Monday, March 26, 2012

US Stock to Watch march 27 2012

US Stock to Watch march 27 2012 : Shares of the following companies may have unusual moves in U.S. trading tomorrow march 27 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 June fell less than 0.1 percent to 1,414.60.

Apollo Group Inc. (APOL) climbed 4.1 percent to $44.95. The biggest U.S. for-profit college company posted fiscal second-quarter profit that topped analysts’ estimates as more new students signed up for classes.

Hatteras Financial Corp. (HTS) slipped 2.6 percent to $27.30. The real estate investment trust that invests in mortgage securities issued or guaranteed by U.S. government sponsored entities will sell 15 million shares in a public offering.

Landec Corp. (LNDC) : The maker of packaged food products reported third-quarter earnings were 18 cents a share, surpassing the average analyst estimate by 5 cents.

Neurocrine Biosciences Inc. (NBIX) sank 9.9 percent to $8.10. The San Diego-based drugmaker said results from a phase II trial of NBI-98854 in tardive dyskinesia patients didn’t meet the primary endpoint when data was included from a site where efficacy assessment protocol wasn’t followed. With that site removed, the results shows a “significant” reduction in symptoms, the company said.

Opnext Inc. (OPXT) surged 57 percent to $1.77. The maker of optical components for communications networks will be purchased by Oclaro Inc. (OCLR) in an all-stock deal. Holders of Fremont, California-based Opnext will get 0.42 shares of Oclaro stock, or about $1.96, for every Opnext share they own.

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