NEW YORK, June 12 (Reuters) - Some U.S. stocks to watch on
Friday:
BLACKROCK INC (BLK.N)
The company has agreed to buy Barclays Global Investors in
a $13.5 billion deal. [ID:nLC391915]
Shares of BlackRock closed Thursday at $182.60 while
Barclays ADRs slid 1.7 percent to $19.56 in premarket trading.
RAMBUS INC (RMBS.O)
The chip designer agreed to cut its royalties in order to
settle charges brought by the European Commission, according to
the European Union Official Journal. [ID:nLC53738]
Shares soared 16 percent to $17.51 in premarket trading.
CATERPILLAR INC (CAT.N)
Goldman Sachs removed the company from its conviction sell
list, saying an expectation for higher oil prices "reduces
downside risk for Caterpillar's mining and oil & gas
business."
Shares of the Dow component edged 0.8 percent lower to
$37.32.
LEGG MASON INC (LM.N)
A unit of the money manager, along with bond company
Pacific Investment Management Co and billionaire Gerald J.
Ford, are looking at ways to buy up banks' toxic loans,
according to a report in the New York Post. [ID:nBNG399435]
Shares of Legg Mason closed Thursday at $24.22.
MICROSOFT CORP (MSFT.O)
The software company plans to ship the newest version of
its Windows operating system in Europe without its Internet
Explorer web browser, countering pressure from European
regulators. [ID:nN11506625]
Shares of the Dow component closed Thursday at $22.83.
AMERICAN INTERNATIONAL GROUP INC (AIG.N)
The insurer promised to repay taxpayers with any funds won
at a trial with Starr International, a company controlled by
former CEO Maurice Greenberg. [ID:nN11525054]
Shares slid 1 cent to $1.60 in premarket trading.
HOKU SCIENTIFIC INC (HOKU.O)
The company reported a narrower fourth-quarter loss but
said it may not be able to continue as a going concern over the
next 12 months. [ID:nBNG449926]
The stock sank 28 percent to $3.15 in premarket trading.
ARCSIGHT INC (ARST.O)
The provider of security and compliance management software
posted a quarterly profit that topped market estimates but
forecast a weak first quarter. [ID:nBNG326300]
Shares fell 12.5 percent to $15.81 in after-hours trading.
IMMUNOGEN INC (IMGN.O)
The drugmaker is discontinuing further internal development
of its experimental gastric-cancer drug, IMGN242, citing slow
progress. [ID:nBNG344807]
Shares sank 12 percent to $7.25 in after-hours trading.
EZCORP INC (EZPW.O)
The pawn and payday lender cut its full-year profit
outlook, citing lower-than-expected demand for its loan
products and previously owned merchandise in the United States.
[ID:nBNG350286]
Shares fell 8.2 percent to $11.83 in premarket trading.
(Reporting by Ryan Vlastelica; Editing by Padraic Cassidy)
