NEW YORK, May 14 (Reuters) - Some U.S. stocks to watch on
Thursday:
WAL-MART STORES INC (WMT.N)
The discount retailer reported first-quarter earnings that
met expectations and gave a second-quarter outlook.
[ID:nN14463262]
Shares of the Dow component fell 0.7 percent to $49.70.
KOHL'S CORP (KSS.N)
The department store reported its first-quarter results,
which included a rise of 0.4 percent in sales. [ID:nN14462712]
Shares rose 2.5 percent to $43 in premarket trade.
MBIA INC (MBI.N)
A number of banks, including Citigroup (C.N), JPMorgan
Chase (JPM.N) and Barclays Plc (BARC.L) (BCS.N), have sued MBIA
Inc, charging that the bond insurer illegally restructured its
operations by moving $5 billion of assets and leaving a key
unit effectively insolvent. [ID:nN13428345]
Shares of MBIA fell 11 percent to $5.07 in premarket
trading.
IBM (IBM.N)
The tech company late Wednesday affirmed its earnings
outlook for both 2009 and 2010, saying its focus on high-margin
software and its geographic diversity would help buffer the
impact of a weak economy. [ID:nN13385548]
Shares of the company, a Dow component, closed Wednesday at
$102.26.
DIGITALGLOBE INC (DGI.N)
The initial public offering for the satellite image company
was priced at $19 a share late Wednesday, above the estimated
range, according to a source familiar with the matter.
[ID:nN13434198]
SONY CORP (SNE.N)
The electronics company forecast a second straight year of
losses as the recession weighs on demand for consumer
electronics. [ID:nT305312]
U.S.-listed shares of the company closed Wednesday at
$25.85.
GENERAL MOTORS CORP GM.N
The company is expected to send termination notices to up
to 2,000, or about a third, of its U.S. dealers, people briefed
on the plans told Reuters. [ID:nN13426331]
The stock, a Dow component, rose 1 cent to $1.22 in
premarket trading.
DIRECTV GROUP (DTV.O)
A federal court late Wednesday barred the satellite
television provider from releasing ads that could could give
customers the impression that bankrupt Charter Communications
Inc CHTRQ.PK is liquidating or might stop offering cable TV
service. [ID:nN13436537]
Shares closed Wednesday at $24.54.
MEDICINES CO (MDCO.O)
The company pulled the plug on development of an
experimental treatment to prevent blood clotting during
angioplasty as it is not expected to meet its main trial goal.
[ID:nBNG412444]
Shares of the company, the biggest percentage loser on
Nasdaq Wednesday, closed down 37 percent at $7.02. They hit a
more than seven-year low of $6.15 earlier in the day.
ENERSYS (ENS.N)
The industrial battery maker raised its fourth-quarter
profit view but forecast a weak first quarter due to lower
sequential sales volume. [ID:nBNG469337]
Shares of the company were trading at $15.80 before the
bell after closing on Wednesday at $17.75.
COMMVAULT SYSTEMS INC (CVLT.O)
The company posted lower-than-expected quarterly earnings
and said it would not give a first-quarter outlook due to
economic uncertainties. [ID:nBNG296684]
The shares fell 17 percent to $10.29 in after-hours trade.
