By Nick Baker - Dec 16, 2011 5:35 AM GMT+0700
Shares of the following companies may have unusual moves in U.S. trading tomorrow. Stock symbols are in parentheses, and prices are as of 5:03 p.m. in New York.
Standard & Poor’s 500 Index futures expiring in March fell 0.1 percent to 1,211.10.
Adobe Systems Inc. (ADBE) gained 3.4 percent to $27.37. The company forecast fiscal first-quarter sales that may top analysts’ estimates amid demand for a new generation of tools that help customers design Web pages and create online video.
New York Times Co. (NYT) : The newspaper publisher said Chief Executive Officer Janet Robinson will retire and Chairman Arthur Sulzberger Jr. will serve as her interim replacement.
Progress Energy Inc. (PGN) : Duke Energy Corp. (DUK) delayed the expected closing of its $16.2 billion takeover of the Raleigh, North Carolina-based utility to March after U.S. regulators rejected its plan to ease competition concerns.
Quiksilver Inc. (ZQK) rose 6.8 percent to $3.28. The outdoor apparel company reported fourth-quarter revenue of $545 million, beating the average analyst estimate of $524.3 million in a Bloomberg survey.
Research In Motion Ltd. (RIM) declined 6.8 percent to $14.10. The maker of the BlackBerry smartphone projected lower sales and profit than analysts had estimated, dragged down by customers switching to Apple Inc.’s iPhone and Android devices.
To contact the reporter on this story: Nick Baker in New York at nbaker7@bloomberg.net
To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net
Posts
No comments:
Post a Comment