NEW YORK, May 8 (Reuters) - Some U.S. stocks to watch on
Friday:
BANK OF AMERICA CORP (BAC.N)
CITIGROUP INC (C.N)
WELLS FARGO & CO (WFC.N)
U.S. regulators told top banks that they need to raise
capital in order to build a cushion officials hope will restore
faith in the financial sector. [ID:nN07333426]
Bank of America needs to raise $33.4 million while
Citigroup needs $5.5 billion and Wells Fargo needs $13.7
billion.
Shares of BofA gained 13 percent to $15.32 in premarket
trading while Citigroup was up 10.5 percent to $4.21. Both
companies are Dow components. Wells Fargo slid 1.6 percent to
$23.36 before the bell.
KEYCORP (KEY.N)
REGIONS FINANCIAL (RF.N)
SUNTRUST (STI.N)
Rochdale Securities analyst Richard Bove said the three
banks had unclear plans to add capital following the release of
the government's stress test results.
"KeyCorp intends to convert its preferred but if it keeps
losing money it may find that this does not meet the
requirement," Bove wrote. "Regions Financial is seeking advice
from its investment bank and this may include selling the
company. SunTrust has made no statement but is likely to issue
a government convertible preferreds in my judgment."
Regions shares rose 12.4 percent to $5.88 in premarket
trade while KeyCorp was up 9.1 percent to $7.40 and SunTrust
closed at $18.52 on Thursday.
MCDONALD'S CORP (MCD.N)
The fast food company reported an increase of 6.9 percent
in its global April same-store sales. [ID:nN08480433]
Shares of the Dow component rose 2.6 percent to $54.80 in
premarket trading.
WINDSTREAM CORP WIN.N
The company reported its first-quarter results and forecast
a dividend payout ratio between 57 percent and 63 percent in
2009. [ID:nWNAB6341]
Shares closed Thursday at $8.78.
EL PASO CORP (EP.N)
The company first-quarter earnings that beat expectations
and said its hedge positions significantly expended for 2010
with new hedges in place for 2011. [ID:nWNAB6393]
Shares rose 4.2 percent to $7.99 in premarket trading.
SCRIPPS NETWORKS INTERACTIVE INC (SNI.N)
The company reported its first-quarter results and said it
was optimistic, though cautious, about the future.
[ID:nWNAB6401]
Shares closed Thursday at $29.76.
FUEL SYSTEMS SOLUTIONS INC (FSYS.O)
The a maker of alternative fuel components reported a rise
in its quarterly earnings and backed its full-year revenue
forecast. [ID:nBNG501198]
Shares rose 15 percent at $19.51 in trading after the
bell.
BANKRATE INC RATE.O
The financial information-based website operator reported
first-quarter earnings that missed expectations.
[ID:nBNG446541]
Shares fell 30 cents to $24.90 after the bell.
AIR METHODS CORP (AIRM.O)
The air-ambulance operator reported quarterly earnings that
beat expectations. [ID:nBNG501750]
Shares rose 5 percent in after-hours trade.
THORATEC CORP (THOR.O)
The cardiac device maker reported quarterly earnings that
beat expectations. [ID:nBNG117050]
Shares rose 3.6 percent to $30.65
RSC HOLDINGS INC (RRR.N)
The heavy equipment renter forecast quarterly revenue below
expectations. [ID:nBNG451553]
Shares closed at $6.76 Thursday on the New York Stock
Exchange.
FELCOR LODGING TRUST INC (FCH.N)
The company posted higher-than-expected funds from
operations, helped by cost cutting, and reaffirmed its
full-year FFO outlook. [ID:nSP502712]
Shares closed at $2.85 on Thursday.
AMN HEALTHCARE SERVICES INC (AHS.N)
The healthcare staffing company posted a quarterly loss and
forecast a sequential fall in revenue for the next quarter.
[ID:nBNG500837]
Shares closed at $7.54 Thursday on the New York Stock
Exchange.
EXELIXIS INC (EXEL.O)
The company entered into a collaboration with Germany's
Boehringer Ingelheim to discover, develop and commercialize
autoimmune disease therapies. [ID:nBNG499304]
Shares rose 11 percent in after-hours trade.
EINSTEIN NOAH RESTAURANT GROUP (BAGL.O)
The company reported first-quarter earnings that missed
expectations. [ID:nBNG502590]
Shares fell 12 percent in after-hours trade.
LUMINEX CORP (LMNX.O)
The maker of arrays to analyze genetic data posted a wider
quarterly net loss and cut its 2009 full-year revenue outlook.
[ID:nBNG438265]
Shares fell 12.2 percent to $15 after the bell.
OBAGI MEDICAL PRODUCTS INC (OMPI.O)
The company forecast second-quarter earnings below
expectations. [ID:nBNG466011]
Shares fell 4.5 percent to $6.37 after the bell.
VERISIGN INC (VRSN.O)
The Internet security and naming services company swung to
a quarterly profit, helped by an increase in revenue from its
core naming business. [ID:nBNG502237]
Shares rose 8 percent to $22.46 after the bell.
HANSEN NATURAL CORP (HANS.O)
The beverage company reported first-quarter earnings that
beat expectations. [ID:nBNG495812]
Shares rose 9 percent to $41.39 in trading after the bell.
TREEHOUSE FOODS INC (THS.N)
The specialty food maker reported a rise in first-quarter
earnings and raised its full-year adjusted profit outlook.
[ID:nBNG319405]
Shares closed at $26.76 on Thursday.
BEBE STORES INC (BEBE.O)
The retailer swung to a third-quarter loss but said it
expects to post a profit in the current quarter.
[ID:nBNG497064]
Shares closed at $8.27 Thursday on Nasdaq.
PERINI CORP PCR.N
The company posted a 55 percent jump in quarterly profit
and backed its 2009 outlook. [ID:nBNG502854]
Shares closed at $18.92 on Thursday.
INTERNAP NETWORK SERVICES CORP (INAP.O)
Shares fell more than 13 percent in after market trade
after the company reported a wider-than-expected first-quarter
loss. [ID:nWNAB6013]
COHERENT INC (COHR.O)
The maker of lasers and precision optics reported
second-quarter profit below Wall Street estimates.
[ID:nWNAB5866]
Shares fell more than 7 percent in after market trade.
(Reporting by Ryan Vlastelica, Editing by Chizu Nomiyama)
