By Lu Wang
Aug. 13 (Bloomberg) -- Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parentheses.
Aegean Marine Petroleum Network Inc. (ANW US): The Piraeus, Greece-based supplier of fuel for ships posted second-quarter profit excluding some items of 28 cents a share, exceeding the average analyst estimate by 33 percent.
Bank of America Corp. (BAC US): Paulson & Co., the hedge fund run by billionaire John Paulson, bought 168 million shares of Bank of America in the second quarter, a regulatory filing showed, becoming the lender’s fourth-largest shareholder.
Paulson also bought 35 million shares in Regions Financial Corp. (RF US), to become the second-largest stakeholder in the Alabama bank.
China Housing & Land Development Inc. (CHLN US): The apartment developer in China’s northwestern city of Xi’an said it had a loss of 32 cents a share in the second quarter because of a charge related to the revaluation of derivatives and warrants.
Harris Corp. (HRS US): The maker of military radios boosted the low end of its earnings forecast, saying it now expects at least $3.40 a share in fiscal 2010.
LDK Solar Co. (LDK US): The Chinese maker of silicon wafers used in solar power cells reported a second-quarter loss that was wider than analysts expected on costs to write down the value of products held in inventory.
To contact the reporter on this story: Lu Wang in New York at lwang8@bloomberg.net
Posts
No comments:
Post a Comment