Tuesday, February 21, 2012

U.S Stock to watch feb 22 2012

U.S Stock to watch feb 22 2012 : Shares of the following companies may have unusual moves in U.S. trading feb 22 2012. Stock symbols are in parentheses, and prices are as of 5 p.m. in New York. Standard & Poor’s 500 Index futures expiring in March rose 0.1 percent to 1,360.90.

Brightpoint Inc. (CELL) erased 5 percent to $9.50. The wholesaler of mobile phones reduced its forecast for 2012 earnings excluding certain items to no more than $1.13 a share from as much as $1.17.

Brocade Communications Systems Inc. (BRCD) rose 5.5 percent to $5.80. The maker of switches for data-storage networks forecast revenue in the second quarter of $530 million to $545 million, compared with the average analyst estimate of $537.7 million.

DealerTrack Holdings Inc. (TRAK) declined 4.8 percent to $29.70. The maker of software for car dealerships forecast revenue in 2012 of no more than $372 million, falling short of the average analyst estimate of $380 million.

Dell Inc. (DELL) sank 4.6 percent to $17.38. The third- largest maker of personal computers forecast fiscal first quarter revenue that missed analysts’ estimates as lackluster demand for PCs and competition from Apple Inc. eroded growth.

La-Z-Boy Inc. (LZB) climbed 5.1 percent to $15.15. The maker of living-room recliners reported third-quarter earnings of 19 cents a share excluding some items, topping the average analyst estimate by 1 cent.

Texas Roadhouse Inc. (TXRH) climbed 9.8 percent to $17.90. The steakhouse chain forecast earnings in 2012 will rise 5 percent and boosted it’s share buyback by $100 million.
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