Standard & Poor’s 500 Index futures expiring in March fell less than 0.1 percent to 1,288.10.
CA Inc. (CA) rose 6 percent to $22.19. Hedge fund Taconic Capital Advisors LP said it acquired a 5.1 percent stake in the maker of software for mainframe computers, and is in talks with management to boost equity investors’ returns.
Jaguar Mining Inc. (JAG) gained 4.2 percent to $7.12. The target of a takeover bid from China’s Shandong Gold Group Co. in November said “several” parties have entered into confidentiality agreements regarding a possible acquisition or merger.
Multi-Fineline Electronix Inc. (MFLX) : The maker of flexible circuit boards for mobile devices’ said it expects to report first-quarter sales of about $239 million, above the average analyst forecast of $219.8 million.
PVH Corp. (PVH) slumped 4.1 percent to $70.90. The owner of the Tommy Hilfiger and Calvin Klein brands forecast full-year profit that missed some analysts’ estimates. Net income will be $5.90 to $6 a share for the fiscal year ending Feb. 3, 2013. Analysts projected $6, according to 15 estimates compiled by Bloomberg.
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.
http://www.bloomberg.com/news/2012-01-11/ca-jaguar-mining-multi-fineline-pvh-u-s-equity-preview.html
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