Economic Calendar

Wednesday, November 4, 2009

Hartford, Maxwell, Pacer, True Religion: U.S. Equity Preview

Share this history on :

By Lu Wang

Nov. 4 (Bloomberg) -- Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parentheses.

Hartford Financial Services Group Inc. (HIG US): The insurer boosted its full-year profit forecast after third- quarter adjusted earnings exceeded analysts’ estimates.

Maxwell Technologies Inc. (MXWL US): The maker of electronic components posted a loss excluding some items of 7 cents a share in the third quarter, 84 percent wider than the average analyst estimate in a Bloomberg survey.

Pacer International Inc. (PACR US): The provider of trucking, freight and transportation logistics services posted third-quarter profit of 2 cents a share. Analysts surveyed by Bloomberg on average estimated the company would have a 2 cent per-share loss.

Stec Inc. (STEC US): The maker of memory chips forecast fourth-quarter sales of $103 million at most, trailing the $106.6 million average estimate of analysts surveyed by Bloomberg.

True Religion Apparel Inc. (TRLG US): The seller of jeans forecast 2009 profit of $1.86 a share at most, missing the $1.87 average per-share estimate of analysts surveyed by Bloomberg.

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




No comments: