Company/EPS Estimate
- (AZO)/1.91
- (SGR)/.44
- (CHS)/.10
- (PSS)/.36
- (GES)/.57
- (NX)/.98
MDU Resources Group Inc. (MDU) dropped $1.11, or 4.1 percent, to $26 in trading after the close of U.S. exchanges. The owner of utilities in Montana and the Dakotas forecast 2008 earnings of $1.65 to $1.90 a share, less than the $1.99 average estimate of analysts surveyed by Bloomberg.
Phillips-Van Heusen Corp. (PVH) The seller of Calvin Klein and Izod clothing fell $2.79, or 6.4 percent, to $40.50 in extended trading after forecasting annual profit that trails analysts' estimates. The company said profit for the 12 months through early 2009 will range from $3.55 to $3.65 a share, based on ``a belief that the current difficult economic environment will continue into next year.''
Transocean Inc. (RIG) dropped $3.85, or 2.8 percent, to $133.70 in after-hours trading. The world's largest offshore oil and gas driller plans to sell $8.5 billion of corporate bonds and convertible debt to help repay a bridge loan used to finance its purchase of rival GlobalSantaFe Corp. The additional stock may dilute the value of existing shares held by investors.
Viacom Inc. (VIA): Chief Philippe Dauman said sales of ``Rock Band,'' the music video game the company developed with Electronic Arts Inc., will total 1.3 million copies in the fourth quarter. Versions of ``Rock Band,'' which allows users to play along to music videos with toy guitars and drums, reached U.S. retailers last month. Dauman spoke at a UBS media conference in New York. Viacom added 35 cents, or 0.8 percent, to $43 in after hours trading.
Watch WAT, KO, D, STP, MA for long breakouts.
Watch HD, KSS, KB, COF, MHK, STU for short breakdowns.
-MM
