By Lu Wang
Oct. 14 (Bloomberg) -- Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parentheses.
Conseco Inc. (CNO US): Paulson & Co., the hedge fund that bet against subprime mortgages, agreed to increase its stake in the life insurer by buying $77.9 million in stock and warrants.
Intel Corp. (INTC US): The world’s biggest chipmaker forecast fourth-quarter sales and profitability that topped estimates, indicating that computer demand is returning to pre- recession levels.
LDK Solar Co. (LDK US): The Chinese maker of silicon wafers used in solar power cells said Nicola Sarno, senior vice president of manufacturing, will leave the company to “pursue personal interests.”
Myriad Pharmaceuticals Inc. (MYRX US): The biopharmaceutical company said its experimental drug, MPI- 0485520, may have the potential to treat chronic inflammation, obesity and diabetes.
To contact the reporter on this story: Lu Wang in New York at lwang8@bloomberg.net
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