Sunday, February 25, 2007

Chiquita, CTC Media, Matria, Vicor: U.S. Equity Movers Final

The following is a list of companies whose shares had unusual price changes in U.S. exchanges. Stock symbols are in parentheses after company names. Share prices are as of 4 p.m. New York time.

A.C. Moore Arts & Crafts Inc. (ACMR US) fell $1.10, or 5.4 percent, to $19.33. The owner of art-supplies stores said that, excluding some costs, it earned 37 cents a share in the fourth quarter. Analysts had expected profit of 62 cents, on average, according to Bloomberg.

Aixtron AG (AIXG US) American depositary receipts, each representing one share, added 60 cents, or 10 percent, to $6.49. The German maker of machines that coat semiconductors won orders in China worth 7.5 million euros ($9.8 million). The systems will be installed in the second half of this year, the Aachen-based company said in a statement published on its Web site.

BEA Systems Inc. (BEAS US) fell $1.25, or 9.5 percent, to $11.95. The software company will have $350 million to $364 million in revenue in the current quarter, Chief Executive Officer Alfred Chuang said on a conference call. That's below the $364.6 million average estimate of 17 analysts polled by Bloomberg.

Oracle Corp. (ORCL US), a BEA rival, fell 45 cents, or 2.6 percent, to $16.82.

Bio-Rad Laboratories Inc. (BIO US) fell $5.68, or 6.9 percent, to $76.50. The maker of laboratory equipment was cut by Robert W. Baird & Co. analyst Quintin J. Lai to ``neutral'' from ``outperform.''

BP Plc American depositary receipts (BP US), each representing six shares of Europe's second-biggest oil company, rose $1.37, or 2.2 percent, to $63.16. BP said an employee didn't deliberately delete files relating to a 2005 explosion at a Texas oil refinery. London-based BP agreed to hand over the computer hard drive of Susan Moore, the company's health and safety coordinator in Houston, to experts who will determine what has been deleted, BP spokesman Toby Odone in London said. The Financial Times reported earlier today that Moore had admitted destroying documents after lawyers subpoenaed her laptop, citing court documents.

Chesapeake Energy Corp. (CHK US) rose 89 cents, or 3 percent, to $30.47. The second-biggest U.S. independent natural gas producer said fourth-quarter earnings, excluding some items, were 90 cents a share. That topped the 77-cent average estimate of analysts in a Bloomberg survey.

Charter Communications Inc. (CHTR US) gained 9 cents, or 2.9 percent, to $3.19. CNBC host Jim Cramer said low interest rates should allow the broadband service to refinance its debt and spend more money on its business.

Chiquita Brands International Inc. (CQB US) fell $1.77, or 11 percent, to $14.85. The owner of the namesake banana and Fresh Express bagged-salad brands said its fourth-quarter loss widened to 99 cents a share from 45 cents a year earlier. Three analysts estimated a loss of 47 cents a share on average in a Bloomberg survey. The company said it continues to face consumer concerns about the safety of spinach and bagged salads.

Circuit City Stores Inc. (CC US) fell 39 cents, or 1.9 percent, to $20.39. The second-largest U.S. electronics retailer, said Chief Financial Officer Michael Foss plans to leave in April to take an executive position at a private equity-owned retail company.

CommScope Inc. (CTV US) advanced $1.97, or 5.3 percent, to $39.14. The maker of communications network cable said in a statement that fourth-quarter profit was 40 cents a share, more than the 37-cent average estimate of analysts surveyed by Bloomberg. The company boosted its 2007 revenue forecast to as much as $1.76 billion. Analysts, on average, estimated revenue of $1.72 billion.

CTC Media (CTCM US) rose 72 cents, or 3.6 percent, to $20.86. The company, which controls Russia's fourth-largest television network by market share, was raised to ``buy'' from ``hold'' at Deutsche Bank yesterday.

Energy Metals Corp. (EMU US) increased 31 cents, or 2.6 percent, to $12.19. The Canadian mining company was recommended by CNBC host Jim Cramer, who said it would benefit from increased worldwide demand for uranium.

GFI Group Inc. (GFIG US) dropped $4.72, or 7.1 percent, to $61.98. The broker that arranges derivatives trades between banks reported profit of 57 cents a share in the fourth quarter, excluding some items. That's in line with the average analyst estimate in a Bloomberg survey. The company had beat analysts' forecasts in the previous five quarters, Bloomberg data showed.

