NEW YORK, Nov 19 (Reuters) - Some U.S. stocks to watch on
Wednesday:
BOEING CO (BA.N)
The Dow component is delaying the delivery date for all
3,734 jetliners in its order backlog in an attempt to recover
from a recent machinist's strike, the Wall Street Journal
reported on Wednesday. [ID:nBNG421462]
Boeing shares closed Tuesday at $39.56.
AMERICAN INTERNATIONAL GROUP (AIG.N)
The insurer is paying about $3 million to executives under
deferred compensation plans that are being terminated, the
company said. AIG recently said it would terminate plans
totaling $503 million in deferred compensation in an attempt to
dissuade employees from quitting the company. [ID:nN18296261]
AIG shares closed Tuesday at $1.95.
CORUS BANKSHARES CORS.O
The real estate lender is deferring interest payment on
$404.6 million of junior subordinated debt in an attempt to
conserve cash. The company has also applied for funds under the
government TARP program. [ID:nBNG421596]
Shares of Corus closed Tuesday at $1.93.
ROSS STORES (ROST.O)
The company reported third-quarter earnings that beat
estimates by a penny but forecast fourth-quarter profits below
consensus. [ID:nWEN0754]
Shares of the clothing retailer closed Tuesday at $25.48.
BJ'S WHOLESALE CLUB (BJ.N)
The discount retailer reported third-quarter earnings
growth of 24 percent and raised its full-year outlook.
[ID:nN18183036]
Shares of the company closed Tuesday at $33.57.
LDK SOLAR CO (LDK.N)
The solar wafer maker reported third-quarter earnings that
rose sharply from the prior year and revenue that was up 241
percent. [ID:nN19287633]
The stock closed Tuesday at $14.89 but surged to $16.20
before the bell.
TRINA SOLAR (TSL.N)
The company reported third-quarter earnings that beat
expectations but cut its full-year sales and margins outlook
because of poor economic conditions. [ID:nN19283010]
The stock closed Tuesday at $7.22 but slid to $6.64 before
the bell on Wednesday.
TIME WARNER INC (TWX.N)
The media company's Time Inc division is expected to cut
more than 250 jobs, according to the New York Post.
[ID:nN19315833]
Shares of the company closed Tuesday at $8.40 but eased off
to $8.34 in trading before the bell..
LAWSON SOFTWARE INC (LWSN.O)
The business software maker said it plans to cut 200 jobs,
close one office facility and reduce discretionary expenses as
part of a plan to cut costs.
Shares of the company rose 4 percent in trading after the
bell. They closed at $3.77 Tuesday on the Nasdaq.
[ID:nBNG409464]
(Editing by Theodore d'Afflisio)
