Company/EPS Estimate
- (AZZ)/.48
3M Co. (MMM) added 12 cents to $93.51 in trading before the open of U.S. exchanges. The maker of 50,000 products from Post-it Notes to electronic road signs was rated ``buy'' in new coverage at UBS. Analysts including David Bleustein said in a research note that reduced inventories at semiconductor makers in the first half of 2007 will help 3M's business.
Accenture Ltd. (ACN) gained $1.08, or 2.8 percent, to 39.10 in trading before the open of U.S. exchanges. The world's second-biggest consulting firm said fourth-quarter profit fell less than analysts estimated because of increasing outsourcing work in Asia and Europe.
Alcatel-Lucent SA American depositary receipts (ALU) rose 50 cents, or 5.1 percent, to $10.25 in trading before the open of U.S. exchanges. The world's biggest provider of telecommunications equipment plans to speed up the integration of the former Alcatel SA and Lucent Technologies Inc.
AZZ Inc. (AZZ) surged $3.42, or 10 percent, to $36.90 in trading before the open of U.S. exchanges. The maker of electrical gear and components for the power industry reported fiscal second-quarter profit of 66 cents a share, topping the 47- cent average estimate in a Bloomberg survey.
Christopher & Banks Corp. (CBK): The women's clothing retailer said that, excluding some items, it earned 13 cents a share in the second quarter. That's 2 cents higher than the average analyst estimate in a Bloomberg survey. Christopher & Banks shares declined 22 cents, or 1.9 percent, to $11.43 yesterday.
Under Armour Inc. (UA) added $1.40, or 2.4 percent, to $60.20 in trading before the open of U.S. exchanges. The manufacturer of athletic wear was recommended by CNBC's Cramer, who said UBS Securities LLC was wrong to lower its rating of the stock.
Watch NOK, ITW, CRM, NVT for long breakouts.Watch CHS, HOG, BDK, NYT for short breakdowns.
-MM
