By Lu Wang
Oct. 1 (Bloomberg) -- Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parentheses.
Ascent Solar Technologies Inc. (ASTI US): The developer of solar modules used in outer space said it plans to sell 4 million shares, raising money to fund production expansion.
Bank of America Corp. (BAC US): The biggest U.S. bank said Chief Executive Officer Kenneth Lewis told the company’s directors he intends to retire Dec. 31.
Lawson Software Inc. (LWSN US): The St. Paul, Minnesota- based company reported 80 percent more profit than analysts estimated in the first quarter, boosted by orders for new software from health-care companies and government customers.
Penske Automotive Group Inc. (PAG US): The publicly held chain of more than 300 dealerships said it has terminated its discussions with General Motors Co. to acquire the Saturn brand, citing concerns directly related to the future supply of vehicles beyond the supply period it had negotiated with GM.
UAL Corp. (UAUA US): The parent of United Airlines said it will sell at least 19 million shares of common stock and $175 million in convertible debt, joining an industrywide push to add cash before the slow winter travel season.
Xyratex Ltd. (XRTX US): The provider of data storage and network technology reported profit excluding some items of 36 cents a share in the third quarter, exceeding the average analyst estimate by 88 percent.
To contact the reporter on this story: Lu Wang in New York at lwang8@bloomberg.net
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