Great American Financial Resources Inc. (GFR US) rose $3.38, or 16 percent, to $25.07. American Financial Group Inc., a property and casualty insurer, offered to buy the remainder of its Great American Financial Resources unit, paying $215 million for the 19 percent stake it doesn't own. Great American holders would receive $23.50 a share, the company said today in a statement. That's 8.3 percent more than Great American's closing price yesterday.

H&R Block Inc. (HRB US) rose 43 cents, or 1.9 percent, to $22.85. The largest U.S. tax preparer said profit, excluding some items, will be as much as $1.25 a share in fiscal 2007. The potential sale of its money-losing mortgage unit ``has progressed as planned,'' and the company expects to announce results in March, H&R Block said. Analysts had forecast annual profit of $1.20, the average of six estimates compiled by Bloomberg.

Lowe's Cos. (LOW US) rose $1.30, or 3.9 percent, to $34.93. The world's second-largest home-improvement retailer said in a statement that its fourth-quarter net income fell to $613 million, or 40 cents a share, from $693 million, or 43 cents, a year earlier. The company expected fourth-quarter per-share profit of 36 cents to 38 cents. Twenty analysts, on average, estimated 37 cents, according to a Bloomberg survey.

Matria Healthcare Inc. (MATR US) fell $1.42, or 5.2 percent, to $25.97. The provider of programs to help control health-care costs said first-quarter profit in 2007 could be as much as 21 cents a share. Seven analysts estimated 25 cents on average in a Bloomberg survey.

Midway Games Inc. (MWY US) fell 23 cents, or 3 percent, to $7.46. The video-game maker said first-quarter revenue will be $7 million, below the $13.1 million average estimate of three analysts, and its loss will be 25 cents a share, wider than the 17-cent average estimate.

Red Robin Gourmet Burgers Inc. (RRGB US) rose $2.89, or 7.6 percent, to $41.05. The hamburger restaurant chain said profit, excluding some items, was 49 cents a share in the fourth quarter. That beat the 35-cent average estimate of nine analysts surveyed by Bloomberg.

Roper Industries Inc. (ROP US) added $3.72, or 7.2 percent, to $55.14. The maker of industrial and medical instruments said in a statement that fourth-quarter profit was 64 cents a share, more than the 62-cent average estimate of analysts surveyed by Bloomberg.

Semco Energy Inc. (SEN US) surged $1.79, or 30 percent, to $7.79. The Michigan-based natural-gas distributor agreed to be acquired by a unit of buyout firm Lindsay Goldberg & Bessemer LP for about $352 million. The unit, Cap Rock Holding Corp. will pay Semco shareholders $8.15 for each of their shares, Semco said in a statement. That represents a premium of 36 percent over Semco's closing share price yesterday. Lindsay Goldberg also will assume $515 million of Semco debt.

Tekelec (TKLC US) fell $1.39, or 9.3 percent, to $13.51. The maker of network systems products reported a fourth-quarter loss from continuing operations excluding some items of 10 cents a share. Analysts estimated in a Bloomberg survey the company would report a loss of 1 cent on average. The company was also cut to ``marketperform'' at Piper Jaffray.

Universal Electronics Inc. (UEIC US) rose $5.35, or 24 percent, to $27.89. The maker of wireless products for computers and remote-control devices said that, excluding some items, it earned 40 cents a share in the fourth quarter. That beat the 32- cent average estimate by analysts in a Bloomberg survey.

Verigy Ltd. (VRGY US) rose $4.45, or 24 percent, to $23.33. The chip-testing company said that, excluding some items, it expects to earn as much as 37 cents a share in its fiscal second quarter. That would exceed the 23-cent average estimate of six analysts in a Bloomberg survey.

Vicor Corp. (VICR US) fell $1.21, or 11 percent, to $9.73. The maker of electricity converters reported a fourth-quarter loss of 92 cents a share. Four analysts estimated a profit of 6 cents a share on average in a Bloomberg survey. The company also said that it has settled a lawsuit with Ericsson Inc. and will pay $50 million.

Volcom Inc. (VLCM US) added $3.47, or 11 percent, to $36.24. The clothing maker said in a statement that it expects 2007 revenue of as much as $280 million, more than the $268 million estimate of analysts surveyed by Bloomberg.

Xyratex Ltd. (XRTX US) advanced $1.51, or 6.7 percent, to $23.90. The provider of data storage and network technology was raised to ``buy'' from ``hold'' at Citigroup.

source:www.bloomberg.com

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