HEADLINE STOCKS-Some U.S. stocks to watch on Jan. 09

Fri Jan 9, 2009 8:54am EST
 
[-] Text [+]
 NEW YORK, Jan 09 (Reuters) - Some U.S. stocks to watch on
Friday:
 CHEVRON (CVX.N)
 The oil and gas company late Thursday forecast significatly
lower earnings in its fourth quarter compared with the previous
quarter because of the impact of lower energy prices on its
exploration and production business. [ID:nN0844693]
 Shares of the Dow component fell 0.7 percent to $73.75 in
premarket trade.
 CITIGROUP (C.N)
 The bank expects to take a pretax charge of $1.4 billion in
its fourth quarter because of its exposure to LyondellBasell,
which filed for bankruptcy protection this week.
[ID:nN08361754]
 Later, Fox-Pitt widened its fourth-quarter loss estimate on
Citigroup to $1.56 a share from 97 cents a share.
[ID:nWNAB8326]
 Shares of Citigroup, a Dow component, fell 4 cents to $7.12
in premarket trade.
 FORD MOTOR CO (F.N)
 The car company said it was committed to production cuts
forced by the global economic slowdown, as well as maintaining
investments in such new products as its Sync audio platform.
[ID:nN08200836]
 Shares of Ford closed Thursday at $2.69.
 BANK OF AMERICA (BAC.N)
 Mark Matthews, the chief Asia strategist at Merrill Lynch,
left th efirm as part of a restructuring, after the company was
taken over by Bank of America. Matthews is one of many
executives who has left the company since the acquisition was
completed. [ID:nSIN302980]
 Shares of the Dow component slid 1.9 percent to $13.28.
 UBS (UBSN.VX) (UBS.N)
 The Swiss wealth management company Friday said it was
closing all the offshore accounts of its U.S. clients, as it
comes under pressure from U.S. tax authorities. [ID:nL9251592]
 U.S.-listed shares of UBS closed Thursday at $15.04.
 WALT DISNEY CO (DIS.N)
 INTEL (INTC.O)
 Disney threw its support behind a new chip developed by
Intel, which lets TV viewers interact with programming. The
company said the chip could let viewers access complementary
content during the series finale of the program "Lost" next
year. [ID:nN08340909]
 Shares of Disney closed Thursday at $22.90 while Intel
shares closed at $14.55. Both companies are Dow components.
 APOLLO GROUP INC (APOL.O)
 Apollo Group Inc, the parent company of the University of
Phoenix, posted a quarterly profit that beat Wall Street
estimates, helped by a rise in enrollment.
 Shares of the company closed at $77.22 Thursday on Nasdaq.
They rose 8.8 percent to $84 after market close. [nBNG423195]
 AMERICAN MEDICAL SYSTEMS HOLDINGS INC (AMMD.O)
 American Medical Systems Holdings Inc, a supplier of
urological medical devices, reported better-than-expected
preliminary fourth-quarter sales, boosted by growth in its
women's health business.
 Shares of the company closed at $8.90 Thursday on Nasdaq.
They rose 6.7 percent after market close to $9.50.
[nBNG420842]
 HEALTHWAYS INC (HWAY.O)
 Healthways Inc reported quarterly income of 37 cents per
share, which beat market estimates.
 Shares of the company closed at $10.35 Thursday on Nasdaq.
They rose 6.2 percent to $10.99 after market close.
 HANSEN MEDICAL INC (HNSN.O)
 Hansen Medical forecast fourth quarter revenue in the range
of $7.1 million to $7.4 million, versus Street view of $12.50
million. The company said the economic downturn and its effect
on customers' capital spending had been more dramatic than
anticipated.
 Shares of the company closed at $6.26 Thursday on Nasdaq.
They dropped 11 percent after market close to $5.58.
 (Reporting by Ryan Vlastelica, Editing by Chizu Nomiyama)



 

Featured Broker sponsored link