Economic Calendar

Wednesday, October 21, 2009

Drugstore.com, IMS, SanDisk, SLM, Yahoo: U.S. Equity Preview

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By Lu Wang

Oct. 21 (Bloomberg) -- Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parentheses.

Drugstore.com Inc. (DSCM US): The online seller of medicine and cosmetics said fourth-quarter sales will be at least $107 million, topping the average estimate of $100.4 million by two analysts in a Bloomberg survey.

IMS Health Inc. (RX US): The provider of prescription data to drugmakers and analysts, which is reported to be in takeover talks with private-equity firms, said it is exploring strategic alternatives.

SanDisk Corp. (SNDK US): The biggest maker of flash-memory cards used in digital cameras and mobile phones forecast sales that beat analysts’ estimates as chip prices rebounded.

SLM Corp. (SLM US): The biggest U.S. student loan company reported earnings excluding some items of 26 cents a share in the third quarter, more than five times the average analyst estimate, according to Bloomberg data.

Yahoo! Inc. (YHOO US): The owner of the second-largest U.S. search engine reported more third-quarter profit than analysts estimated after cutting costs by paring jobs and jettisoning businesses.

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




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