HEADLINE STOCKS-U.S. stocks to watch on June 5
NEW YORK, June 5 (Reuters) - Some U.S. stocks to watch on Friday:
APPLE INC (AAPL.O)
Steve Jobs, the chief executive of Apple, is on track to return to the company after a medical leave of absence, according to a report in the Wall Street Journal. [ID:nN04251941]
Shares of Apple rose 2.3 percent to $147 in premarket trading.
JPMORGAN CHASE & CO (JPM.N)
AMERICAN EXPRESS CO (AXP.N)
U.S. regulators are insisting that JPMorgan and AmEx raise equity this week before they repay bailout funds, according to a report in the Financial Times. The move comes despite strong objections from the banks. [ID:nBNG439925]
Shares of JPMorgan rose 0.4 percent to $35.50 in premarket trading while AmEx rose 1.2 percent to $25.55. Both companies are Dow components.
AMERICAN INTERNATIONAL GROUP (AIG.N)
TRANSATLANTIC HOLDINGS (TRH.N)
AIG's secondary offering of a stake of 26 million shares of Transatlantic was priced at $38 per share. [ID:nBNG232573]
Shares of AIG closed Thursday at $1.64 while Transatlantic shares fell 4.4 percent to $39.20.
NIKE INC (NKE.N)
Robert W. Baird on Friday upgraded the sportswear maker to outperform from neutral, calling it the "most global company we cover and therefore stands to gain more from a drop in the U.S. dollar than any other company on our list."
Shares of Baird closed Thursday at $57.54.
BOSTON PROPERTIES INC (BXP.N)
The office landlord late Thursday said it would sell more than 12 million shares in a move to raise cash. [ID:nN0451829]
Shares sank 4.7 percent to $50.50 in premarket trading.
GUESS INC (GES.N)
The company late Thursday reported first-quarter results that beat expectations. [ID:nWNAB6845]
Shares rose 4.7 percent to $28.30 in premarket trading.
ULTA SALON, COSMETICS & FRAGRANCE INC (ULTA.O)
The company posted quarterly results that beat expectations and forecast second-quarter results in line with market estimates. [ID:nBNG436256]
Shares rose 1.4 percent to $9.73 in premarket trading.
CASCADE CORP (CAE.N)
The truck components maker posted a quarterly loss and expects global demand for lift trucks to continue to decline through the remainder of fiscal 2010 and into 2011. [ID:nBNG332256]
Shares closed at $30.07 on Thursday. (Reporting by Ryan Vlastelica; Editing by Padraic Cassidy)
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