The following is a list of companies whose shares may have unusual price changes in U.S. exchanges tomorrow. This preview includes news that broke after exchanges closed. Stock symbols are in parentheses after company names.
Brocade Communications Systems Inc. (BRCD US) rose 49 cents, or 5.6 percent, to $9.18 in trading after the official close of U.S. exchanges. The world's largest maker of switches for data- storage networks said first-quarter profit more than tripled on increased demand for storage systems. Excluding some costs, profit was 17 cents a share. That topped the 13-cent average of eight analysts' estimates compiled by Bloomberg.
CH Robinson Worldwide Inc. (CHRW US) rose $1.60, or 3.1 percent, to $54 in extended trading. The arranger of freight shipments will replace Health Management Associates Inc. (HMA US) in the Standard & Poor's 500 Index, S&P said in a statement.
NetEase.com Inc. American depositary receipts (NTES US), each representing 25 shares, rose 81 cents, or 3.7 percent, to $22.63 in extended trading. China's biggest online gaming operator said profit in the fourth quarter was 30 cents a share. That exceeded the 24-cent average estimate by six analysts in a Bloomberg survey.
Threshold Pharmaceuticals Inc. (THLD US) tumbled $2.19, or 61 percent, to $1.39 in extended trading. The company said glufosfamide, its experimental drug for pancreatic cancer, failed in an advanced clinical study.
Xerox Corp. (XRX US): The world's largest maker of high- speed color printers cut its first-quarter profit forecast to 18 cents to 20 cents a share because of restructuring costs related to Fuji Xerox Co., in which it has a 25 percent stake. Xerox previously projected profit of 21 cents to 23 cents. The stock rose 3 cents to $17.91 in regular trading.
Xilinx Inc. (XLNX US) rose 34 cents, or 1.3 percent, to $26.68 in extended trading. The world's largest maker of programmable computer chips said it will buy back as much as $1.5 billion in stock and increase its quarterly dividend to 12 cents a share from 9 cents.
source:www.bloomberg.com
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