HEADLINE STOCKS-U.S. stocks on the move on Aug. 17
For small and mid-cap stocks to watch, see [WATCH/US1]
NEW YORK Aug 17 (Reuters) - Some U.S. stocks on the move on Tuesday:
POTASH CORP OF SASKATCHEWAN (POT.TO)(POT.N) $144.35, up 28.7 pct (U.S. traded stock)
INTREPID POTASH (IPI.N), $26.72, up 11.5 pct
CF INDUSTRIES (CF.N), $90.08, up 6.5 pct
Potash Corp said its board rejected BHP Billiton's (BHP.AX)(BLT.L) unsolicited $130 per share cash offer, terming it as "grossly inadequate," and adopted a shareholder rights plan. For details see [ID:nSGE67G0DT].
Potash peers' stocks were active on the news as the rejection fueled takeover speculation in the sector.
URBAN OUTFITTERS INC (URBN.O), $32.85, up 4.8 pct
The clothing retailer posted on MOnday a bigger-than-expected quarterly profit as sales rose across its brands. For details see [ID:nSGE67F0G9].
PACTIV CORP PTV.N, $34.25, up 10.8 pct
The maker of Hefty trash bags is in advanced talks to be bought by New Zealand's Rank Group Ltd, according to a Bloomberg report on Monday that cited two people with knowledge of the matter.
ABERCROMBIE & FITCH CO (ANF.N), $36.05, down 4.2 pct
The retailer posted a quarterly profit well ahead of estimates and said it plans to shut about 60 domestic stores over the fiscal year, and open 20 international mall-based Hollister stores -- down from the prior estimate of about 25 stores. For details see [ID:nSGE67G0D8].
AGILENT TECHNOLOGIES INC (A.N), $28.69, up 5.6 pct
The electronics testing equipment maker posted a quarterly profit that beat Wall Street estimates, driven by growth across all segments, and raised its full-year profit outlook. For details see [ID:nSGE67F0KM].
M&T BANK CORP (MTB.N), $90.40, up 5.8 pct
Spain's Santander (SAN.MC)(STD.N) has renewed talks to merge its U.S. operations with the New York regional bank, the Financial Times reported on Tuesday, as the European lender resumes its pursuit of the U.S. market. For details see [ID:nLDE67G09S].
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