By Lu Wang
Aug. 19 (Bloomberg) -- Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parentheses.
American Dental Partners Inc. (ADPI US): The provider of management services for dental practices said it will sell 2.26 million shares, which may dilute the value of existing equity.
Eli Lilly & Co. (LLY US): The company halted development of its experimental bone drug arzoxifene, one of its most promising new treatments, after a study found it didn’t prevent non-spinal fractures and increased the risk of blood clots.
Hewlett-Packard Co. (HPQ US): The world’s largest personal- computer maker said revenue this quarter will grow about 8 percent from the previous three months, suggesting $29.6 billion. Analysts on average forecast $29.8 billion.
La-Z-Boy Inc. (LZB US): The maker of living-room recliners posted profit excluding some items of 5 cents a share in the fiscal first quarter. Analysts, on average, estimated a loss of 6 cents.
SAIC Inc. (SAI US): The defense contractor specializing in computer services won a $250 million contract from the U.S. Defense Logistics Agency, according to the Pentagon’s Web site.
To contact the reporter on this story: Lu Wang in New York at lwang8@bloomberg.net.
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