November 20, 2012 / 1:42 PM / 5 years ago

MARKET PULSE-HP, Groupon, Best Buy, Chico's FAS, Sturm Ruger, Brown Shoe

Nov 20 (Reuters) - Some U.S. stocks to watch on Tuesday:

(For more market insights, including options activity, click on STXNEWS/US; for the day ahead newsletter, link.reuters.com/mex49s)

FUTURES FLAT AFTER TWO-DAY RALLY, FRANCE DOWNGRADE

U.S. stock index futures dipped on Tuesday, indicating the S&P 500 index may snap a two-day rally, after a credit downgrade of France by ratings agency Moody’s and weak earnings by Hewlett-Packard.

S&P 500 futures fell 1.8 points, Dow Jones industrial average futures lost 21 points, and Nasdaq 100 futures added 3.25 points.

** HEWLETT-PACKARD CO, Monday close $13.30, down 7 pct premarket

** DELL INC, Monday close $9.13, down 2 pct premarket

Hewlett-Packard said on Tuesday it took an $8.8 billion charge related to its acquisition of software firm Autonomy, citing “serious accounting improprieties,” as it swung to a fourth-quarter loss.

** GROUPON INC Monday close $3.11, up 6 pct post market

Tiger Global Management, a technology-focused hedge fund run by Chase Coleman and Feroz Dewan, disclosed a big stake in the company on Monday, a vote of confidence for the struggling daily deal website.

** KRISPY KREME DOUGHNUTS INC, Monday close $7.54, up 11 pct aftermarket

The doughnut retailer reported better-than-expected third-quarter profit on Monday, helped by higher sales of its doughnuts and beverages in the United States and international markets, and raised its full-year adjusted earnings forecast.

** STURM RUGER & CO INC, Monday close $48.83, up 5 pct aftermarket

The firearms maker declared a special dividend of $4.50 per share which will be paid to shareholders on Dec 21, 2012.

** SANDRIDGE ENERGY INC, Monday close $5.62, down 3 pct post market

The U.S. oil and gas company, under fire from shareholders upset about company performance, said on Monday its board of directors adopted a shareholder rights plan that would make it more difficult to take control of the company.

** ATLAS RESOURCE PARTNERS LP, Monday close $24.06

The oil and natural gas producer said it would buy about 35 million barrels of oil equivalent (mmboe) of proved reserves in the Barnett Shale and Marble Falls for $255 million from DTE Energy.

Atlas also raised its 2013 distribution guidance to a range of $2.35 per unit to $2.50 per unit from $2.30 to $2.45 per unit.

** C&J ENERGY SERVICES INC, Monday close $19.47, down 2.7 pct post market

The oilfield services provider’s second-largest shareholder, Energy Spectrum, will sell all of its 3.3 million shares in the company after the completion of its investment period. C&J Energy will not receive any proceeds from the sale of shares.

** LEARNING TREE INTERNATIONAL INC, Monday close $5.50, up 7 percent post market

Mill Road Capital on Monday reported a 10 percent stake in the company that provides training to information technology professionals, and said it intends to acquire Learning Tree.(r.reuters.com/xyg24t)

The private investment firm first offered to buy Learning Tree for $5.80 per share in October, when it reported a 6 percent stake in the company.

** INTEL CORP, Monday close $20.25

The top chipmaker’s Chief Executive Officer Paul Otellini will retire sooner than expected and the company said it may name an outsider for the position for the first time to steer a difficult transition toward mobile computing.

** TRINA SOLAR LTD, Monday close $2.40

The Chinese solar panel maker reported its fifth straight quarterly loss and cut its full-year shipment outlook for the second time in four months as it struggles with weak panel prices and faces import duties in the United States.

** BROCADE COMMUNICATIONS SYSTEMS INC $5.54, down 1 pct post market

The networking equipment maker reported better-than-expected fourth-quarter results but forecast earnings marginally below Wall Street’s expectations.

