Wednesday, April 25, 2012

hot stock to watch april 26 2012

hot stock to watch april 26 2012 : Shares of the following companies may have unusual moves in U.S. trading tomorrow april 26 2012. Stock symbols are in parentheses, and prices are as of 4:50 p.m. in New York. Standard & Poor’s 500 Index futures expiring in June fell less than 0.1 percent to 1,387.

Ancestry.com Inc. (ACOM) rose 7.4 percent to $26.25. The world’s largest online provider of family histories reported first-quarter earnings of 30 cents a share, beating the average analyst estimate of 23 cents.

Arris Group Inc. (ARRS) rallied 11 percent to $13. The maker of Internet equipment forecast second-quarter revenue of at least $330 million, exceeding the average analyst estimate of $313.6 million.

Cadence Design Systems Inc. (CDNS) : The provider of software for creating computer chips reported first-quarter sales were $315.8 million, topping the average analyst estimate of $309.7 million.

Chevron Corp. (CVX) increased 0.1 percent to $104. The second-largest U.S. energy company boosted its quarterly dividend to 90 cents a share from 81 cents.

Cirrus Logic Inc. (CRUS) advanced 8.2 percent to $24.99. The supplier of parts for Apple’s iPhone and iPad posted fourth- quarter profit of 36 cents a share, beating the 34-cent earnings estimate by analysts on average.

Citrix Systems Inc. (CTXS) jumped 6.6 percent to $82.25. The software maker forecast earnings in 2012 will be at least $2.75 a share, topping the average analyst estimate of $2.72.

Crocs Inc. (CROX) fell 9.3 percent to $20. The plastic- clogs maker projected second-quarter adjusted earnings of no more than 63 cents a share, falling short of the 65-cent profit estimated by analysts on average.

Emulex Corp. (ELX) added 0.1 percent to $9.12. The chipmaker forecast fourth-quarter earnings of at least 21 cents a share, exceeding the average analyst estimate by 1 cent.

H&R Block Inc. (HRB) erased 15 percent to $14.30. The biggest U.S. tax preparer plans to cut 350 jobs and close about 200 company-owned offices as part of a realignment. The Kansas City, Missouri-based company also forecast sales in 2012 will be about $2.9 billion, missing the average analyst estimate of $3.11 billion.

Las Vegas Sands Corp. (LVS) : The U.S. casino company posted a first-quarter profit of 70 cents a share, exceeding the average analyst estimate by 10 cents.

Netgear Inc. (NTGR) rose 4.2 percent to $35.30. The maker of modems and routers posted first-quarter sales of $325.6 million compared with the average analyst estimate of $317.3 million.

Skechers U.S.A. Inc. (SKX) surged 16 percent to $17.34. The maker of Shape-ups toning shoes reported a first-quarter loss of 7 cents a share, narrower than the 27-cent loss predicted by analysts on average.

TriQuint Semiconductor Inc. (TQNT) : The chipmaker forecast a second-quarter loss of at least 10 cents a share, compared with the 4-cent profit estimated by analysts on average.

Varian Medical Systems Inc. (VAR) declined 3.3 percent to $67.49. The maker of radiation equipment forecast third- quarter profit of no more than 95 cents a share, missing the average analyst estimate of $1.02.

Watson Pharmaceuticals Inc. (WPI) advanced 5.5 percent to $73.50. The Parsippany, New Jersey-based generic-drug maker said it will acquire closely held Actavis Group HF for 4.25 billion euros ($5.62 billion).

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