HEADLINE STOCKS-Some U.S. stocks to watch on Sept. 30

Wed Sep 30, 2009 8:29am EDT
 
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NEW YORK, Sept 30 (Reuters) - Some U.S. stocks to watch on Wednesday:

CIT GROUP INC CIT.N, $1.45, down 34 pct

The lender to small and medium-sized businesses is nearing a plan that would likely hand the company over to its bondholders, sources familiar with the matter said.

TOYOTA MOTOR CORP (TM.N), $79.32, Tuesday close (U.S. shares)

The Japanese carmaker will recall some 3.8 million vehicles in the United States because of the risk that a loose floormat could force down the accelerator, a problem suspected of causing crashes that have killed five people. [ID:nN29538909]

KRAFT FOODS INC (KFT.N), $26.05, up 0.1 pct

The Dow component has until Nov. 9 to say whether it will make a new offer for British confectioner Cadbury Plc (CBRY.L) or it must walk away for six months, Britain's Takeover Panel said on Wednesday. [ID:nLU090041]

QUALCOMM INC (QCOM.O), $45.50, Tuesday close

Japan's antitrust regulator ordered Qualcomm to revise what it claims are unfair licensing agreements with Japanese phone makers, rejecting the U.S. wireless chipmaker's argument against a previous draft order. [ID:nT82545]

NIKE INC (NKE.N), $63.60, up 5.8 pct

The footwear and apparel maker reported first-quarter earnings that beat expectations late Tuesday. [ID:nN29166196]

WYNN RESORTS INC (WYNN.O), $74, up 1 pct

The casino company raised $1.63 billion after pricing its Asian IPO at the top of its indicated range. [ID:nHKG57230]

DARDEN RESTAURANTS INC (DRI.N), $33.70, down 6.8 pct

The owner of the Olive Garden and Red Lobster chains warned late Tuesday that full-year same-store sales could fall more than expected and that its profit could be at the low end of its forecast. [ID:nN29167714]

HOKU SCIENTIFIC INC (HOKU.O), $3.40, up 59 pct  Continued...

 

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