Economic Calendar

Thursday, September 29, 2011

AMD, Atmos Energy, AutoZone, Discover Financial, Thor: U.S. Equity Preview

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By Joanna Ossinger - Sep 29, 2011 11:00 AM GMT+0700

Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parentheses.

Advanced Micro Devices Inc. (AMD) : The second-largest maker of processors for personal computers reduced its forecasts for third-quarter sales and profitability, citing manufacturing glitches.

Atmos Energy Corp. (ATO) : The natural-gas distributor said in a statement that its board has approved a stock buyback of up to 5 million shares.

AutoZone Inc. (AZO) : The auto-parts retailer said in a statement that its board authorized the repurchase of an additional $750 million of shares for a total of $11.2 billion since the inception of the program in 1998.

Discover Financial Services (DFS) : The Riverwoods, Illinois-based credit-card lender said U.S. regulators plan to bring an enforcement case over how it marketed fee-based products.

Thor Industries Inc. (THO) : The recreational-vehicle maker said it earned 65 cents a share excluding some items in the fourth quarter, beating the average analyst estimate of 61 cents in a Bloomberg survey.

To contact the reporter on this story: Joanna Ossinger in New York at jossinger@bloomberg.net

To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net




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