Economic Calendar

Friday, August 7, 2009

Chiquita, Computer Sciences, Leap, Nvidia: U.S. Equity Preview

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By Lu Wang

Aug. 7 (Bloomberg) -- Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parentheses.

Chiquita Brands International Inc. (CQB US): The seller of bananas and other produce posted second-quarter earnings excluding some items of $2.08 a share, more than two times higher than the average analyst estimate, according to Bloomberg data.

Computer Sciences Corp. (CSC US): The U.S. computer services provider boosted its full-year earnings forecast after first-quarter profit topped the average analyst estimate by 44 percent.

Crocs Inc. (CROX US): The maker of colorful clogs with holes said that, excluding some items, it expects a loss of 14 cents a share at most in the third quarter. That’s narrower than the 20-cent average estimate from analysts in a Bloomberg survey.

Fuel Systems Solutions Inc. (FSYS US): The company whose devices allow internal-combustion engines to run on alternative fuels boosted its 2009 forecast, projecting sales of at least $370 million. Analysts, on average, expected $353.4 million, according to a Bloomberg survey.

Leap Wireless International Inc. (LEAP US): The pay-as-you- go mobile phone company reported second-quarter profit and revenue that trailed analysts’ estimates as rivals step up competition with new products and expansion plans.

Nvidia Corp. (NVDA US): The second-largest maker of graphics chips forecast sales of as much as $830.9 million in the third quarter, compared with an average analyst estimate of $757 million.

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




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