HEADLINE STOCKS-Some U.S. stocks on the move on Oct. 19
(Updates to after the open, adds Sprint/iPCS, AmEx, Gannett, Brigham, Amgen, Hansen, Navios, McMoRan, Terra, Sanderson Farms, Allison Healthcare)
NEW YORK, Oct 19 (Reuters) - Some U.S. stocks on the move on Monday:
SPRINT NEXTEL CORP (S.N), $3.44, down 0.9 pct
IPCS INC (IPCS.O), $23.82, up 33 pct
Sprint agreed to buy iPCS for about $831 million, including the assumption of $405 million of net debt. Under terms of the agreement, Sprint will start a cash tender to buy all of iPCS' outstanding common shares for $24 per share. [ID:nN19365185]
BB&T CORP (BBT.N), $27.01, down 4.3 pct
The company reported third-quarter results and said provision for credit losses were $709 million in the quarter. [ID:nN18349933]
HASBRO INC (HAS.N), $28.12, down 4.7 pct
The company reported third-quarter results that beat Wall Street expectations and gave an upbeat outlook for the full year. [ID:nN19363695]
EATON CORP (ETN.N), $63.98, up 5.9 pct pct
The company reported third-quarter earnings that beat expectations, citing cost cuts, early signs of recovery in its markets and a boost from the weak U.S. dollar, but sales fell short of expectations. [ID:nN19314996]
GANNETT CO INC (GCI.N), $13.20, up 1.5 pct
The company reported third-quarter earnings that beat expectations. [ID:nN19342465]
AMERICAN EXPRESS CO (AXP.N), $35.30, up 1 pct
The company will keep its 0.19 percent stake in ICBC (1398.HK) after the lock-up period on the shares expires on Tuesday. [ID:nN19369154]
ALLISON HEALTHCARE INC (ALLI.O), $6.48, up 19 pct Continued...
