Friday, May 15, 2009

Agilent, Blockbuster, Chemed, Nordstrom: U.S. Equity Preview

Shares of the following companies may have unusual moves in U.S. trading tomorrow. Stock symbols are in parentheses, and prices are as of 5:25 p.m. in New York.

Standard & Poor’s 500 Index futures expiring in June added 0.3 percent to 890.

Agilent Technologies Inc. (A:US): The biggest maker of scientific-testing equipment said it expects fiscal 2009 revenue to decline 25 percent from a year earlier.

American Dairy Inc. (ADY:US) rose 14 percent to $21. The milk producer said first-quarter earnings per share more than tripled to $1.55 as sales increased.

Blockbuster Inc. (BBI:US) dropped 24 percent to 87 cents. The largest movie-rental chain reported first-quarter sales that trailed analysts’ estimates and forecast a drop in same store sales this year.

Chemed Corp. (CHE:US) fell 11 percent to $36.60. The health-care company owner, which also provides Roto-Rooter plumbing services, said a unit received an administrative subpoena from the U.S. Department of Justice requesting documents on hospice services.

Nordstrom Inc. (JWN:US) rose 2.6 percent to $21.50. The luxury department-store chain reported first-quarter profit excluding some items of 31 cents a share, beating the average analyst estimate by 20 percent. The company boosted its full- year forecast.

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