By Lu Wang
Aug. 14 (Bloomberg) -- Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parentheses.
Ares Capital Corp. (ARCC US): The investment company said it’s offering to sell 8 million shares and plans to use part of the money to pay debt. The creation of additional shares may dilute future earnings for existing shareholders.
Blockbuster Inc. (BBI US): The largest movie-rental chain reported a loss excluding some items of 19 cents a share, 62 percent wider than the average analyst estimate, according to Bloomberg data.
China GrenTech Corp. (GRRF US): The wireless products and services company reported second-quarter profit of 8 cents a share, four times the average analyst estimate.
King Pharmaceuticals Inc. (KG US): The drugmaker betting its future on safer painkillers won U.S. approval to sell the first pain pill that users can’t easily manipulate to get high.
Lifeway Foods Inc. (LWAY US): The maker of dairy products said it earned 15 cents a share in the second quarter, more than double Taglich Brothers’ estimate.
To contact the reporter on this story: Lu Wang in New York at lwang8@bloomberg.net
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