HEADLINE STOCKS-U.S. stocks on the move on May 6

Wed May 6, 2009 1:20pm EDT
 
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 (Updates to add Amazon, Kenneth Cole, Talbots, True Religion, Parker Drilling,
American Capital and SumTotal)
 NEW YORK, May 6 (Reuters) - Some U.S. stocks on the move on
Wednesday:
 BANK OF AMERICA CORP (BAC.N)
 Regulators said the stress test results showed Bank of America has a $34
billion capital shortfall, an industry source familiar with the results told
Reuters. [ID:nN05520304]
 The stock, a Dow component, soared 13 percent to $12.20.
 CITIGROUP INC (C.N)
 The bank may have to raise $5 billion to $10 billion in new
capital in order to meet a U.S. government requirement that it
holds up to $55 billion in capital, the New York Times reported
on Wednesday. [ID:nBNG206245]
 The stock, a Dow component, was up 5.7 percent at $3.50.
 WALT DISNEY CO (DIS.N)
 Shares of the media and entertainment group, a Dow
component, rose 11 percent to $25.77 a day after it reported a
26 percent drop in second-quarter profit, though results beat
expectations. [ID:nN05507452]
 EBAY INC (EBAY.O)
 The online auction site said it would close its Vancouver
facility in a move to consolidate its North American consumer
service centers. The facility employs 700 people.
[ID:nN05483215]
 Shares rose 0.3 percent to $17.25.
 MARSH & MCLENNAN COS INC (MMC.N)
 The insurance broker reported adjusted earnings that missed
expectations. [ID:nN05536504]
 Shares rose 6.9 percent to $22.
 FORTRESS INVESTMENT GROUP LLC (FIG.N)
 Shares of the hedge fund company rose 12 percent to $7.43
on Wednesday after the company reported a first-quarter loss,
but topped expectations. [ID:nN06508979]
 ORBITZ WORLDWIDE INC (OWW.N)
 The online travel agency reported adjusted first-quarter
earnings of 1 cent a share. The consensus expectation was for a
loss of 2 cents a share. [ID:nN06487116]
 Shares rose 17 percent to $2.46.
 AMAZON.COM INC (AMZN.O)
 Shares of the online retailer slid 0.9 percent to $81.20
after it introduced a new version of its Kindle e-reader
product, which sells for $489. [ID:nN06192193]
 GARMIN LTD (GRMN.O)
 Shares of the navigation device maker fell 15 percent to
$21.81 after it reported first-quarter results that were below
the Wall Street view. [ID:nBNG124523]
 TALBOTS INC (TLB.N)
 Shares of the women's apparel retailer tumbled 14 percent
to $2.60 after it affirmed its expectation for a first-quarter
loss and said it would no longer report quarterly sales results
separately. [ID:nN061452]
 PARKER DRILLING CO (PKD.N)
 Shares of the drilling company rose 14 percent to $3.70
after it reported adjusted first-quarter results that beat
expectations. [ID:nBNG435826]
 TRANSOCEAN LTD (RIG.N)
 The shipping company reported a decline in its quarterly
results and revenue that was flat with the prior year.
[ID:nN06504281]
 Shares rose 4.3 percent to $76.11.
 KENNETH COLE PRODUCTIONS INC (KCP.N)
 Shares of the company sank 14.5 percent to $7.50 after it
reported a first-quarter loss and forecast weak second-quarter
results. [ID:nBNG435820]
 AMERICAN CAPITAL LTD (ACAS.O)
 Shares tumbled 34 percent to $3.17 after the company said
it was in default on $2.3 billion of unsecured debt.
[ID:nBNG374848]
 SUMTOTAL SYSTEMS INC (SUMT.O)
 Shares rose 16 percent to $4.48 after Vista Equity Partners raised its
offer to buy SumTotal to $4.50 a share in cash. [ID:nBNG401677]
 DOLLAR THRIFTY AUTOMOTIVE GROUP INC (DTG.N)
 Shares of the car rental company rose 3.2 percent to $4.88
after it reported a narrower first-quarter loss and said it
expects rental revenues for the year to be down 6 percent to 12
percent for the year. [ID:nBNG375616]
 DEVON ENERGY CORP (DVN.N)
 Shares of the company rose 10 percent to $59.87 after it
reported adjusted earnings of 48 cents a share. The analysts'
consensus view was 29 cents a share. [ID:nN06521763]
 BLACKSTONE GROUP LP (BX.N)
 Shares of the private equity company rose 15 percent to
$13.95 after it reported a first-quarter loss that was narrower
than expected. [ID:nN06541975]
 REGAL ENTERTAINMENT GROUP (RGC.N)
 Shares of the movie theater chain rose 0.8 percent to
$13.93 after it named Amy Miles as chief executive officer,
effective June 30. [ID:nN06547953]
 APAC CUSTOMER SERVICES INC (APAC.O)
 Shares of the customer care center operator soared 43
percent to $5.33 after it posted first-quarter earnings, and
gave a 2009 outlook that beat expectations. [ID:nWNAB3743]
 AMERICAN MEDICAL SYSTEMS HOLDINGS INC (AMMD.O)
 The company raised its 2009 earnings outlook.
[ID:nBNG380068]
 Shares rose 19 percent to $14.38.
 PITNEY BOWES INC (PBI.N)
 Shares of the U.S. mail services provider fell 11 percent
to $23.15 after it reported quarterly results and gave a weak
2009 outlook. [ID:nBNG381093]
 CHARLES RIVER LABORATORIES INTERNATIONAL INC (CRL.N)
 The preclinical drug-testing services company reported
quarterly results and affirmed its 2009 outlook.
[ID:nBNG360024]
 The stock rose 1.7 percent to $28.29.
 VOLCANO CORP (VOLC.O)
 The medical device maker reported quarterly results,
including a 34 percent increase in revenue. [ID:nBNG381217]
 Shares rose 4.4 percent to $13.46.
 BIGBAND NETWORKS INC (BBND.O)
 The network equipment maker forecast a weak second quarter
as customers continued to be cautious on spending.
[ID:nBNG382399]
 Shares fell 17 percent to $5.65.
 TRICO MARINE SERVICES INC (TRMA.O)
 Shares of the oil field services company fell 5.5 percent
to $5.48 after it reported its first-quarter results.
[ID:nWEN8504]
 VALUECLICK INC (VCLK.O)
 The online advertising firm reported quarterly results that
beat expectations. [ID:nBNG380550]
 Shares fell 5.5 percent to $10.24.
 TRUE RELIGION APPAREL INC (TRLG.O)
 The apparel company said first-quarter profit rose 10
percent and affirmed its full-year outlook. [ID:nBNG369639]
 Shares jumped 24 percent to $21.99.
 HELIX ENERGY SOLUTIONS GROUP INC (HLX.N)
 The company recorded first-quarter earnings that beat
analysts' estimates. [ID:nBNG372961]
 Shares rose 13 percent to $11.09.
 NEUROCRINE BIOSCIENCES INC (NBIX.O)
 The biopharmaceutical company said it would lay off about
60 employees. [ID:nWNAB3632]
 Shares slid 0.3 percent to $3.30.
 (Reporting by Ryan Vlastelica; Editing by Kenneth Barry)

