Company/EPS Estimate
- (PPC)/1.14
- (TJX)/.55
- (HD)/.59
- (WMT)/.67
- (FIG)/.26
- (EXM)/1.01
- (BIG)/.12
- (PBY)/.02
Apple Inc. (AAPL) gained $2.64, or 1.7 percent, to $156.40. China Mobile Ltd. (CHL), the world's biggest wireless operator by subscribers, said it's in talks to sell Apple's iPhone handset in China, a market with more mobile-phone users than the combined population of the European Union. A deal with the Chinese carrier will give Apple access to a market of 523 million subscribers. China Mobile American depositary receipts advanced $2.29, or 2.8 percent, to $83.
Cinemark Holdings Inc. (CNK): The third-largest U.S. theater chain by screens said third-quarter profit excluding some items was 40 cents a share. Analysts, on average, anticipated 24 cents, according to a Bloomberg survey. The stock gained 54 cents, or 3.2 percent, to $17.62 yesterday.
Gammon Gold Inc. (GRS): The explorer of bullion in Mexico had a third-quarter loss of 20 Canadian cents a share excluding one-time items. The average estimate of analysts surveyed by Bloomberg was a loss of 6 cents a share. Gammon shares lost $1.65, or 16 percent, to $8.36 yesterday.
Orbitz Worldwide Inc. (OWW): The Internet travel agency posted a 20 percent increase in third-quarter revenue. Orbitz's revenue increased $221 million for the three months ended Sept. 30, compared with $184 million in the quarter a year earlier. Orbitz shares declined 38 cents, or 4.7 percent, to $7.63 yesterday.
Unitrin Inc. (UTR): The Chicago-based financial services provider agreed to purchase Primesco Inc. for about $96 million to expand its life insurance business in the southeastern U.S. Unitrin shares rose 28 cents to $44.71 yesterday.
Vodafone Group Plc American depositary receipts (VOD) jumped $2.43, or 6.6 percent, to $39.23. The world's biggest provider of mobile-phone services raised its sales and profit forecasts on accelerating growth in India and Turkey, as well as higher revenue from wireless Internet access in Europe.
Wal-Mart Stores Inc. (WMT) advanced $1.45, or 3.3 percent, to $44.77. The world's largest retailer said third- quarter profit rose more than analysts anticipated after it cut holiday prices earlier than last year and discounted more goods to lure customers facing higher gasoline costs and mortgage payments.
Watch MBT, CL, PPP, JNC, OI for long breakouts.Watch MER, ABK, TDW, HAR, STU for short breakdowns.
-MM
