Citrix, Expedia, Ford Motor, Pep Boys, Temple-Inland: U.S. Equity Preview

Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parentheses, and prices are as of 7:43 a.m. in New York.

Citrix Systems Inc. (CTXS) fell 2 percent to $80.51. The software maker was downgraded to “underweight” from “neutral” at JPMorgan Chase & Co, which said the stock is expensive. The share-price estimate is $65.

Expedia Inc. (EXPE) rose 2.9 percent to $27.70. Citigroup Inc. raised its share-price estimate for the online travel site to $33 from $29, citing positive industry trends that should benefit margins.

Ford Motor Co. (F) added 1.2 percent to $14.07. The automaker said global sales will rise 50 percent by 2015 to 8 million annually, driven by expansion in Asia and growing demand for small cars.

G-III Apparel Group Ltd. (GIII) : The clothing manufacturer which has licenses with Kenneth Cole Productions Inc. (KCP US) and the Timberland Co. (TBL US) estimated second- quarter profit of as little as 18 cents a share. The average of analyst projections in a Bloomberg survey is 22 cents a share.

Mitcham Industries Inc. (MIND) : The seller of seismic- data equipment reported first-quarter revenue of $26.5 million, beating the average analyst estimate by 23 percent, according to Bloomberg data.

Pep Boys - Manny, Moe & Jack (PBY US): The Philadelphia- based auto-parts retailer reported first-quarter earnings of 23 cents a share, missing the 30-cent average of analyst estimates in a Bloomberg survey.

Talbots Inc. (TLB) : The women’s clothing retailer reported first-quarter sales of $301.3 million, trailing the average analyst estimate of $305.6 million, as comparable-store sales fell 7.7 percent. The company said it plans to close 110 stores and predicted second-quarter sales and profit margin that will be lower than the previous year.

Temple-Inland Inc. (TIN) soared 44 percent to $30.30. International Paper Co. (IP) , the world’s largest pulp-and- paper maker, made a $3.31 billion hostile takeover bid for the company to expand production of containerboard used in shipping boxes. Temple-Inland, based in Austin,Texas, rejected the bid. www.bloomberg.com

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