HEADLINE STOCKS-U.S. stocks to watch on June 4

Thu Jun 4, 2009 8:35am EDT
 
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 NEW YORK, June 4 (Reuters) - Some U.S. stocks to watch on
June 4:
 WAL-MART STORES INC (WMT.N)
 The discount retailer said it would add more than 22,000
jobs in its U.S. namesake stores in 2009. [ID:nN03123661]
 Shares closed Wednesday at $50.88.
 COSTCO WHOLESALE CORP (COST.O)
 The retailer reported a drop of 7 percent in its May
same-store sales when fuel is included. Comparable sales were
up 1 percent excluding fuel. [ID:nBNG109510]
 Shares closed Wednesday at $48.47.
 CIENA CORP (CIEN.O)
 Shares fell 5 percent to $10.47 in premarket trading after
it reported a bigger-than-expected second-quarter loss and
sales that were lower than expected. [ID:nN03110699]
 GOLDMAN SACHS GROUP INC (GS.N)
 Bernstein Research upgraded the financial services company
to outperform from market perform and raised its price target
to $176 from $113. [ID:nWNAB6552]
 APPLE INC (AAPL.O)
 Societe Generale started coverage on the company at buy,
calling it one of the strongest brands in the consumer
electronic industry. [ID:nBNG386177]
 Separately, Apple said it would invest up to $1 billion
over the next nine years to build a data center in North
Carolina. [ID:nN03132336]
 Shares fell 0.5 percent to $140.31 in premarket trading.
 FORD MOTOR CO (F.N)
 The auto company's car venture in China sold 48.7 percent
more vehicles from a year earlier, its Chinese partner said.
[ID:nSHA320235]
 Shares rose by a penny to $6.19 in premarket trading.
 UAL CORP (UAUA.O)
 The parent company of United Airlines has asked Boeing
(BA.N) and Airbus (EAD.PA) to put forward competing bids for up
to 150 new airliners, according to a report in the Wall Street
Journal. [ID:nBNG175386]
 Shares closed Wednesday at $5.29.
 HALOZYME THERAPEUTICS INC (HALO.O)
 The company said it wouldn't further develop its
bisphosphonate-PH20 Phase 1 program for osteoporosis based on
results of an open-label study. [ID:nBNG337653]
 Shares fell 8.6 percent to $7.08 in after-hours trading.
 COLLECTIVE BRANDS INC (PSS.N)
 The footwear retailer reported first-quarter earnings that
beat expectations but forecast a challenging sales environment
in the second quarter. [ID:nBNG489889]
 Shares rose 4 percent at $16.60 in trading after the bell.
 GEOEYE INC (GEOY.O)
 The company said the previously-announced problem with one
of its satellites didn't materially impact revenue and that
even under the worst case, the impact will be less than 5
percent of projected revenue.[ID:nBNG337693]
 Shares rose 9 percent at $23.97 in after-market trade.
 HOT TOPIC INC (HOTT.O)
 The company posted a worse-than-expected 6.4 percent drop
in May same-store sales, hurt by lower transactions and a fall
in average transaction amount. [ID:nBNG318827]
 Shares fell 7.7 percent to $6.96 in after-hours trading.
 COMTECH TELECOMMUNICATIONS CORP (CMTL.O)
 The telecommunications equipment maker posted quarterly
earnings that beat estimates. [ID:nBNG291250]
 Shares rose 6.2 percent to $31.08 in after-hours trading.
 ADOLOR CORP (ADLR.O)
 The biopharmaceutical company said it was cutting about 28
percent of its workforce and restructuring its discovery group
to focus on late-stage, preclinical compounds to lower cash
burn. [ID:nBNG318680]
 Shares closed at $2.26 on Wednesday.
 G-III APPAREL GROUP LTD (GIII.O)
 The clothing maker posted a narrower-than-expected
quarterly loss, helped by strength at its dress and sportswear
businesses, and forecast second-quarter revenue slightly above
Wall Street estimates. [ID:nBNG465869]
 Shares closed at $8.44 on Wednesday.
  (Reporting by Ryan Vlastelica; Editing by Padraic Cassidy)


 

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