Company/Estimate
- (WFT)/1.00
- (DGX)/.70
- (MRK)/.85
- (HAS)/.14
- (BAC)/.41
- (GCI)/.77
- (ACI)/.47
- (LLY)/.96
- (HAL)/.64
- (MAT)/.00
- (TXN)/.4
- (EFX)/.57
- (NBR)/.76
- (ETH)/.39
- (NVLS)/.16
- (IEX)/.48
- (SLG)/.45
Bank of America Corp. (BAC) declined 2.6 percent to $37.56. The second-largest U.S. bank said profit dropped more than analysts estimated as job losses and falling house prices caused more people to miss payments on credit cards and home loans.
CSK Auto Corp. (CAO): The Western U.S. auto-parts retailer said its loss in the fiscal fourth quarter widened to 28 cents a share from 3 cents a year earlier. CSK rose 1.2 percent to $11.65 on April 18.
ITT Corp. (ITT): The company, which has supplied electronic warfare systems for U.S. Special Operations helicopters since 2005, won a $312 million contract extension for more of the equipment, the U.S. Defense Department said. ITT added 1.9 percent to $58 on April 18.
Thornburg Mortgage Inc. (TMA) dropped 8.4 percent to $1.20. The provider of home loans that is seeking to avert a bankruptcy filing said an indirect subsidiary defaulted on $300 million of commercial paper.
Tyson Foods Inc. (TSN): The largest U.S. meat processor will stop production at a plant in York, Nebraska, and eliminate 110 jobs to stem losses in its beef unit. Tyson gained 3.2 percent to $19.02 on April 18.
Watch NEU, WLL, ROS, WLT, SGY for long breakouts.Watch CHE, HNI, PFE, FED for short breakdowns.
-MM
