Company/Estimate
- (JNC)/.67
- (MAT)/.70
- (C)/.44
- (ETN)/1.67
- (DNA)/.72
- (CNK)/.24
- (GWW)/1.26
Buckeye Technologies Inc. (BKI): The maker of specialty fibers reported first-quarter profitability excluding a gain of as much as 29 cents, topping the average 23 cents expected by three analysts, according to Bloomberg data. Buckeye shares added 20 cents, or $1.2 percent, to $17.52 on Oct. 12.
CVS Caremark Corp. (CVS): The second-biggest U.S. drugstore chain may rise to as much as $45 in the next six to 12 months if investors start to value the company as both a manager of prescription drug benefits and a drugstore chain, Barron's reported, citing analysts. CVS stock rose 28 cents to $39.90 on Oct. 12, while gaining 29 percent this year.
National Oilwell Varco Inc. (NOV): The largest manufacturer of oil and natural-gas drilling rigs and oil field equipment may rise as much as 20 percent within the next year because of increasing oil prices and equipment orders, Barron's reported, citing no one. National Oilwell shares gained $1.39 to $78.41 on Oct. 12.
PetroChina Co. American depositary receipts (PTR) advanced $25.87, or 12 percent, to $242. PetroChina rose as oil traded above $84 a barrel, vaulting the state-owned oil producer over General Electric Co. to become the world's second-largest company by market value.
Saks Inc. (SKS) climbed 45 cents, or 2.5 percent, to $18.50. The luxury retailer was approached by at least one suitor in the past two weeks and may consider accepting an offer, Women's Wear Daily reported, citing unnamed sources close to the company.
Tektronix Inc. (TEK) surged $9.26, or 33 percent, to $37.60. Danaher Corp. (DHR:US) agreed to buy the maker of test equipment for electronics manufacturers for $38 a share in cash, Danaher said in a PR Newswire statement. Danaher, the maker of Fluke electronic equipment, added 46 cents, or 0.6 percent, to $82.47 on Oct. 12.
Tutogen Medical Inc. (TTG) The maker of surgical-implant products from animal and human tissue could be bought out by Zimmer Holdings Inc., its largest shareholder, said CNBC ``Mad Money'' television host Jim Cramer. Tutogen shares gained 36 cents, or 3.2 percent, to $11.55 on Oct. 12.
UBS AG (UBS) The stock was recommended by ``Mad Money's'' Cramer, who said the Swiss bank's stock has survived the U.S. subprime-loan fallout by writing down $3.4 billion and firing 1,500 employees. The stock is ``ready to roll,'' he said. UBS shares added 25 cents, or 0.4 percent, to $57.30 on Oct. 12.
