Economic Calendar

Wednesday, June 10, 2009

Barnes, LaSalle, Oxford, Shuffle Master: U.S. Equity Preview

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By Lu Wang

June 10 (Bloomberg) -- Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parentheses.

Barnes Group Inc. (B US): The maker of components for automobiles and aircraft withdrew its full-year earnings forecast, citing “increased uncertainty in the transportation sector.”

ITT Corp. (ITT US): The maker of “jammers” that prevent remotely triggered roadside bombs from detonating won a U.S. Army contract valued at $363.1 million for radio systems.

LaSalle Hotel Properties (LHO US): The real estate investment trust focused on luxury and upscale full-service hotels said it plans to sell 6.5 million common shares.

Oxford Industries Inc. (OXM US): The maker of Tommy Bahama clothing reported earnings of 42 cents a share in the first quarter, beating the average analyst estimate by 71 percent.

Shuffle Master Inc. (SHFL US): The maker of casino-chip sorters and card shufflers reported second-quarter profit excluding some items of 10 cents a share, more than double the average analyst estimate.

Stone Energy Corp. (SGY US): The independent oil and gas company said it’s offering 6 million shares, raising money to pay back debt.

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




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