March 7 (Bloomberg) -- Shares of the following companies may have unusual moves in U.S. trading tomorrow. Stock symbols are in parentheses, and prices are as of 5:23 p.m. in New York on March 5.
Standard & Poor’s 500 Index futures expiring in March rose 1.3 percent to 1,136.50.
AT&T Inc. (T:US): The largest U.S. telephone company said core wireline employees in its southeast region voted to ratify a three-year agreement with the Communications Workers of America covering about 30,000 people.
BCE Inc. (BCE:US): Canada’s largest telephone company may rise as much as 10 percent during the next year as it cuts costs and improves profitability, Barron’s reported.
C.H. Robinson Worldwide Inc. (CHRW:US): The freight- shipment manager may rise to $66 in the next year as the economy rebounds and boosts demand for deliveries, Barron’s reported, citing money manager Lisa Dong.
Hewlett-Packard Co. (HPQ:US) fell 0.2 percent to $51.93. The world’s largest personal-computer maker revised its first- quarter results, cutting profit by 3 cents a share, after a lawsuit against its Electronic Data Systems unit increased legal costs.
Imax Corp. (IMAX:US): “Alice in Wonderland” earned $11.9 million at 188 Imax 3-D theaters this weekend, the most ever in its history, according to Hollywood.com Box-Office.
OAO Mobile TeleSystems (MBT:US): Russia’s largest mobile- phone company may rise 25 percent during the next year as it bundles more telecommunications services for consumers, Barron’s reported, citing analyst Pieter Stalenhof.
Sybase Inc. (SY:US): The mobile software maker said it boosted its share repurchase by $150 million, and said it will use cash and stock to pay for the conversion of about $390 million of its 1.75 percent convertible notes due 2025.
Walt Disney Co. (DIS:US): “Alice in Wonderland,” the classic Lewis Carroll tale re-imagined in 3-D by director Tim Burton, earned $116.3 million this weekend. The film had the sixth-best opening ever, the best March debut, and was the first movie to cross the $100 million in the January-to-March period, Hollywood.com Box Office said.
Wipro Ltd. (WIT:US): The India-based international outsourcing company may decline along with Infosys Technologies Ltd. (INFY:US) as customers delay orders on lingering questions about the economic recovery and competition increases, Barron’s reported.
YRC Worldwide Inc. (YRCW:US): The largest U.S. trucker said it expects to complete a reverse stock split during the second quarter after the Nasdaq Stock Market notified the company it was not in compliance because shares closed at a per-share bid price of less than $1 for 30 consecutive business days.
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Sunday, March 7, 2010
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