** CHESAPEAKE ENERGY CORP, Monday close $17.47, up 2 pct premarket

Billionaire investor Carl Icahn, one of the largest shareholders in the natural gas producer, raised his stake in the embattled company to 8.9 percent from 7.56 percent.

** HORMEL FOODS CORP, Monday close $31.30

The seller of Spam canned ham, Hormel meats and Jennie-O turkeys reported higher quarterly earnings on Tuesday as losses in the company’s hog operations were offset by profit gains in other parts of the business.

** CLIFFS NATURAL RESOURCES INC, Monday close $35.29, down 4.8 pct premarket

The largest North American producer of iron ore pellets for steelmaking said on Monday that it will delay a mine expansion in Quebec and idle some production at two U.S. iron ore operations due to weak iron ore prices.

Brokerage firm Goldman Sachs cut the rating on the company’s stock to sell, Benzinga.com reported.

** SCHIFF NUTRITION, Monday close 44.15, down 5 pct premarket

German drugmaker Bayer AG gave up trying to buy the company after Reckitt Benckiser made a higher offer for the U.S. vitamin maker.

** GREEN MOUNTAIN COFFEE ROASTERS INC, Monday close $27.33, up 3 pct premarket

The maker of Keurig coffee brewers appointed Coca-Cola Inc executive Brian Kelley to its top post, replacing Lawrence Blanford who had led the company since 2007.

** H.J. HEINZ CO, Monday close $58.72, up 1 pct post market

The ketchup maker reported higher quarterly earnings on Tuesday, boosted by growth in emerging markets, a favorable tax rate and other factors.

** RESEARCH IN MOTION LTD , Monday close $9.59, up 5 pct premarket

Brokerage firm Jefferies raised its rating on the stock to hold from underperform.

Analyst Peter Misek said preliminary results of its quarterly handset survey show carriers will support BlackBerry 10 devices and the response will be far less muted than he expected.

Misek said BB10 has a 20-30 percent probability of success for RIM, which has lost market share to Apple Inc’s iPhone and to devices powered by Google’s Android operating system.

** SIGNET JEWELERS LTD , Monday close $52.99, down 1 pct premarket

The company reported a higher quarterly profit on Tuesday, lifted by gains at its mid-priced Kay Jewelers chain and improved sales of its higher-margin jewelry.

** DAKTRONICS INC, Monday close $8.14, up 6 pct premarket

The electronic scoreboard and billboard maker reported second-quarter results well above market expectations on improved margins across all its businesses.

** BEST BUY CO INC, Monday close $13.75, down 5.5 pct premarket

The company reported a decline in same-store sales on Tuesday - its ninth in the last ten quarters - highlighting one of the challenges for its new chief executive as he tries to turn around the world’s largest consumer electronics chain.

** SUNSHINE HEART INC $7.82, up 19 percent premarket

The heart-device maker got U.S. health regulator go ahead to start a clinical trial to study its C Pulse Heart Assist System in patients suffering from heart failure.

The study will also bring in revenue as the U.S. Food and Drug Administration’s categorisation of the device makes it possible that the company is reimbursed for the implantation of the device in half the patient population tested.

** CHICO‘S FAS INC, Monday close $18.16, up 4 pct premarket (0818 ET)

The women’s apparel retailer’s third-quarter results beat Street estimates as the company sold more of its colorful fall fashion clothing at full prices. Comparable store sales rose 9.9 percent in the quarter.

** CAMPBELL SOUP CO, Monday close $36.95, up 3 pct premarket

The soup company reported lower quarterly net earnings on Tuesday, hurt by charges related to its recent acquisition of Bolthouse Farms, and stood by its full-year forecast.

** BROWN SHOE CO INC, Monday close $15.74, up 4 pct premarket

The shoe retailer’s profit beat analysts’ estimates for a third straight quarter, helped by a strong back-to-school season and higher sales at its Famous Footwear stores, prompting the company to raise its profit forecast for the year. (Compiled by Tej Sapru in Bangalore)

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