Company/Estimate
- (AMT)/.07
- (JWN)/.89
- (DCI)/.42
- (LDK)/.41
- (TDS)/.46
- (PAY)/.36
- (RSH)/.72
- (LOW)/.25
Abercrombie & Fitch Co. (ANF:US): The clothing retailer for teens and college students may climb above $100 a share on the New York Stock Exchange in the next year, Barron's said, citing analysts. Abercrombie added 1.3 percent to $77.48 on Feb. 22.
Ambac Financial Group Inc. (ABK) rose 3.2 percent to $11.05. Ambac, the second-biggest bond insurer after MBIA Inc. (MBIA), advanced on investor expectations the bond insurer may be rescued from crippling credit-rating downgrades by getting $3 billion in new capital. MBIA rose 3.8 percent to $12.64.
Genentech Inc. (DNA): The company may add more than $700 million in sales this year after it won U.S. approval to market its top-selling treatment Avastin for women with breast cancer. Genentech fell 0.2 percent to $71.60 on Feb. 22.
General Motors Corp. (GM) fell 2 percent to $23.60. The world's biggest automaker was downgraded to ``hold'' from ``buy'' at Deutsche Bank AG, which cited reduced auto demand because of a slowing economy.
Hershey Co. (HSY): The biggest U.S. chocolate maker is looking for an international partner to reduce its reliance on U.S. sales, which account for 80 percent of revenue, the Wall Street Journal said, without citing anyone. Hershey gained 0.6 percent to $36.84 on Feb. 22.
Immtech Pharmaceuticals Inc. (IMM): The company said it will end development of its pafuramidine drug for prevention of malaria and the treatment of sleeping sickness and pneumocystis pneumonia, citing safety reports from a study. Immtech lost 3.4 percent to $2 on Feb. 22.
Lowe's Cos. (LOW) fell 2.3 percent to $23.05. The world's second-largest home-improvement retailer said first-quarter profit will be as low as 38 cents a share. Analysts expected 43 cents, the average estimate in a Bloomberg survey.
Royal Bank of Scotland Group Plc (RBS) rose 5 percent to $8.02. The U.K.'s second- biggest bank gained on speculation that Qatar Investment Authority may buy a stake.
Walt Disney Co. (DIS): The second-largest U.S. media company may rise 25 percent on the New York Stock Exchange as it generates sales from attractions, movies, merchandise and benefits from loyal viewers of its ESPN sports networks, Barron's said. Disney gained 0.9 percent to $32.57 on Feb. 22.
Watch USB, NLY, WLT, ANR, COG for long breakouts.Watch MGM, GE, SO, WLP for short breakdowns.
-MM
