Shares of the following companies may have unusual moves in U.S. trading on Dec. 27. Stock symbols are in parentheses. U.S. equity markets are closed tomorrow in observance of the Christmas Day holiday.
Cel-Sci Corp. (CVM) : The drug and vaccine developer reported a fiscal year 2011 loss of 13 cents a share.
Gap Inc. (GPS) : The clothing retailer may rise to $22 or higher in the next year as it expands its online business and opens stores outside the U.S., Barron’s reported.
Hovnanian Enterprises Inc. (HOV) : The homebuilder’s shares may fall further as it struggles to generate cash and make interest payments, Barron’s reported.
Parlux Fragrances Inc. (PARL) : The maker of Queen Latifah and Paris Hilton fragrances agreed to be purchased by Perfumania Holdings Inc. (PERF) for about $170 million in cash and stock.
Pilgrim’s Pride Corp. (PPC) : Shares of the poultry producer may be expensive as the chicken industry struggles with overcapacity while feed costs remain uncertain, Barron’s reported in its “The Trader” column.
SunTrust Banks Inc. (STI) : Shares of the Atlanta-based regional bank may rise to $30 in a year as it improves its loan quality and lowers operating costs, Barron’s reported, citing analysts.
Ulta Salon, Cosmetics & Fragrance Inc. (ULTA) : The seller of cosmetics, fragrances, and skin and hair products may fall to the mid-$50’s as competition intensifies and it gets tougher to exceed growth expectations, Barron’s reported.
To contact the reporter on this story: Nikolaj Gammeltoft in New York at ngammeltoft@bloomberg.net
To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net.
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