Economic Calendar

Wednesday, August 5, 2009

BigBand, Dynavax, Molina, TNS, Whole Foods: U.S. Equity Preview

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By Lu Wang

Aug. 5 (Bloomberg) -- Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parentheses.

BigBand Networks Inc. (BBND US): The maker of digital-video equipment said that, excluding some items, it expects a loss of at least 13 cents a share in the third quarter. Analysts, on average, estimated the company would earn 6 cents, according to a Bloomberg survey.

Dynavax Technologies Corp. (DVAX US): The biotechnology company developing products for infectious disease said it expects to resume trials on a hepatitis B vaccine as early as next month.

Kraft Foods Inc. (KFT US): The world’s second-largest foodmaker reported second-quarter sales of $10.2 billion, compared with the average analyst estimate of $10.36 billion.

Molina Healthcare Inc. (MOH US): The Long Beach, California-based provider of managed health care to poor families reduced its 2009 earnings forecast to $2.15 a share. That missed the average analyst estimate by 6.1 percent.

TNS Inc. (TNS US): The provider of data communications to credit-card-payment processors boosted its 2009 earnings forecast, saying it expects at least $2.05 a share. The company had previously projected $1.84 at most.

Whole Foods Market Inc. (WFMI US): The largest natural-food grocer reported third-quarter earnings excluding some items of 25 cents a share, exceeding the average analyst estimate by 25 percent.

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


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