HEADLINE STOCKS-Some U.S. stocks to watch on June 23

Tue Jun 23, 2009 8:59am EDT
 
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NEW YORK, June 23 (Reuters) - Some U.S. stocks to watch on Tuesday:

UBS AG (UBS.N)

The U.S. Justice Department may drop a legal case aimed at forcing Swiss bank UBS to reveal the names of 52,000 wealthy American clients suspected of offshore tax evasion, according to a report in the New York Times. [ID:nLN515704]

U.S.-listed shares gained 5.8 percent to $13.24 in premarket trading.

VISA INC (V.N)

MASTERCARD INC (MA.N)

The companies could face lower revenue and pressure on their stock prices amid a push for increased U.S. regulation of credit cards, analysts said.

Shares of Visa closed Monday at $61.24 while MasterCard closed Monday at $156.78.

STEELCASE INC (SCS.N)

The company reported a surprise quarterly profit and said it would cut another 200 jobs globally. [ID:nBNG407520]

Shares closed Monday at $5.06.

CF INDUSTRIES INC (CF.N)

AGRIUM INC (AGU.N)

Agrium is pushing forward with its hostile bid for CF after holders of more than 60 percent of CF backed the offer. [ID:nN23539879]

Shares of CF rose 3.9 percent to $72 in premarket trading while U.S.-listed shares of Agrium edged 0.3 percent higher to $39 before the bell.

FORD MOTOR CO (F.NContinued...

 

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