REFILE-HEADLINE STOCKS - U.S. stocks to watch on June 12

Thu Jun 12, 2008 11:51am EDT
 
[-] Text [+]

(Refiles to correct day of week in paragraph 1)

NEW YORK, June 12 (Reuters) - Some U.S. stocks to watch on Thursday:

ANHEUSER BUSCH (BUD.N)

Shares of Anheuser Busch Companies Inc (BUD.N) rose in extended-hours trading on Wednesday after the brewer said it received an unsolicited $65 per share takeover bid from Belgian rival InBev NV INTB.BR.

Anheuser shares were up 6.5 percent to $62.12 after the closing bell.

LEHMAN BROTHERS LEH.N

Banc of America Securities cut its price target on Lehman Brothers to $23 from $37, saying it expects fixed income sales and trading, which accounted for more than half of its revenue in 2007, to slow down over the next few quarters.[ID:nBNG340923]

Shares closed at $23.75 on the NYSE.

KEYCORP (KEY.N)

The company said it would raise approximately $1.5 billion in new equity capital to offset tax accounting charges and maintain strong capital ratios. [ID:nWNAS8061]

Shares closed at $15.71 on the NYSE.

THORNBURG MORTGAGE INC TMA.N

The jumbo home loans specialist that nearly collapsed in March, on Thursday posted a $3.31 billion first-quarter loss as the value of securities it owns plummeted. [ID:nBNG236818]

Shares closed at $1.05 on the NYSE.

CYBERONICS INC (CYBX.O)

The medical device maker posted a better-than-expected quarterly results as total operating expenses fell. [ID:nWNAS8026]  Continued...

 
 

Featured Broker sponsored link

Editor's Choice

A selection of our best photos from the past 24 hours.  Slideshow 

Most Popular on Reuters

  • Articles
  • Video