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Bed Bath & Beyond, Pandora, Zumiez: U.S. Equity Preview
2012-04-05 08:04:53

 

Standard & Poor’s 500 Index futures expiring in June fell 0.1 percent to 1,391.60.

AngioDynamics Inc. (ANGO) retreated 2.9 percent to $11.91. The maker of devices to treat cancer and heart disease forecast fourth-quarter earnings may be as low as 9 cents a share, compared with the average analyst estimate of 11 cents.

Bed Bath & Beyond Inc. (BBBY) jumped 5.6 percent to $69.93. The retain-chain operator posted a fourth-quarter profit of $1.48 a share, beating the average analyst estimate of $1.32.

Pandora Media Inc. (P) climbed 0.7 percent to $10.12. The Internet radio pioneer is in a pact with Nissan Motor Co. (7201) (7201 JP) to allow for in-car streaming in the auto company’s 2013 Altima. Suzuki Motor Corp. (7269) (7269 JP) will also integrate Pandora into its vehicles.

PriceSmart Inc. (PSMT) slipped 1.5 percent to $70.01. The owner of warehouse-shopping clubs reported second-quarter earnings were 67 cents a share, trailing analysts’ average estimate by 1 cent.

Zumiez Inc. (ZUMZ) : The sports-apparel retailer said comparable store sales increased 14 percent in March, exceeding the average analyst estimate of 10 percent.

To contact the reporter on this story: Inyoung Hwang in New York at ihwang7@bloomberg.net

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

http://www.bloomberg.com/news/2012-04-04/bed-bath-beyond-pandora-zumiez-u-s-equity-preview.html





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