Company/EPS Estimate
- (MTB)/1.94
- (PEP)/.96
- (SWY)/.44
- (SLM)/.73
- (IDT)/-.37
- (PLL)/.56
- (WGO)/.40
American Eagle Outfitters Inc. (AEO): The U.S. teen- clothing retailer lowered its third-quarter profit forecast to as much as 45 cents a share from an earlier projection of as much as 48 cents. American Eagle shares lost 32 cents, or 1.3 percent, to $24.58 yesterday.
BHP Billiton Ltd. American depositary receipts (BHP) gained $2.77, or 3.4 percent, to $84.81. The world's largest miner rose after Standard Bank Group Ltd. said copper may break a record $8,800 a metric ton by first half of 2008.
Men's Wearhouse Inc. (MW): The retailer of men's attire reduced its third-quarter profit forecast after fewer customers came to its stores. Men's Wearhouse shares slid 5 cents, or 0.1 percent, to $48.48 yesterday.
Molina Healthcare Inc. (MOH): The health-care provider will be added to Standard & Poor's SmallCap 600. Molina shares dropped 14 cents, or 0.4 percent, to $34.65 yesterday.
Nokia Oyj American depositary receipts (NOK) climbed $1.34, or 3.6 percent, to $38.06. The world's biggest maker of mobile phone was rated ``buy'' in resumed coverage at Merrill Lynch & Co. Nokia's sales channels ``run so deep into the handset market around the world'' that the pickup in margins and share gains seen in the second quarter will continue, analysts including Andrew Griffin wrote in a note to investors.
Ruby Tuesday Inc. (RT): The restaurant chain said it expects to earn as much as $1.13 a share in fiscal 2008, including costs of as much as 20 cents related to store remodeling. The average estimate from analysts in a Bloomberg survey was $1.47. Ruby Tuesday shares declined 25 cents, or 1.3 percent, to $18.80 yesterday.
Stryker Corp. (SYK): The maker of artificial knees and hips was recommended by CNBC host Jim Cramer because of demand from aging Baby Boomers. Stryker shares retreated 14 cents, or 0.2 percent, to $73.33 yesterday.
Wal-Mart Stores Inc. (WMT) advanced $2.01, or 4.4 percent, to $47.60. The world's largest retailer raised its forecast for third-quarter profit after lowering costs the past two months. Earnings per share will be 66 cents to 69 cents, 4 cents higher than the previous forecast.
Winnebago Industries Inc. (WGO): The largest U.S. motor- home maker said in a statement on Business Wire that fourth- quarter profit excluding some items was 49 cents a share. That topped the 40-cents-a-share average analyst estimate in a Bloomberg survey. Winnebago shares lost 27 cents, or 1 percent, to $28.21 yesterday.
Watch FCX, NOK, VMW for long breakouts.Watch DSW, BGG, DUG for short breakdowns.
-MM
