“Arch Coal Inc. (ACI) , Alpha Natural Resources Inc. (ANR) : The two coal companies may be oversold as the warm winter cut demand for electricity and lowered prices of the commodity, Barron’s reported in its “The Trader” column, citing David Steinberg of DLS Capital Management.
AZZ Inc. (AZZ) : The maker of electrical components reported fourth-quarter revenue was $123.6 million, beating the average analyst estimate of $122.7 million.
Eli Lilly & Co. (LLY) : The Food and Drug Administration cleared the Indianapolis-based pharmaceutical firm’s Amyvid product for patients being evaluated for Alzheimer’s Disease, after delaying approval last year. Amyvid is a radioactive diagnostic agent used to detect the illness. Eli Lilly purchased the product’s developer for $300 million in December 2010.
Icahn Enterprises LP (IEP) : The firm, 93.6 percent owned by Carl Icahn, looks attractive for those who want to participate in the billionaire investor’s takeover success over the long term, Barron’s reported, without citing anyone.
Joy Global Inc. (JOY) : The Milwaukee-based maker of mining equipment looks cheap after shares were sold off on concern that the global economy is slowing down, cutting demand for mining, Barron’s said in its “The Trader” column, without citing anyone.
Legg Mason Inc. (LM) : The Baltimore-based fund manager is poised to benefit if interest rates rise and help improve performance of the firm’s money market portfolios, Barron’s reported.
Office Depot Inc. (ODP) : The second-largest U.S. office- supply chain recalled 307,000 desk chairs in the U.S. and 12,000 in Canada after receiving 11 reports of chairs breaking, resulting in reports of injuries.
WD-40 Co. (WDFC) : The maker of lubricants and hand soap in San Diego forecast earnings in 2012 of as much as $2.45 a share, higher than a previous prediction of no more than $2.40 and exceeding the average analyst estimate of $2.30.”
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