HEADLINE STOCKS-U.S. stocks to watch on Sept 24
NEW YORK, Sept 24 (Reuters) -U.S. stocks to watch on Wednesday:
GOLDMAN SACHS (GS.N)
Shares of Goldman Sachs rose 8.4 percent to $135.56 in extended trade on Tuesday after the investment bank said Warren Buffett's Berkshire Hathaway was investing $5 billion in the company.
For details, see [ID:nWNAB2519].
SUNTECH POWER (STP.N)
SUNPOWER CORP SPWR.O
Solar energy companies SunPower Corp and Suntech Power rose in extended trade on Tuesday after the U.S. Senate approved a package to extend $18 billion in tax credits for use of renewable energy resources.
SunPower shares rose to $89.50, up 2.2 percent from their closing level at $87.51, while SunTech Power shares added 2.3 percent to $41.39 after closing at $40.45. For details, see [ID:nWBT009802]
CAPITAL ONE FINANCIAL CORP (COF.N)
The credit card and banking company, said on Tuesday it expected to add $200 million this quarter to its reserves for bad loans, but affirmed its 2008 financial outlook. [ID:nN23409873]
Shares closed at $53.72 on the New York Stock Exchange.
WORTHINGTON INDUSTRIES INC (WOR.N)
The metals processor posted quarterly profit that more than tripled topping analysts' expectations, helped by strong sales at its metal framing and steel processing segments and cost-cutting measures. [ID:nBNG357379]
Shares of the company rose more than 6 percent at $17.65 after the bell.
H.B. FULLER CO (FUL.N)
The specialty chemical maker posted a third-quarter profit that met analysts' revised estimates, after the company's preliminary earnings report warned of lower profit due to rising raw material costs. [ID:nBNG365502]
Shares of the company closed down 3 percent at $22.99 Tuesday on NYSE.
LYDALL INC (LDL.N)
The diversified manufacturer said it will close its Vermont facility, affecting 190 jobs, and consolidate its North American automotive production into its North Carolina operation to reduce operating costs. [ID:nBNG277795]
Shares of the Manchester, Connecticut-based company closed down 2 percent at $10.04 Tuesday on the NYSE.
HARLEYSVILLE GROUP INC (HGIC.O)
The property and casualty insurer said it will incur a
charge in the third quarter tied to its exposure to Lehman
Brothers Holdings Inc's (LEHMQ.PK) senior unsecured notes.
[ID:nBNG296989]
Shares of Harleysville closed at $38.52 Tuesday on Nasdaq.
HELIX ENERGY SOLUTIONS GROUP INC (HLX.N)
The operator of offshore oil and gas properties said it does not expect to meet its production outlook for 2008 due to the impact of Hurricanes Gustav and Ike. [ID:nBNG292487]
Shares of the company were down about 3 percent at $26.76 in after-hours trade.
CBRL GROUP INC (CBRL.O)
The parent of the Cracker Barrel Old Country Store restaurants and gift shops said all of the Cracker Barrel units were open and operating, after some of them had been shut following Hurricane Ike. [ID:nBNG296206]
Shares of the company closed down 2 percent at $27.43 Tuesday on Nasdaq. (Reporting by Kristina Cooke and Steven C. Johnson in New York and Purwa Naveen Raman in Bangalore; Editing by Theodore d'Afflisio) ; Wall Street newsdesk; +1-646-223-6110)
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