HEADLINE STOCKS - U.S. stocks to watch on June 10

Tue Jun 10, 2008 8:04am EDT
 
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NEW YORK, June 10 (Reuters) - Some U.S. stocks to watch on Tuesday:

AT&T Inc (T.N)

The company will suffer lower earnings this year and next year as it plans to subsidize the price of the latest iPhone from Apple Inc (AAPL.O) in a bet it can help it boost data services and steal customers. [ID:nN09260110]

Shares of AT&T closed at $37.56 on the NYSE.

TEXAS INSTRUMENTS INC (TXN.N)

The chip maker on Monday narrowed its quarterly earnings and revenue target range as improving demand for chips used in high-speed wireless phones was offset by weakness in demand for chips used in lower-end phones. [ID:nN09287612]

Shares slipped 0.9 percent to $31.05 in extended trade, from a close of $31.33 on the NYSE.

NATIONAL CITY CORP NCC.N

The banking subsidiary of National City has signed a confidential memorandum of understanding with U.S. regulators, promising to address its rising amount of bad loans, a source familiar with the matter said on Monday. [ID:nN09290414]

Shares closed at $4.47 on the NYSE.

CMGI INC CMGI.O

Shares of the provider of global supply management services fell more than 9 percent to $13.60 after the company reported results. For details, see [ID:nWNAS7702].

SHUFFLE MASTER (SHFL.O)

The casino game maker posted a second-quarter profit beating market estimates on strong lease and service revenue.

Its shares rose 12 percent in after-hours trading to $7.01.

 
 

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