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Tuesday, February 10, 2009

Atmel, CB Richard Ellis, Cerner, Nvidia: U.S. Equity Preview

Feb. 10 (Bloomberg) -- Shares of the following companies may have unusual fluctuations in U.S. trading tomorrow. Stock symbols are in parentheses, and prices are as of 5:30 p.m. in New York.

Standard & Poor’s 500 Index futures expiring in March rose 0.4 percent to 829.80.

Atmel Corp. (ATML:US) fell 5.1 percent to $3.69. Microchip Technology Inc. (MCHP:US) said it’s ending consideration of a potential purchase of Atmel and withdrawing the slate of directors it nominated for the chipmaker’s board.

CB Richard Ellis Group Inc. (CBG:US) rose 11 percent to $4.20. The world’s largest commercial-property broker reported profit excluding some items of 37 cents a share in the fourth quarter. That beat the 27-cent average estimate in a Bloomberg survey of analysts.

Cerner Corp. (CERN:US) rose 5.2 percent to $38. The maker of software for electronic medical records said that, excluding some items, it earned 65 cents a share in the fourth quarter. That’s 6 percent higher than the average estimate from analysts, according to Bloomberg data.

CF Industries Holdings Inc. (CF:US) rose 3.1 percent to $55.26. The U.S. maker of nitrogen-based crop nutrients posted earnings excluding some items of $4.29 a share in the fourth quarter. That almost doubled the average analyst estimate, according to Bloomberg data.

Nvidia Corp. (NVDA:US) fell 2.9 percent to $9.05. The second-largest maker of graphics chips reported a fiscal fourth- quarter loss excluding items of 18 cents a share after computer makers and consumers cut back on purchases. That’s wider than the 11-cent average loss expected by analysts, according to a Bloomberg survey.

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