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Alexza, AmBev, Coinstar, Hoku, LinkedIn, Sturm Ruger: U.S. Equity Preview
2011-12-19 10:06:43

Shares of the following companies may have unusual moves in U.S. trading tomorrow. Stock symbols are in parentheses.

Alexza Pharmaceuticals Inc. (ALXA) : The Mountain View, California-based drugmaker said on Dec. 16 it hired Lazard Ltd. to explore strategic options, including selling itself.

Cia de Bebidas das Americas (AMBV3) : The U.S. traded shares of the Brazilian beer maker may rise to mid-$40s in the next year as growth of the economy and sports events boost beer consumption in Brazil, Barron’s reported.

Coinstar Inc. (CSTR) : The owner of the Redbox DVD rental kiosks may rise to the $60s as more Americans rent DVDs at its $1.20-a-night Redbox kiosks, Barron’s said, citing Digital Entertainment Group data.

Conn’s Inc. (CONN) : The Beaumont, Texas-based consumer electronics retailer may be overvalued if more customers have trouble paying their credit-card balances than anticipated, Barron’s reported in its “The Trader” column, without citing anyone.

Hoku Corp. (HOKU) : The Honolulu-based energy products company said Chief Financial Officer Darryl Nakamoto resigned, effective March 31.

Jakks Pacific Inc. (JAKK) : The toymaker reduced its 2011 adjusted earnings and sales forecast, citing a “difficult” retail environment for toys. Earnings will be 37 cents to 40 cents a share, compared with an earlier estimate for $1.32 to $1.35 a share.

LinkedIn Corp. (LNKD US): Prudential Financial Inc. amended a filing, reporting its stake in the biggest professional- networking website at 7.8 percent, compared with 15.9 percent reported Dec. 12.

Phoenix Cos. (PNX) : The insurer and money manager that caters to wealthy clients had the outlook on its Phoenix Life Insurance Co. raised to “positive” from “stable” by Moody’s Investors Service.

Sturm Ruger & Co. (RGR) : The firearms maker may benefit as weapons sales gain in the U.S., Barron’s reported in its “The Trader” column.

To contact the reporters on this story: Whitney Kisling in New York at wkisling@bloomberg.net; Serena Saitto in New York at ssaitto@bloomberg.net

To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net





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