Eclipsys, FCStone, J.M. Smucker, SunPower: U.S. Equity Movers

By Rita Nazareth

Feb. 25 (Bloomberg) -- Shares of the following companies were having unusual fluctuations in U.S. trading. Stock symbols are in parentheses and prices are as of 9:45 a.m. in New York.

AT&T Inc. (T US) rose 2.3 percent to $23.78. The second- largest U.S. phone company was raised to “overweight” from “neutral” at JPMorgan Chase & Co., which said “wireline guidance assumptions are conservative.”

DreamWorks Animation SKG Inc. (DWA US) lost 5.4 percent to $18.69. The maker of the “Shrek” movies posted fourth-quarter profit excluding some items of 46 cents a share, missing the average analyst estimate by 26 percent.

Eclipsys Corp. (ECLP US) fell 3.7 percent to $9.13. The health-care information-technology provider reported fourth- quarter earnings excluding some items of 7 cents a share, missing the average analyst estimate by 21 percent. Eclipsys was also cut to “hold” from “buy” at Deutsche Bank AG.

FCStone Group Inc. (FCSX US) plunged 57 percent to $1.70. The commodity researcher and brokerage said it underestimated the potential losses related to an energy-trading account, increasing the provision by at least $1.30 a share for the second quarter.

First Solar Inc. (FSLR US) fell 15 percent to $116.57. The world’s largest maker of thin-film solar power modules said 2009 sales will of $1.9 billion at most, missing the average $1.99 billion analyst estimate.

SunPower Corp. (SPWRA US) fell 6.9 percent to $30.79. LDK Solar Co. (LDK US) lost 4.6 percent to $5.66.

Ford Motor Co. (F US) gained 1.9 percent to $2.04. Executive Chairman Bill Ford and Chief Executive Officer Alan Mulally will take 30 percent pay cuts and the unprofitable carmaker’s salaried workers will forgo 2009 bonuses, according to a company memo obtained by Bloomberg News. Local officers of the United Auto Workers also approved concessions and set March 9 as a target date to get approval from rank-and-file members.

Hormel Foods Corp. (HRL US) added 3.7 percent to $33.14. The maker of Spam lunch meat will replace American Capital Ltd. (ACAS US) in the Standard & Poor’s 500 Index, S&P said in a statement. Ventas Inc. (VTR US) will replace Jones Apparel Group Inc. (JNY US) in the benchmark. Ventas added 2.2 percent to $24.81.

J.M. Smucker Co. (SJM US) lost 5.8 percent to $38.75. The maker of jams, Crisco shortening and Jif peanut butter said 2009 earnings excluding some items will be $3.30 per share at most, less than the average $3.49 analyst estimate.

KBR Inc. (KBR US) rose 1.3 percent to $13.65. The U.S. engineering firm that split from Halliburton Co. last year reported fourth-quarter sales of $3.4 billion, beating the average analyst estimate by 16 percent. Earnings of 68 cents a share, excluding items, topped the average estimate by 65 percent.

Marsh & McLennan Cos. (MMC US) fell 2.5 percent to $18.95. The second-largest insurance brokerage was cut to “underperform” from “market perform” at FBR Capital Markets, which forecast “meaningful margin erosion” at the company’s consulting business. FBR also lowered its 2009 earnings forecast and cut its share-price estimate to $15.50 from $20.

Wynn Resorts Ltd. (WYNN US) fell 11 percent to $23. The biggest U.S. casino company by market value reported a fourth- quarter profit excluding some items of 7 cents a share, missing the average analyst estimate by 84 percent.

To contact the reporter on this story: Rita Nazareth in New York at nazareth@bloomberg.net.