Stocks To Keep Your Eye On - 08/22/2007

- (ANF)/.84
- (DBD)/.36
- (EV)/.42
- (FL)/-.18
- (LTD)/.20
- (MW)/.94
- (PVH)/.62
- (RGS)/.57
- (SFL)/.33
- (TLB)/-.26
- (TOL)/.02
- (TWB)/.15
- (WCI)/-.99

Aluminum Corp. of China Ltd. American depositary receipts (ACH) rose $6.76, or 16 percent, to $49.10 in trading before U.S. exchanges opened. China's biggest producer of aluminum, known as Chalco, said yesterday it would buy aluminum rivals in China to expand capacity.

American Electric Power Co. (AEP) The biggest U.S. producer of electricity from coal agreed to sell its 50 percent stake in the Sweeny cogeneration plant in Texas to ConocoPhillips (COP US) for about $80 million. American Electric rose 53 cents to $46.83 in regular trading yesterday.

Analog Devices Inc. (ADI) The company, whose chips work as motion sensors in Nintendo Co.'s Wii video-game machine, forecast profit of 36 cents to 40 cents a share in the fourth quarter. Analysts had estimated 41 cents, on average. Analog Devices fell 44 cents to $37.72 in regular trading yesterday.

CenturyTel Inc. (CTL) The U.S. phone company that operates in rural areas and small cities said it plans to buy back as much as $750 million worth of its common stock. The shares rose 31 cents to $44.56 in regular trading yesterday.

Emcor Group Inc. (EME)The construction and facilities- management company agreed to buy Ohmstede Ltd. from private- equity firm First Reserve Corp. for about $455 million in cash to offer more services to refineries. The stock fell 13 cents to $29.99 in regular trading yesterday.

Medtronic Inc. (MDT) The biggest maker of electronic heart devices said revenue for the first quarter was $3.13 billion. That's short of the average estimate of $3.16 billion from analysts surveyed by Bloomberg. Medtronic lost 16 cents to $52.86 in regular trading yesterday.

MGM Mirage (MGM) rose $8.68, or 12 percent, to $83 in trading before U.S. exchanges opened. State-owned Dubai World agreed to pay $5 billion for a 9.5 percent stake in MGM and half of the casino company's CityCenter hotels and condominiums project to profit from rising tourism and gambling earnings in Las Vegas.

Nymex Holdings Inc. (NMX) rose $11.22, or 9.4 percent, to $130 in trading before U.S. exchanges opened. The owner of the world's largest energy exchange may be acquired as it seeks to expand in Europe and add to its metals and oil contracts.

Procter & Gamble Co. (PG) The largest U.S. consumer- products maker was recommended yesterday by CNBC host Jim Cramer, who praised the company's dividend and share buyback of as much as $30 billion. Procter & Gamble rose 30 cents, or 0.4 percent, to $64.76 in extended trading yesterday after Cramer's comments aired.

Toll Brothers Inc. (TOL) rose 60 cents, or 2.8 percent, to $21.69 in trading before U.S. exchanges opened. The largest U.S. luxury homebuilder reported fiscal third-quarter profit of 16 cents a share, beating the 2-cents average estimate from analysts.

Watch LUK, NVT for long breakouts.
Watch MHP, WYE, KBH, LXK, BAX for short breakdowns.

-MM