By Lu Wang
Sept. 10 (Bloomberg) -- Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parentheses.
Navistar International Corp. (NAV US): The largest maker of blast-proof trucks for the U.S. military reduced its forecast, saying it expects to earn $5.25 a share at most in fiscal 2009.
Photronics Inc. (PLAB US): The maker of imaging technology said it plans to offer 6.28 million shares and $50 million of convertible senior notes, raising money to repay debt.
Smith & Wesson Holding Corp. (SWHC US): The gun maker forecast second-quarter revenue of at least $103 million, exceeding the average analyst estimate of $97.8 million.
Talbots Inc. (TLB US): The chain specializing in clothing for women 35 and older was upgraded to “buy” from “hold” at Citigroup Inc., which said sales will probably rebound in the next six months.
Texas Instruments Inc. (TXN US): The second-largest U.S. chipmaker forecast third-quarter sales and profit that beat analysts’ predictions because of improving demand for chips used in computers and consumer electronics.
To contact the reporter on this story: Lu Wang in New York at lwang8@bloomberg.net
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