HEADLINE STOCKS-U.S. stocks to watch on June 9

Tue Jun 9, 2009 8:41am EDT
 
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 NEW YORK, June 9 (Reuters) - Some U.S. stocks to watch on
Tuesday:
 CITIGROUP INC (C.N)
 Late Monday, the bank said it expects to begin its
much-delayed $58 billion stock swap later this week, as part of
a plan that could leave the government with a 34 percent stake.
[ID:nN08334378]
 Shares rose 1 cent to $3.43 in premarket trading.
 TEXAS INSTRUMENTS (TXN.N)
 The company late Monday raised its second-quarter earnings
and revenue outlook, signaling improving demand in the chip
market. [ID:nN08327409]
 Shares rose 5.1 percent to $20.78 in premarket trading.
 NAVISTAR INTERNATIONAL CORP (NAV.N)
 The truck and engine maker reported adjusted second-quarter
earnings that missed expectations and cut its adjusted
full-year outlook. [ID:nBNG76047]
 Shares fell 0.9 percent to $42.66 in premarket trading.
 KOHLBERG KRAVIS ROBERTS & CO (KFN.N)
 The private equity firm invested about $350 million in a
privately-held natural gas explorer, according to a report in
the Wall Street Journal. [ID:nBNG336232]
 Shares closed Monday at $1.24.
 GENERAL ELECTRIC CO (GE.N)
 The company's aviation unit expects orders this year to
halve as airlines slow plane buying. [ID:nSP282411]
 Shares of GE, a Dow component, fell 0.6 percent to $13.64
in premarket trading.
 APPLE INC (AAPL.O)
 A number of analysts raised their price targets on the tech
giant, a day after it unveiled a new version of its iPhone
smart phone and cut the prices of some of its Mac notebooks and
other products. [ID:nN08331826]
 Susquehanna raised its target to $170 from $155, Barclays
upped its target to $173 from $155, and JPMorgan raised its
target by $20 to $155.
 Shares of Apple edged 0.3 percent higher to $144.26 in
premarket trading.
 MEN'S WEARHOUSE (MW.N)
 The retailer reported first-quarter earnings that beat
estimates. [ID:nBNG484381]
 Shares closed Monday at $17.87.
 CALLAWAY GOLF CO (ELY.N)
 The company will cut its second-quarter dividend by 85
percent to improve its cash position. It also affirmed its
full-year outlook. [ID:nBNG84247]
 Shares fell 3 percent to $7.28 after the bell on Monday.
 QUIKSILVER INC (ZQK.N)
 The apparel maker agreed with private equity firm Rhone to
take a 5-year loan of about $150 million to improve its
liquidity position, and posted an adjusted quarterly profit
that lagged market estimates by a cent, hurt by lower gross
margins. [ID:nBNG505331]
 Shares fell 14.4 percent to $3.10 in after-hours trading on
Monday.
 (Reporting by Ryan Vlastelica, Editing by Chizu Nomiyama)


 

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