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  Dr Pepper, Integra Bank, Reliant Energy: U.S. Equity Preview

 

Bloomberg

The following companies may have unusual price changes in U.S. trading tomorrow. Stock symbols are in parentheses, and share prices are as of 6:20 p.m. in New York, unless otherwise specified.

Standard & Poor's 500 Index futures expiring in December lost 95.70, or 7.9 percent, to 1118.80. Dow Jones Industrial Average futures fell 673, or 6 percent, to 10,474. Nasdaq-100 Index futures slipped 162.75, or 9.7 percent, to 1,512.

Covenant Transportation Group Inc. (CVTI:US): The trucking company serving the southeastern U.S. said it secured an $85 million credit facility. The stock fell 16 percent to $2.70 in regular trading.

Dr Pepper Snapple Group Inc. (DPS:US) rose $1.22, or 5 percent, to $25.50. The drinks maker spun off by Cadbury Plc this year will replace Wm. Wrigley Jr. Co. (WWY:US) in the Standard & Poor's 500 Index, S&P said in a statement.

Integra Bank Corp. (IBNK:US): The owner of banks in Indiana and Kentucky said it trimmed its quarterly dividend to 1 cent a share to preserve capital. The stock fell 10 percent to $7.69 in regular trading.

Reliant Energy Inc. (RRI:US): The owner of power plants in nine U.S. states reduced its 2008 outlook because of the impact of Hurricane Ike and lower wholesale prices and said it's taking steps to end its ``credit-enhanced retail structure'' with Merrill Lynch & Co. The stock dropped 17 percent to $10.08 in regular trading.


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