HEADLINE STOCKS-U.S. stocks to watch on May 22

Fri May 22, 2009 8:23am EDT
 
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 NEW YORK, May 22 (Reuters) - Some U.S. stocks to watch on
Friday:
 GENERAL MOTORS CORPGM.N
 The Obama administration  has no plans to push GM into
bankruptcy next week, a source familiar with the situation said
on Friday, adding that the outcome of the automaker's
restructuring efforts may not be known until a June 1 deadline.
[ID:nN21325204]
 Shares of GM, a Dow component, rose 10 cents to $2.02 in
premarket trading on Friday.
 HSBC HOLDINGS (HBC.N)
 The bank said it intended to continue paying quarterly
interim dividends but that business would remain challenging
through much of 2010. [ID:nLM650226]
 U.S-listed shares rose 1.6 percent to $43.31 in premarket
trading.
 SUNTECH POWER HOLDINGS INC (STP.N)
 The solar power company said its follow-on public offering
of 20 million American Depositary Shares was priced at $12.50
per ADS. [ID:nBNG465658]
 Shares slid 6 cents to $13.41 in premarket trading.
 SEARS HOLDINGS CORP (SHLD.O)
 The company reported a surprise first-quarter profit,
helped by reductions in advertising and jobs. [ID:nN21308663]
 Shares surged 17.6 percent to $59.02 in premarket trading.
 ARUBA NETWORKS INC (ARUN.O)
 The wireless LAN vendor reported a surprise third-quarter
profit and forecast strong results for the current quarter.
[ID:nBNG466880]
 Shares closed Thursday at $5.14.
 SALESFORCE.COM INC (CRM.N)
 The business software company cut its full-year revenue
outlook, citing cutbacks on orders for its software
subscriptions. [ID:nN21297762]
 Shares fell 7.9 percent to $36.50 in premarket trading.
 EVERCORE PARTNERS INC (EVR.N)
 Ralph Schlosstein, the co-founder of BlackRock Inc (BLK.N),
may join Evercore as its chief executive, according to a report
in the Wall Street Journal. [ID:nBNG477382]
 Shares of Evercore closed Thursday at $16.85.
 BLACK BOX CORP (BBOX.O)
 The technical services company reported
higher-than-expected fourth-quarter earnings and forecast
first-quarter profit above Wall Street view. [ID:nWNAB2631]
 The stock rose 13 percent to $28.90 in after-hours
trading.
 MEDCATH CORP (MDTH.O)
 The hospital operator reported higher-than-expected
second-quarter earnings helped by a growth in revenue.
[ID:nWNAB2590]
 The stock rose 8 percent to $8.37 in after-hours trading.
 SKILLSOFT PLC (SKIL.O)
 The e-learning services provider reported first-quarter
earnings that beat expectations. [ID:nWNAB2593]
 The stock rose 8 percent to $7.75 in after-hours trading.
 VERIGY LTD (VRGY.O)
 The semiconductor testing company reported a first-quarter
loss that was narrower than expected. [ID:nWNAB2606]
 The stock rose 7 percent to $12.12 in after-hours trading.
 DRESS BARN INC (DBRN.O)
 The women's clothing retailer reported higher-than-expected
third-quarter earnings and forecast full-year profit above Wall
Street view. [ID:nWNAB2596]
 The stock rose 6 percent to $15.80 in after-hours trading.
 RED ROBIN GOURMET BURGERS INC (RRGB.O)
 The casual dining restaurant chain reported its quarterly
results and expects certain costs to pressure restaurant-level
profitability in fiscal 2009. [ID:nBNG444251]
 The stock fell 12 percent to $19 in after-hours trading.
 ZUMIEZ INC (ZUMZ.O)
 The snowboarding gear retailer posted a quarterly loss that
was narrower than expected but forecast a weak second quarter.
[ID:nBNG502300]
 The stock fell 5.5 percent to $10.49 in after-hours
trading.
 EXCEL MARITIME CARRIERS LTD (EXM.N)
 The Greek dry bulk carrier posted a more than three-fold
jump in first-quarter profit. [ID:nBNG466693]
 Shares rose 9.1 percent to $10.56 in premarket trading.
 SAFE BULKERS INC (SB.N)
 The dry bulk shipper's quarterly profit almost tripled,
helped by the compensation it received for early termination of
time-charter contracts for two of its vessels. [ID:nBNG465648]
 The stock rose 10 percent to $7.75 in after-hours trading.
 FOOT LOCKER INC (FL.N)
 The athletic shoe retailer posted a better-than-expected
quarterly profit, as improved margins from recent cost cuts
helped offset a 7 percent decline in sales. [ID:nBNG459893]
 The stock rose 5 percent to $10.95 in after-hours trading.
(Reporting by Ryan Vlastelica)


 

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