Economic Calendar

Thursday, October 22, 2009

EBay, Robert Half, Switch & Data, TriQuint: U.S. Equity Preview

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By Lu Wang

Oct. 22 (Bloomberg) -- Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parentheses.

EBay Inc. (EBAY US): The owner of the most visited U.S. e- commerce Web site forecast fourth-quarter profit that missed some analysts’ estimates after shifting into faster-growing but less-lucrative businesses.

F5 Networks Inc. (FFIV US): The maker of products that manage companies’ computer networks said it expects to earn at least 47 cents a share in the fiscal first quarter, beating the 42-cent average estimate from analysts in a Bloomberg survey.

Robert Half International Inc. (RHI US): The supplier of temporary workers reported profit of 60 cents a share in the third quarter, beating the average analyst estimate by 62 percent.

Switch & Data Facilities Co. (SDXC US): The provider of data centers and Internet services agreed to be bought by Equinix Inc. (EQIX US) in a transaction valued at about $689 million in cash and stock. Equinix slipped 4.9 percent to $93.

Terex Corp. (TEX US): The world’s third-largest maker of construction equipment reported a wider loss in the third quarter than some analysts estimated and said a return to profit is “unlikely” in the current period.

TriQuint Semiconductor Inc. (TQNT US): The provider of chips for mobile phones forecast fourth- quarter profit of 12 cents a share at most. That trailed the average analyst estimate of 13 cents in a Bloomberg survey.

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




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