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U.S. Equity Preview: $WPI, $VAR, $TQNT, $SKX, $NTGR, $LVS, $HRB, $CROX, $CTXS, $CRUS, $CVX, $CELG, $CDNS, $ELX, $ARRS, $ACOM, $AKAM, & $AET

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Aetna Inc. (AET) fell 9.8 percent to $44.50. The third- largest U.S. health insurer reported first-quarter earnings excluding some items of $1.34 a share, falling short of the average analyst estimate of $1.40.

Akamai Technologies Inc. (AKAM) declined 4 percent to $37.20. The operator of a server network said Chief Executive Officer Paul Sagan will leave by the end of 2013.

Ancestry.com Inc. (ACOM) : The world’s largest online provider of family histories reported first-quarter earnings of 30 cents a share, beating the average analyst estimate of 23 cents.

Arris Group Inc. (ARRS) : The maker of Internet equipment forecast second-quarter revenue of at least $330 million, exceeding the average analyst estimate of $313.6 million.

Cadence Design Systems Inc. (CDNS) : The provider of software for creating computer chips reported first-quarter sales were $315.8 million, topping the average analyst estimate of $309.7 million.

Celgene Corp. (CELG) dropped 3.7 percent to $75. The biopharmaceutical company reported first-quarter earnings excluding some items of $1.08 a share, missing the average analyst estimate of $1.13.

Chevron Corp. (CVX) : The second-largest U.S. energy company boosted its quarterly dividend to 90 cents a share from 81 cents.

Cirrus Logic Inc. (CRUS) : The supplier of parts for Apple’s iPhone and iPad posted fourth-quarter profit of 36 cents a share, beating the 34-cent earnings estimate by analysts on average.

Citrix Systems Inc. (CTXS) surged 9.4 percent to $84.39. The software maker forecast earnings in 2012 will be at least $2.75 a share, topping the average analyst estimate of $2.72.

Crocs Inc. (CROX) fell 7.7 percent to $20.35. The plastic-clogs maker projected second-quarter adjusted earnings of no more than 63 cents a share, falling short of the 65-cent profit estimated by analysts on average.

Emulex Corp. (ELX) : The chipmaker forecast fourth- quarter earnings of at least 21 cents a share, exceeding the average analyst estimate by 1 cent.

H&R Block Inc. (HRB) plunged 16 percent to $14.02. The biggest U.S. tax preparer plans to cut 350 jobs and close about 200 company-owned offices as part of a realignment. The Kansas City, Missouri-based company also forecast sales in 2012 will be about $2.9 billion, missing the average analyst estimate of $3.11 billion.

Las Vegas Sands Corp. (LVS) decreased 1.3 percent to $58. The U.S. casino company posted a first-quarter profit of 70 cents a share, exceeding the average analyst estimate by 10 cents.

Netgear Inc. (NTGR) : The maker of modems and routers posted first-quarter sales of $325.6 million compared with the average analyst estimate of $317.3 million.

Skechers U.S.A. Inc. (SKX) gained 11 percent to $16.51. The maker of Shape-ups toning shoes reported a first-quarter loss of 7 cents a share, narrower than the 27-cent loss predicted by analysts on average.

TriQuint Semiconductor Inc. (TQNT) plunged 12 percent to $4.85. The chipmaker forecast a second-quarter loss of at least 10 cents a share, compared with the 4-cent profit estimated by analysts on average.

Varian Medical Systems Inc. (VAR) : The maker of radiation equipment forecast third-quarter profit of no more than 95 cents a share, missing the average analyst estimate of $1.02.

Watson Pharmaceuticals Inc. (WPI) increased 6.9 percent to $74.50. The Parsippany, New Jersey-based generic-drug maker said it will acquire closely held Actavis Group HF for 4.25 billion euros ($5.62 billion).”

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