By Nikolaj Gammeltoft - Dec 23, 2011 6:00 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 5:30 p.m. New York time.
Standard & Poor’s 500 Index futures expiring in March rose 0.2 percent to 1,251.60.
Christopher & Banks Corp. (CBK) : The Plymouth, Minnesota-based women’s clothing retailer reported a third- quarter loss of 45 cents a share excluding some items, beating the average of two analyst estimates in a Bloomberg survey of a loss of 50 cents a share.
Eastman Kodak Co. (EK) : The unprofitable 131-year-old imaging company said its board elected Laura Quatela as a second president beginning next year to serve alongside Philip Faraci.
Flextronics International Ltd. (FLEX) : The supplier of cameras and battery chargers for Apple Inc. (AAPL US) said it its board authorized a plan to buy back an additional $200 million of its outstanding shares. The company has repurchased about $182 million under a previous $200 million program announced on July 21.
Praxair Inc. (PX) : The producer of industrial gases acquired Houston-based Texas Welders Supply Co. for an undisclosed amount.
To contact the reporter on this story: Nikolaj Gammeltoft in New York at ngammeltoft@bloomberg.net
To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net.
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