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Sunday, December 6, 2009

Dow, Eli Lilly, Ford, Office Depot, Sprint: U.S. Equity Preview

Dec. 6 (Bloomberg) -- Shares of the following companies may have unusual moves in U.S. trading tomorrow. Stock symbols are in parentheses.

Acer Inc. (ASIYF:US): The world’s second-largest personal computer maker after Hewlett-Packard Co. may rise as it works to double its profit margins and expand in emerging markets, Barron’s reported.

American Movil SAB (AMX:US): The largest mobile-phone company in Latin America may rise to the high $50s in the next year as wireless-phone use in emerging markets expands, Barron’s reported, citing analysts.

Dow Chemical Co. (DOW:US): The largest U.S. chemicals maker may rise to $40 or higher in the next two years as its Rohm & Haas Co. purchase and its expansion in emerging markets boost earnings, Barron’s reported.

Eli Lilly & Co. (LLY:US): The Indianapolis-based drugmaker won approval from the U.S. Food and Drug Administration to broaden use of its top-selling antipsychotic medicine, Zyprexa, to teenagers with schizophrenia or bipolar disorder.

Ford Motor Co. (F:US): The automaker said it intends to sell as much as $1 billion of shares, according to a filing with regulators.

Office Depot Inc. (ODP:US): The second-largest office- supply retailer said it reached a proposed settlement with the staff of the U.S. Securities and Exchange Commission to resolve a previously disclosed SEC inquiry that commenced in July 2007 and a formal investigation disclosed in January 2008.

Sprint Nextel Corp. (S:US): The third-largest U.S. wireless carrier may rise as much as 50 percent on its purchase of Virgin Mobile USA Inc. and as the number of its prepaid subscriptions increases, Barron’s reported, without citing anyone.

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