By Lu Wang
Sept. 30 (Bloomberg) -- Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parentheses.
Darden Restaurants Inc. (DRI US): The owner of the Olive Garden and Red Lobster chains said first-quarter sales dropped 2.3 percent to $1.73 billion. Analysts projected sales would rise to $1.79 billion, the average of estimates compiled by Bloomberg.
Hoku Scientific Inc. (HOKU US): The maker of fuel-cell and solar-power components said China’s Tianwei New Energy Holdings Co. agreed to a financing agreement to help complete construction of a polysilicon plant in Pocatello, Idaho.
Jabil Circuit Inc. (JBL US): The electronic-parts maker forecast first-quarter earnings excluding some items of at least 24 cents a share, topping the average estimate of 16 cents from analysts in a Bloomberg survey.
Micron Technology Inc. (MU US): The biggest U.S. producer of computer-memory chips reported a narrower loss in the fourth quarter after an industry glut eased and product prices rebounded.
Nike Inc. (NKE US): The world’s largest athletic-shoe maker posted first-quarter profit that exceeded analysts’ estimates as it cut marketing and personnel costs.
Saks Inc. (SKS US): The U.S. luxury retail chain plans to offer as much as $100 million in shares, using the proceeds to reduce debt, according to a regulatory filing.
To contact the reporter on this story: Lu Wang in New York at lwang8@bloomberg.net
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