Sunday, September 23, 2007

Stocks To Keep Your Eye On - 09/24/2007

- (FIF)/.49
- (LCI)/.01
- (SNX)/.46
- (THO)/.68

AMR Corp. (AMR)
The company's American Airlines, the world's largest carrier, said third-quarter unit revenue for its main jet operations will rise 4 percent to 5 percent from the year-earlier period. The stock rose 40 cents to $24.26 in regular trading.

Gap Inc. (GPS) The largest U.S. clothing retailer said Todd Oldham will become the design creative director for the Old Navy brand, effective Oct. 1. The stock rose 32 cents to $18.55 in regular trading.

Harman International Industries Inc. (HAR) fell $2.21, or 2.6 percent, to $82.79 after the official close of U.S. exchanges. The maker of Infinity and JBL audio equipment said Kohlberg Kravis Roberts & Co. and Goldman Sachs Group Inc. won't complete an $8 billion purchase of the company, citing Harman's breach of the merger agreement.

Raytheon Co. (RTN) The world's largest missile maker won a $994.3 million award from the U.S. Navy to build computer systems for DDG 1000 ships, the U.S. Defense Department said. The stock rose 52 cents to $63.44 in regular trading.

Skyline Corp. (SKY) The maker of manufactured housing said in a U.S. Securities and Exchange filing that James R. Weigand resigned as chief executive officer and will be succeeded by Controller Jon S. Pilarski. The stock rose 58 cents to $31.74 in regular trading.

Barron's made positive comments on BWA, F, GM, JCI, PHH, PPG, TEN.

Watch PG, LYO, GME, SII, RTN for long breakouts.

Watch PSS, NCC, DDS, PNM for short breakdowns.


-MM