Company/EPS Estimate
- (SGR)/.54
- (CBK)/-.08
- (PGR)/.29
- (CC)/-.07
Citigroup Inc. (C) gained 2.4 percent to $24.33. The biggest U.S. bank by assets is in talks to sell $12 billion of loans at a loss to Apollo Management LP, Blackstone Group LP and TPG Inc. as part of an effort to shrink its balance sheet, a person briefed on the matter said.
Sealy Corp. (ZZ) rose 11 percent to $7.89 in extended trading yesterday. The world's largest bedding manufacturer said it earned 17 cents a share in the first quarter. That's 55 percent more than analysts estimated on average, according to a Bloomberg survey.
United Parcel Service Inc. (UPS) dropped 2.9 percent to $71.15. The world's largest package-delivery company reduced its first-quarter earnings estimate because domestic shipments are slowing as the U.S. economy weakens.
Watch POT, NEU, ECA, PG, XEC, WW, SGY for long breakouts.Watch LM, DST, RAI, AET, CHE, MO, PFE for short breakdowns.
-MM
