Economic Calendar

Friday, September 25, 2009

AMR, Cepheid, Hewlett-Packard, RIM, Tibco: U.S. Equity

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By Lu Wang

Sept. 25 (Bloomberg) -- Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parentheses.

AMR Corp. (AMR US): The parent of American Airlines and four other carriers were upgraded to “buy” from “neutral” at UBS AG, which cited an economic recovery and lower bankruptcy risk. The other airlines are Alaska Air Group Inc. (ALKS US), Continental Airlines Inc. (CAL US), US Airways Group Inc. (LCC US) and UAL Corp. (UAUA US)

Cepheid Inc. (CPHD US): The maker of products to detect disease-causing agents in food and water said it won approval from the U.S. Food & Drug Administration to sell a test for genetic risk of thrombosis.

Hewlett-Packard Co. (HPQ US): The world’s biggest personal- computer maker forecast sales for 2010 that may miss some analysts’ estimates, indicating that the technology market is still taking time to recover.

Research In Motion Ltd. (RIMM US): The maker of the BlackBerry phone forecast third-quarter sales of $3.85 billion at most. That missed the average analyst estimate of $3.91 billion.

Tibco Software Inc. (TIBX US): The software company reported profit excluding some items of 13 cents a share in the fiscal third quarter, exceeding the average analyst estimate by 24 percent.


Terra Industries Inc. (TRA US): The fertilizer producer said it plans to return about $750 million in cash to shareholders through a special cash dividend of $7.50 a share,

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



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