 

Companies In This Article

Bank of America Corporation (BAC.N) Quote, Profile, Research
Citigroup Inc. (C.N) Quote, Profile, Research
The Walt Disney Company (DIS.N) Quote, Profile, Research
eBay Inc (EBAY.O) Quote, Profile, Research
Marsh & McLennan Companies, Inc. (MMC.N) Quote, Profile, Research
Fortress Investment Group LLC (FIG.N) Quote, Profile, Research
Orbitz Worldwide, Inc. (OWW.N) Quote, Profile, Research
Amazon.com, Inc. (AMZN.O) Quote, Profile, Research
Garmin Ltd (GRMN.O) Quote, Profile, Research
Talbots Inc (TLB.N) Quote, Profile, Research
Parker Drilling Company (PKD.N) Quote, Profile, Research
Transocean Ltd. (RIG.N) Quote, Profile, Research
Kenneth Cole Productions Inc (KCP.N) Quote, Profile, Research
American Capital, Ltd. (ACAS.O) Quote, Profile, Research
SumTotal Systems, Inc. (SUMT.O) Quote, Profile, Research
Dollar Thrifty Automotive Group, Inc. (DTG.N) Quote, Profile, Research
Devon Energy Corporation (DVN.N) Quote, Profile, Research
The Blackstone Group L.P. (BX.N) Quote, Profile, Research
Regal Entertainment Group (RGC.N) Quote, Profile, Research
APAC Customer Services inc (APAC.O) Quote, Profile, Research
American Medical Systems Holdings, Inc. (AMMD.O) Quote, Profile, Research
Pitney Bowes Inc. (PBI.N) Quote, Profile, Research
Charles River Laboratories International, Inc. (CRL.N) Quote, Profile, Research
Volcano Corporation (VOLC.O) Quote, Profile, Research
BigBand Networks, Inc. (BBND.O) Quote, Profile, Research
Trico Marine Services, Inc. (TRMA.O) Quote, Profile, Research
ValueClick Inc (VCLK.O) Quote, Profile, Research
True Religion Apparel, Inc. (TRLG.O) Quote, Profile, Research
Helix Energy Solutions Group, Inc. (HLX.N) Quote, Profile, Research
Neurocrine Biosciences Inc (NBIX.O) Quote, Profile, Research

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