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Hertz, JDS Uniphase, Regions, Virage, Zions: US Equity Movers BusinessWeek

06.04.10

By Jeff Kearns

April 6 (Bloomberg) -- Shares of the following companies had unusual moves in U.S. trading. Stock symbols are in parentheses and prices are as of 4 p.m. in New York unless noted otherwise.

Regional banks advanced after Credit Suisse Group AG increased its price estimate for Regions Financial Corp. (RF US) to $8 from $7 and said SunTrust Banks Inc. (STI US) may be a takeover target by overseas financial companies.

Regions rose 4.4 percent to $8.55. SunTrust gained 3.5 percent to $28.71. Zions Bancorporation (ZION US) climbed 4.6 percent to $24.27. Huntington Bancshares Inc. (HBAN US) added 4.7 percent to $5.85. Marshall & Ilsley Corp. (MI US) increased 5.9 percent, the most in the Standard & Poor’s 500 Index, to $8.81.

AutoNation Inc. (AN US) gained 3.4 percent to $18.65, the biggest increase since March 23. The largest U.S. new-car dealer said first-quarter profit from continuing operations was as much as 35 cents a share, higher than its previous projection of 32 cents at most.

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Suntrust Car Loans - News

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