HEADLINE STOCKS-Some U.S. stocks to watch on Sept 3

Thu Sep 3, 2009 8:17am EDT
 
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NEW YORK, Sept 3 (Reuters) - Some U.S. stocks to watch on Thursday:

CIENA CORP (CIEN.O), $13.15, up 7.2 pct

The U.S. network equipment maker reported an adjusted third-quarter loss that was narrower than expected. [ID:nN0379741]

COSTCO WHOLESALE CORP (COST.O), $53.49, up 5.6 pct

The U.S. chain posted a smaller-than-expected 2 percent fall in August same-store sales. [ID:nBNG421486]

LIMITED BRANDS INC (LTD.N), $14.72, Wednesday close

The clothing retailer reported a drop of 4 percent in its August same-store sales. The expectation was for a drop of 5.9 percent. [ID:nWNAB6315]

ALLOS THERAPEUTICS INC (ALTH.O), $8.45, up 7.5 pct

Clinical data for the company's experimental lymphoma drug Folotyn were not overwhelming but looked promising for a certain group of patients, a U.S. medical advisory panel said on Wednesday in backing the product. [ID:nN0219979]

PRUDENTIAL FINANCIAL INC (PRU.N), $47.11, Wednesday close

The financial service company put its South Korean brokerage unit up for sale in a deal worth up to $800 million as part of a restructuring, according to a report in the Maeil business newspaper. [ID:nSEO259235]

SOLARFUN POWER HOLDINGS CO LTD (SOLF.O), $4.79, Wednesday close

The company said its Jiangsu Linyang Solarfun Co Ltd unit secured a $58.57 million credit facility from the Bank of Shanghai. [ID:nBNG20513]

ORACLE CORP (ORCL.O), $21.82, up 0.2 pct

SUN MICROSYSTEMS (JAVA.O), $9.11, down 2.3 pct

European Union antitrust regulators launched an in-depth probe Thursday into Oracle's proposed $7 billion takeover of Sun on concerns the deal could limit competition in the database market. [ID:nL3508980]  Continued...

 

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