HEADLINE STOCKS-Some U.S. stocks to watch on Dec 4

Thu Dec 4, 2008 8:42am EST
 
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 NEW YORK, Nov 4 (Reuters) - Some U.S. stocks to watch on
Thursday:
 WAL-MART STORES (WMT.N)
 The discount retailer reported November same-store sales
that were stronger than expected. For details, see
[ID:nN04357535]
 Shares of the Dow component closed Wednesday at $54.38 and
rose to $56.39 before the bell on Thursday.
 DUPONT (DD.N)
 The company forecast a fourth-quarter loss and said it
would be making job reductions. [ID:nWNAB9628]
 Shares of the Dow component slid 7.2 percent to $21.92 in
premarket trade on Thursday.
 GENERAL MOTORS GM.N
 GM and Chrysler are considering accepting a prearranged
bankruptcy as the last-resort price of getting a multibillion
 dollar government bailout, according to Bloomberg.
[ID:nL4396271]
 Shares of GM, a Dow component, closed Wednesday at $4.90
and slid to $4.81 before the bell on Wednesday.
 MERCK & CO (MRK.N)
 The pharmaceutical company gave a 2009 outlook that was
below analyst expectations. [ID:nN04374909]
 Shares of the Dow component slid 5.5 percent to $25 in
premarket trade on Thursday.
 TOLL BROTHERS INC (TOL.N)
 The luxury home builder reported a fourth-quarter loss that
narrowed from the prior year as it wrote down less inventory.
[ID:nN04376437]
 AT&T INC (T.N)
 The communications company said it would cut about 12,000
jobs, or 4 percent of its work force. It also said it would
take a charge of about $600 million in its fourth quarter.
[ID:nN04378498]
 Shares of the Dow component closed Wednesday at $29.08 and
slid to $28.90 before the bell on Thursday.
 COSTCO WHOLESALE CORP (COST.O)
 The discount retailer reported a decline of 5 percent in
November same-store sales. [ID:nWNAB9472]
 Shares closed Wednesday at $51.42.
 ENZON PHARMACEUTICALS INC (ENZN.O)
 The biopharmaceutical company said on Wednesday it will
purchase part of its 4 percent convertible senior notes due
2013 and will utilize $100 million of current cash for the
tender. Shares of the company rose more than 14 percent after
the bell. They closed at $4.83 on Nasdaq.
 SYNOPSYS INC (SNPS.O)
 The world's top producer of chip-making software posted a
fourth-quarter profit above estimates and provided first
quarter and 2009 outlook range in line with estimates. Shares
of the company rose 7 percent after the bell. They closed at
$15.09 on Nasdaq.
 AEROVIRONMENT INC (AVAV.O)
 The maker of unmanned aircraft systems posted
better-than-expected quarterly results that beat Wall Street
estimates, driven by increased sales at its two major segments.
Shares of the company rose 7 percent after the bell. They
closed at $30.91 on Nasdaq.
 CIRRUS LOGIC INC (CRUS.O)
 The chipmaker provided revenue outlook for the third
quarter below analysts' estimates. Shares of the company fell
11 percent after the bell. They closed at $4.23 on Nasdaq.
 INTERSIL CORP (ISIL.O)
 The chipmaker cut its fourth-quarter outlook, citing a weak
economy, and said its Chief Financial Officer David Zinser
resigned to pursue another opportunity. Shares of the company
fell 14 percent after the bell. They closed at $9.08 on
Nasdaq.
 DIAMOND FOODS INC (DMND.O)
 The nuts and snacks seller posted quarterly earnings that
narrowly beat market estimates, boosted by brisk sales of its
snack and culinary items, but forecast second-quarter results
below estimates. Shares of the company fell 7 percent after the
bell. They closed at $30.41 on Nasdaq.
 COLLECTIVE BRANDS INC (PSS.N)
 The footwear retailer posted an 86 percent jump in
third-quarter profit, helped by higher average unit retail
prices that offset lower store traffic and unit sales. Shares
of the company rose 8 percent after the bell. They closed at
$6.81 on the New York Stock Exchange.
 JO-ANN STORES INC (JAS.N)
 The fabric and crafts retailer posted better-than-expected
quarterly profit on lower expenses, but cut its 2009 earnings
outlook, citing uncertain economic conditions. Shares of the
company fell 9 percent after the bell. They closed at $13.79 on
the New York Stock Exchange.
 (Editing by Chizu Nomiyama)



 

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