HEADLINE STOCKS-Some U.S. stocks on the move on August 4
(Updates to after the open, adds PepsiCo/Pepsi Bottling/PepsiAmericas, Caterpillar, Simon Property, Playboy, Rowan, Valeant, Heartland, Health Net, TransDigm, ArvinMeritor, Louisiana-Pacific, Max Capital, Hewitt, Colfax, FTI Consulting and Iconix)
NEW YORK, Aug 4 (Reuters) - Some U.S. stocks on the move on Tuesday:
PEPSICO INC (PEP.N), $58.02, up 3.3 pct
PEPSI BOTTLING GROUP INC (PBG.N), $35.92, up 6.8 pct
PEPSIAMERICAS INC (PAS.N), $28.02, up 7.2 pct
PepsiCo has agreed to buy Pepsi Bottling and PepsiAmericas in a sweetened cash-and-stock deal worth $7.8 billion, a source familiar with the talks said on Tuesday. [ID:nN041054]
CATERPILLAR INC (CAT.N), $46.11, up 2.2
The Dow component said its 2012 earnings goal is $8 to $10 a share on sales approaching $60 billion if a recovery from the current recession is normal. [ID:nWNA0551]
D.R. HORTON INC (DHI.N), $11.11, down 4.5 pct
The company reported a third-quarter loss that narrowed from the prior year. [ID:nN0468097]
EMERSON ELECTRIC CO (EMR.N), $35.13, down 3.5 pct
The company reported third-quarter earnings that missed expectations by a penny and said no significant recovery was likely before late 2010. [ID:nN0466496]
CVS CAREMARK CORP (CVS.N), $34.58, up 1.6 pct
The drug store chain reported adjusted second-quarter earnings that beat expectations by a penny and raised its full-year outlook. [ID:nN04515848]
CHURCH & DWIGHT CO INC (CHD.N), $59.90, up 1.5 pct
The company reported second-quarter earnings that beat expectations, and raised its outlook and dividend. [ID:nBNG40203] Continued...
