Movers & Shakers
May 25, 2010, 8:09 a.m. EDT
Aixtron, BP, DiamondRock, Terex
TEL AVIV (MarketWatch) -- Stocks expected to move significantly in Tuesday's trading include Aixtron, BP, DiamondRock and Terex.
Aixtron /quotes/comstock/15*!aixg/quotes/nls/aixg (AIXG 24.55, -3.16, -11.40%) , the German chip-equipment company, saw its rating cut to neutral from overweight at J.P. Morgan Cazenove.
BP /quotes/comstock/13*!bp/quotes/nls/bp (BP 41.09, -0.77, -1.84%) , the U.K. integrated oil giant, outlined alternatives through which it might try to plug the oil gushing from the floor of the Gulf of Mexico if the current effort -- the so-called top kill operation -- fails later this week.
DiamondRock Hospitality /quotes/comstock/13*!drh/quotes/nls/drh (DRH 8.35, -0.89, -9.63%) , the Bethesda, Md., real estate investment trust, plans to sell 20 million common shares and has offered the underwriters an option on 3 million more shares. In addition, the company agreed to acquire the Hilton Minneapolis, which it said is Minnesota's largest hotel, in a deal valued at $155.5 million.
Donaldson Co. /quotes/comstock/13*!dci/quotes/nls/dci (DCI 42.17, -0.09, -0.21%) , the Minneapolis provider of filtration systems, reported third-quarter net income rose to 62 cents a share from 34 cents in the year-earlier period. Charges reduced the earnings by 3 cents and 6 cents, respectively. Quarterly revenue climbed 20% to $497.6 million. A survey of analysts by FactSet Research yielded consensus estimates of 59 cents a share for profit as well as $477.1 million for revenue.
Phillips Van Heusen /quotes/comstock/13*!pvh/quotes/nls/pvh (PVH 54.28, +1.30, +2.45%) swung to a first-quarter loss of 53 cents a share from profit of 53 cents in the year-earlier quarter. In the latest period, the company earned an adjusted 83 cents.
Terex /quotes/comstock/13*!tex/quotes/nls/tex (TEX 20.00, -0.66, -3.20%) , the Westport, Conn., construction-equipment producer, is asking holders of its 8% senior subordinated notes dues 2017 to waive a covenant in the indenture that governs the notes.
Toyota Motor /quotes/comstock/13*!tm/quotes/nls/tm (TM 72.80, -1.70, -2.28%) suspended sales of the Lexus LS in the U.S. as it awaits new parts following its worldwide recall of the model, The Wall Street Journal reported.
The rating on retailer Williams-Sonoma /quotes/comstock/13*!wsm/quotes/nls/wsm (WSM 29.28, +0.44, +1.53%) was affirmed at hold by Deutsche Bank analysts, who raised the stock's target price to $36 from $26.
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