By Lu Wang
July 7 (Bloomberg) -- Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parentheses.
Discover Financial Services (DFS US): The credit-card company said it’s offering $500 million of shares and may use the money to buy some of the U.S.’s stake from the Treasury.
Hansen Medical Inc. (HNSN US): The medical company said preliminary results showed second-quarter sales were $3.30 million at most. That’s short of the average analyst estimate of $8.72 million in a Bloomberg survey.
McMoRan Exploration Co. (MMR US): The holder of the world record for deepest oil well said it plans to deepen a well in Louisiana after drilling results were “positive.”
Tellabs Inc. (TLAB US): The maker of networking Equipment said it’s cutting about 150 jobs and expects to incur pretax costs of as much as $6 million through the first quarter of 2010.
Vimicro International Corp. (VIMC US): The maker of audio and video signal processing chips said second-quarter revenue was at least $18 million, almost double that in the previous three months.
To contact the reporter on this story: Lu Wang in New York at lwang8@bloomberg.net
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