November 27, 2012 / 12:22 PM / in 5 years

MARKET PULSE-Dollar General, Acadia Pharma, Conagra Foods, Ralcorp

Nov 27 (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)

** U.S. STOCK INDEX FUTURES SIGNAL SLIGHTLY HIGHER OPEN

U.S. stock index futures pointed to a higher open on Wall Street. Market sentiment improved after Euro zone finance ministers and the International Monetary Fund clinched agreement late on Monday on reducing Greece’s debt in a breakthrough to release urgently needed loans to keep the near-bankrupt economy afloat.

** DOLLAR GENERAL CORP, Monday close $51.11, up 3 pct premarket

The discount retailer will join the S&P 500 after the close of trading on Nov. 30, and will replace Cooper Industries Plc , acquired by U.S. industrial manufacturer Eaton Corp .

Citi Investment Research analyst Deborah Weinswig said once added to the S&P 500, passive indexers will need to buy 29.2 million shares, which would drive about 6 percent increase in the stock price.

** ACADIA PHARMACEUTICALS INC, Monday close $2.30, up 3 pct premarket

The biopharmaceutical company will issue data from late-stage studies of its experimental Parkinson’s disease psychosis drug on Tuesday morning.

** CONAGRA FOODS Inc, Monday close $28.29

** RALCORP HOLDINGS INC, Monday close $70.23

ConAgra Foods said it will acquire Ralcorp Holdings for about $5 billion to boost its presence in the private label food market.

Ralcorp also reported a fourth-quarter loss per share from continuing operations.

** GENERAC HOLDINGS INC, Monday close $32.01, up 7 pct aftermarket

The generator maker said late on Monday that it was withdrawing a secondary offering of its shares “due to market conditions”.

Shares of Generac had fallen 7 percent during business hours on Monday after it reported the offering of 11.5 million shares.

** EQUITY RESIDENTIAL, Monday close $54.43, down 3 pct aftermarket

** AVALONBAY COMMUNITIES INC, Monday close $128.95, down 2 pct aftermarket

The real estate investment trust and AvalonBay will buy property group Archstone from Lehman Brothers Holdings Inc for about $6.5 billion.

** THOR INDUSTRIES INC, Monday close $43.60, down 7 pct aftermarket

The recreational vehicle and bus maker reported first-quarter earnings below market expectations as the company’s profit was hurt by discounts implemented to counter a rise in competition in the RV and bus markets.

** HEWLETT-PACKARD, Monday close $12.74

The world’s largest PC maker was sued on Monday by an investor who claimed the company knew statements about its Autonomy acquisition were misleading and led the stock to fall, according to lawyers representing the plaintiff.

** GREEN MOUNTAIN COFFEE ROASTERS INC, Monday close $28.61

The maker of the Keurig single-serve coffee system is expected to post a quarterly profit that narrowly exceeds year-ago levels. The company’s stock price has tumbled over the past year amid questions about its accounting practices, business model and marketshare sustainability.

** CHINA SUNERGY CO LTD, Monday close $1.18

The solar equipment maker is expected to post its sixth consecutive quarterly loss as panel prices have crashed since the beginning of 2011 due to oversupply and reduced demand. (Compiled by Maria Ajit Thomas in Bangalore)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below