Sept. 26 (Bloomberg) -- The following is a list of companies whose shares may have unusual price changes in U.S. exchanges tomorrow. This preview includes news that broke after exchanges closed. Stock symbols are in parentheses after company names.
Bed Bath & Beyond Inc. (BBBY US) rose 69 cents, or 2 percent, to $34.52 after the official close of U.S. exchanges. The largest U.S. home-furnishings retailer reported second- quarter earnings that topped some analysts' estimates and said it plans to buy back as much as $1 billion of its own stock.
Parexel International Corp. (PRXL US): The provider of research for drugmakers boosted its revenue forecast, predicting sales of as much as $910 million in fiscal 2008. The stock gained 85 cents to $40.42 in regular trading.
Paychex Inc. (PAYX US) fell 88 cents, or 2 percent, to $42.70 in extended trading. The company, which sells payroll and human-resources services, reported revenue of $507.1 million in the fiscal first quarter. That missed the average estimate of $512 million by analysts in a Bloomberg survey.
PolyMedica Corp. (PLMD US): Gamco Investors Inc., the money-management firm run by Mario Gabelli, raised its stake in PolyMedica to 6.34 percent, according to a filing with the U.S. Securities and Exchange Commission. The stock added 4 cents to $52.41 in regular trading.
Progressive Gaming International Corp. (PGIC US) rose 63 cents, or 13 percent, to $5.50 in extended trading. Shuffle Master Inc. (SHFL US), the maker of casino roulette-chip sorters and card shufflers, said it will buy Progressive Gaming's worldwide table game division assets for about $30 million.
Salesforce.com Inc. (CRM US): The biggest seller of online customer-management software said John Freeland, head of its services organization, is leaving to take a job with another company. The stock rose 56 cents to $50.47 in regular trading.
Xyratex Ltd. (XRTX US) fell 96 cents, or 5.1 percent, to $17.85 in extended trading. The provider of data storage and network technology said that, excluding some items, it expects to earn as much as 40 cents a share in the fourth quarter. Analyst Tom Curlin at RBC Capital Markets anticipated 47 cents.
Wednesday, September 26, 2007
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