HEADLINE STOCKS-U.S. stocks to watch on April 22
NEW YORK, April 22 (Reuters) - Some U.S. stocks to watch on
Wednesday:
AT&T INC
Shares of the communications company, a Dow component, rose
4.7 percent to $26.48 in premarket after it reported
first-quarter results that beat expectations. For more see
[nN22461975].
BOEING CO
Shares of the plane maker, a Dow component, rose 1 percent
to $37.02 in premarket trade on Wednesday after it reported its
first-quarter results and cut its outlook. [nWNAB6091]
MORGAN STANLEY
Shares fell 7.4 percent to $22.82 in premarket after the
financial services company reported a first-quarter loss and
cut its dividend to 5 cents in a move to enhance its capital.
[nWNAB6145]
WELLS FARGO
Shares of the bank fell 1.3 percent to $18.56 in premarket
after it reported a first-quarter profit in line with its prior
outlook. [nN22525562]
MCDONALD'S CORP
Shares of the fast food chain, a Dow component, rose 1
percent to $56.20 in premarket after it reported its
first-quarter results.
ALTRIA GROUP
The tobacco company reported first-quarter earnings that
topped expectations by a penny. [nN22413495]
Shares slid 0.9 percent to $16.58 in premarket trade.
KIMBERLY-CLARK
The company reported first-quarter earnings that were down
from the prior year but beat expectations by a penny.
[nBNG438236]
Shares closed Tuesday at $49.95.
WELLPOINT
The health insurance company reported first-quarter
earnings that trumped expectations. [nN20404010]
CONTINENTAL AIRLINES
The airline reported its fifth straight quarterly loss,
hurt by weaker travel demand. [nN22518780]
Shares closed Tuesday at $15.
PEPSI BOTTLING GROUP
The company reported its first-quarter results and raised
its full-year earnings outlook. [nN22463721]
The stock closed Tuesday at $30.16.
AIRTRAN HOLDINGS
Shares rose 7.3 percent to $5.99 in premarket trade after
it reported its first-quarter results and said it expects to
remain profitable every quarter this year. [nWNAB6048]
BANK OF AMERICA
Citigroup raised its 2009 earnings outlook on the bank to
65 cents a share from 57 cents a share. [nWNAB6080]
FORD MOTOR CO
Shares of the automaker surged 10 percent to $4.18 in
premarket after Goldman Sachs added the stock to its conviction
buy list. [nWNAB6086]
FEDEX CORP
Bank of America-Merrill Lynch upgraded the company to
neutral and lifted its price target to $56 from $48.
TUPPERWARE BRANDS
The food storage container company reported first-quarter
results above its forecast and raised its 2009 outlook.
[nN21484570]
Shares closed Tuesday at $21.36.
YAHOO INC
Shares of the Internet company rose 2.9 percent to $14.80
in premarket trade after it late Tuesday reported first-quarter
earnings that met expectations and said it would cut 5 percent
of its work force. [nN21506492]
GILEAD SCIENCES
The pharmaceutical company late Tuesday reported
first-quarter earnings that beat expectations. [nN21496038]
Shares closed Tuesday at $43.73.
RC2 CORP
The toymaker posted a surprise first-quarter profit and
affirmed its full-year earnings outlook. [nBNG492410]
Shares rose 23 percent after the bell.
C.H. ROBINSON WORLDWIDE INC
The third-party logistics provider posted a
better-than-expected quarterly profit. [nBNG425903]
Shares rose 8 percent in after-market trade.
SOUTH FINANCIAL GROUP INC
The financial services firm posted a quarterly loss that
was wider than expected, hurt by high credit costs.
[nBNG493554]
Shares dropped 8 percent in trading after the bell.
WASTE SERVICES INC
The solid waste disposal company reported its quarterly
results and forecast higher-than-expected full-year earnings.
[nBNG493526]
Shares rose 24 percent in after-market trade.
FULTON FINANCIAL CORP
The financial holding company reported an 81 percent fall
in first-quarter profit, hurt by a rise in provisions for bad
loans. [nBNG494099]
Shares fell 6 percent in trading after the bell.
PHARMACEUTICAL PRODUCT DEVELOPMENT
The clinical research service provider posted first quarter
earnings that missed market estimates by a cent, and forecast
2009 profit below analysts' expectations. [nWEN7536]
Shares dropped 6 percent in after-market trade.
MANHATTAN ASSOCIATES INC
The developer of supply chain management software cut its
2009 revenue view and eliminated 100 positions. [nWNAB5763]
Shares rose 6 percent in after-market trade.
(Reporting by Ryan Vlastelica; Editing by James Dalgleish)
((ryan.vlastelica@thomsonreuters.com; Tel: +1 646-223-6014;
Reuters Messaging: ryan.vlastelica@reuters.com@reuters.net))
Keywords: MARKETS STOCKS HEADLINES
Keywords: MARKETS STOCKS HEADLINES
Keywords: MARKETS STOCKS HEADLINES
Keywords: MARKETS STOCKS HEADLINES
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