Thursday, October 20, 2011

AK Steel, Crocs, Hospira, JPMorgan, Lennar: U.S. Equity Movers

Equity Movers Story tools print this story order a reprint suggest a story digg this save to del. Stock symbols are in parentheses and prices are as of 4 p. Bank of America climbed 10 percent, the most in the Dow average, to $6. The custody bank under pressure from activist investor Nelson Peltz to increase profitability said third-quarter profit rose 11 percent, helped by cost-cutting and a takeover. Marine Corps cut tuition assistance for service members who take classes during off-duty time by 75 percent. The maker of water meters and fluid-control devices reported third quarter earnings of 46 cents per share, missing the average analyst estimate by 16 percent, according to Bloomberg data. The plastic-clogs maker cut its third-quarter earnings-per-share estimate to lower than the average of analysts surveyed by Bloomberg, citing “softness" in the consumer direct channel kiosk and outlet locations. The operator of kidney dialysis centers said it earned at least $1. The drugmaker was boosted to “market outperform" from “market perform" by JMP Securities. The maker of generic injectable drugs reduced its annual earnings estimate because of its response to a warning letter from the U. The distributor of information- technology products said it earned 34 cents a share at most in the third quarter, below the average analyst estimate of 41 cents a share. The biggest computer-services company reported third-quarter sales that missed analysts' estimates on slowing revenue growth at its software, hardware and services businesses. The solar-panel parts maker withdrew its 2011 financial forecast, citing a lack of clarity on global demand. The uranium miner's license to produce 3 million pounds of the nuclear fuel in New Mexico was reactivated by the Nuclear Regulatory Commission. Movers
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