Company/Estimate
- (DCI)/.48
- (DSW)/.34
Countrywide Financial Corp. (CFC) climbed 34 cents, or 3.5 percent, to $9.99 in trading before the official open of U.S. exchanges. The Federal Home Loan Bank in Atlanta, a quasigovernmental housing finance company, helped keep the biggest U.S. home lender in business since mid-August with loans the company couldn't get elsewhere, the Wall Street Journal said.
Dresser-Rand Group Inc. (DRC): The U.S. maker of oilfield equipment that went public in 2005 said it rejected a union's offer to return to work unconditionally at a plant in New York under the expired contract. Dresser-Rand added 48 cents to $37 on Nov. 23.
Harley-Davidson Inc. (HOG): The biggest U.S. motorcycle maker may reach $59 once discretionary spending increases as the U.S. economy stabilizes, Soleil/Millman Research Associates analyst Michael Millman told Barron's. The shares rose 8 cents to $46.53 on Nov. 23.
Rio Tinto Group American depositary receipts (RTP) rose $10.86, or 2.5 percent, to $446.91. BHP Billiton Ltd. (BHP), the world's largest mining company, is losing the support of investors and steelmakers for its proposed $128 billion hostile takeover of Rio Tinto. BHP American depositary receipts added $1.18, or 1.6 percent, to $74.
Schering-Plough Corp. (SGP) gained 72 cents, or 2.5 percent, to $29.90. The U.S. drugmaker that bought Akzo Nobel NV Organon drugs division said regulators accepted an application to review the asenapine schizophrenia medicine for sale in the U.S. The medicine may help people suffering from the psychiatric illness and bipolar disorder.
Watch WAT, FCN, DRQ, WLL, CVS for long breakouts.
Watch MS, ABK, C, WM, STU for short breakdowns.
-MM
