned it may default on its credit covenants.
Winn-Dixie Stores Inc. (WINN US) gained 17 percent to $13.37. The grocery store chain that exited bankruptcy in 2006 reported a second-quarter adjusted loss of 3 cents a share. That’s narrower than the 13-cent average loss prediction of analysts in a Bloomberg survey.
To contact the reporters on this story: Rita Nazareth in New York at nazareth@bloomberg.net; Cristina Alesci in New York at calesci2@bloomberg.net.
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