Economic Calendar

Wednesday, February 10, 2010

Baidu, Lions Gate, Netgear, Walt Disney: U.S. Equity Preview

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By Lu Wang

Feb. 10 (Bloomberg) -- Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parentheses.

Baidu Inc. (BIDU US): The operator of China’s biggest Internet search engine forecast first-quarter sales that topped analysts’ estimates after rival Google Inc. (GOOG US) said it may exit the country.

Finisar Corp. (FNSR US): The maker of fiber-optic transmission gear said in a preliminary statement that sales in the fiscal third quarter were at least $166 million, higher than its forecast.

Lions Gate Entertainment Corp. (LGF US): The independent film studio reported a third-quarter loss excluding some items of 54 cents a share, wider than the 17-cent loss estimated on average by analysts in a Bloomberg survey.

Netgear Inc. (NTGR US): The maker of networking equipment for homes and small businesses said it expects sales of at least $195 million in the first quarter, beating the average analyst estimate in a Bloomberg survey of $178.6 million.

Walt Disney Co. (DIS US): The world’s biggest media company reported fiscal first-quarter profit that beat analysts’ estimates as TV revenue rose and theme-park results stabilized.

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




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