Advanced Micro Devices Inc. (AMD) gained 2.4 percent to $7.95. The second-largest maker of processors for personal computers was moved to buy from hold at Jefferies & Co., which increased the 12-month price estimate to $10.50 from $7.
Apple Inc. (AAPL) increased 1.3 percent to $597.20. The world’s largest technology company had its share price estimate raised to $718 from $670 at Piper Jaffray Cos.
Capital One Financial Corp. (COF) dropped 0.8 percent to $51.90. The McLean, Virginia-based credit-card issuer said it’s selling $1.25 billion of its shares to help fund the acquisition of HSBC Plc’s U.S. credit-card portfolio. Morgan Stanley, Barclays Plc, Citigroup Inc. and Credit Suisse Group AG are working on the offering, Capital One said.
Guess? Inc. (GES) (GES US) plunged 11 percent to $32.49. The clothing retailer forecast fiscal 2013 earnings of no more than $2.65 a share, below the average analyst estimate of $3.16 a share, according to a Bloomberg survey.
Level 3 Communications Inc. (LVLT) rose 2.7 percent to $25.60. The broadband-services provider was raised to buy from neutral at Bank of America Corp.
Rue21 Inc. (RUE) : The teen specialty retailer forecast first-quarter earnings of 42 cents a share to 44 cents a share. That compares with the average analyst estimate of 44 cents a share, Bloomberg data show.
Vera Bradley Inc. (VRA) fell 7.1 percent to $34.50. The seller of women’s fashion accessories forecast first-quarter earnings per share of no more than 29 cents, missing the average analyst estimate of 32 cents.
Wave Systems Corp. (WAVX) : The provider of products to help businesses with online commerce and security postponed its 2011 earnings announcement because of accounting errors in the statements of its Safend Ltd. subsidiary, which it acquired on Sept. 22.
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