CORRECTED - HEADLINE STOCKS-Some U.S. stocks to watch on Nov 6

Thu Nov 6, 2008 2:31pm EST
 
[-] Text [+]
  (Corrects second paragraph to show that Yang said a deal is the best option
for Microsoft, instead of a deal is the best option for Yahoo. Changes story
link to that of corrected version.)
 NEW YORK, Nov 6 (Reuters) - Some U.S. stocks to watch on Thursday:
 YAHOO INC (YHOO.O)
 MICROSOFT (MSFT.O)
 Jerry Yang, Yahoo Inc's chief executive, on Thursday said that he believes
a deal between itself and Microsoft is still the best option for the software
company. For details, see [ID:nN05361782]
 Yahoo shares closed Wednesday at $13.92 while shares of Microsoft, a Dow
component, closed at $22.08.
 WAL-MART STORES INC (WMT.N)
 The discount retailer reported an increase of 2.4 percent in October
same-store sales, above analysts' expectations. [ID:nN06535304]
 Shares of the Dow component closed Wednesday at $54.13 and edged up to
$54.35 before the bell on Thursday.
 COSTCO WHOLESALE CORP (COST.O)
 The retailer said October comparable sales fell 1 percent. Analysts were
expecting growth of 3.6 percent, including fuel. [ID:nWNAB8735]
 Shares of the company closed Wednesday at $53.17 but fell to $52.60 before
the bell.
 CISCO SYSTEMS (CSCO.O)
 The company late Wednesday said revenue could fall as much as 10 percent in
the current quarter. [ID:nN05343782]
 Shares of the technology company closed at $17.39 and fell to $16.51 before
the bell.
 AMAZON.COM INC (AMZN.O)
 Citigroup downgraded the company to hold from buy. [RCH/US]
 The stock closed at $51.98 and slid to $50 before the bell.
 AUTONATION (AN.N)
 The company swung to a loss in its third-quarter, hurt by the slump in the
U.S. auto market, as well as noncash charges for goodwill and franchise
impairments. [ID:nN06523958]
 AutoNation shares closed Wednesday at $6.09.
 TYCO ELECTRONICS (TEL.N)
 The manufacturer of electronic connectors reported fourth-quarter earnings
that beat expectations. [ID:nN06519010]
 Shares of the company closed Wednesday at $19.01.
 OFFICEMAX INC (OMX.N)
 The office supplies retail reported a net loss of $5.70 a share on a note
backed by Lehman Brothers. On an adjusted basis, it posted earnings of 36 cents
a share. [ID:nN27426256]
 OfficeMax shares closed Wednesday at $5.57.
 HERTZ GLOBAL HOLDINGS (HTZ.N)
 The car rental company said it wouldn't meet its current earnings guidance
and suspended making estimates until the economy improves. [ID:nN05360371]
 Hertz shares closed Wednesday at $6.66.
 TEVA PHARMACEUTICAL (TEVA.O)
 The generic drug maker reported third-quarter earnings that beat
expectations. [ID:nL6658735]
 Shares of Teva closed Wednesday at $40.67.
 ALNYLAM PHARMACEUTICALS INC (ALNY.O)
 The biopharmaceutical company posted a narrower-than-expected quarterly
loss, helped by lower expenses, and raised its year-end cash balance forecast
to more than $500 million. [ID:nBNG399686]
 Shares closed at $26.22 Wednesday on Nasdaq.
 LEAP WIRELESS INTERNATIONAL INC (LEAP.O)
 The low-cost mobile carrier reported quarterly results below Wall Street
estimates, hurt by higher expenses as it expands into new markets.
[ID:nBNG405755]
 Shares of the company closed at $28.75 Wednesday on Nasdaq.
 FIRST MARBLEHEAD CORP (FMD.N)
 The securitizers of student loans reported a wider-than-expected quarterly
loss, hurt by illiquidity in the financing market for private student loans.
[ID:nBNG425431]
 Shares of the company closed down 19 percent at $1.52 Wednesday on the New
York Stock Exchange.
 CADENCE DESIGN SYSTEMS INC (CDNS.O)
 Microchip-design software maker Cadence Design Systems Inc said it plans to
cut 12 percent of its global work force
, in a restructuring move widely anticipated by analysts, and said it expects a
pretax charge of about $65 million to $70 million. [ID:nBNG417891]
 Shares of the company, which have lost more than two-thirds of their value
in the last year, closed down 12 percent at $4.34 Wednesday on Nasdaq.
 XENOPORT INC (XNPT.O)
 The company posted a significantly wider-than-expected quarterly loss as
collaboration revenue fell 87 percent, and said it expects losses for the next
several years. [ID:nBNG350319]
 Shares of XenoPort closed at $40.48 Wednesday on Nasdaq.



 

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