By Lu Wang
June 9 (Bloomberg) -- Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parentheses.
Men’s Wearhouse Inc. (MW US): The apparel retailer said it earned 10 cents a share in the first quarter. Analyst had expected the company to break even, according to the average estimate in a Bloomberg survey.
Microchip Technology Inc. (MCHP US): The maker of semiconductors was raised to “neutral” from “underperform” at Bank of America Corp., which cited improved orders, especially from China. The brokerage boosted the share-price estimate to $23 from $17.
Pep Boys - Manny, Moe & Jack (PBY US): The automotive retailer and service chain reported profit excluding some items of 14 cents a share in the first quarter. That beat the average analyst estimate by 89 percent, according to Bloomberg data.
Quiksilver Inc. (ZQK US): The clothing maker reported second-quarter earnings excluding some items of 5 cents a share, trailing the average analyst estimate by 14 percent.
Texas Instruments Inc. (TXN US): The second-largest U.S. chipmaker raised its second-quarter sales and profit forecasts as demand improved for wireless semiconductors.
To contact the reporter on this story: Lu Wang in New York at lwang8@bloomberg.net
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