Economic Calendar

Wednesday, September 2, 2009

Applied Signal, Hologic, VeriFone Holdings: U.S. Equity Preview

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By Lu Wang

Sept. 2 (Bloomberg) -- Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parentheses.

ADC Telecommunications Inc. (ADCT US): The maker of equipment for telephone companies forecast revenue of $175 million at most in the fourth quarter. That trailed the average analyst estimate of $277.9 million in a Bloomberg survey.

Applied Signal Technology Inc. (APSG US): The maker of gear to process communications signals reported third-quarter sales that missed analysts’ estimates and said it agreed to acquire privately held Pyxis Engineering for $16.3 million.

CA Inc. (CA US): Chief Executive Officer John Swainson, who helped the software maker recover after a $2.2 billion accounting scandal, said he will retire by the end of the year.

Hologic Inc. (HOLX US): The woman’s health-care company said the U.S. Food and Drug Administration approved its radiation therapy system for the treatment of early stage breast cancer.

Take-Two Interactive Software Inc. (TTWO US): The maker of the “Grand Theft Auto” video games posted a third-quarter loss excluding some items of 66 cents a share, narrower than the 68- cent loss estimated, on average, by analysts in a Bloomberg survey.

VeriFone Holdings Inc. (PAY US): The maker of electronic- payment equipment increased its 2009 earnings forecast to at least 83 cents a share. That exceeded the 61-cent average estimate from analysts in a Bloomberg survey.

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




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