Alcoa, Conseco, Jacobs, Las Vegas Sands: U.S. Equity Movers

May 13 (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. Real estate shares declined after foreclosure filings in the U.S. rose to a record for the second consecutive month in April. CB Richard Ellis Group Inc. (CBG US) fell 12 percent to $7. ProLogis (PLD US) slipped 11 percent to $7.28. Apartment Investment & Management Co. (AIV US) retreated 9.7 percent to $7.70. Simon Property Group Inc. (SPG US) lost 6.5 percent to $48.08. Alcoa Inc. (AA US) declined the second-most in the Dow Jones Industrial Average, falling 8.8 percent to $8.63. China, the world’s largest aluminum producer, may have restarted as much as 1.4 million metric tons of capacity in April, according to an analyst at Aluminum Corp. of China Ltd. Alcoa said this week there is still a “significant oversupply” of aluminum in the global market and Chinese smelters aren’t needed. Aluminum producer Century Aluminum Co. (CENX US) also dropped, plunging 20 percent to $5.18. Applied Materials Inc. (AMAT US) dropped 4.3 percent to $10.99, the lowest price since April 8. The top maker of chip- production machinery reported a second straight loss and said it expects to lose money again this quarter as demand shrinks for chips in mobile phones and computers. BankUnited Financial Corp. (BKUNA US) plunged 52 percent, the most since June 1993, to 76 cents. The home lender ordered by regulators to find a buyer said its loss in the period ended March 31 widened more than sixfold from surging defaults on option adjustable-rate mortgages. The shares had more than doubled in regular trading yesterday on speculation that John Kanas, North Fork Bancorp’s former chief executive officer, will mount a takeover. BB&T Corp. (BBT US) fell 4.4 percent to $21.50, the lowest price since April 22. The regional bank in the Southeast U.S. said it will offer 75 million common shares at a price of $20 to repay the government. Other regional banks also declined. Huntington Bancshares Inc. (HBAN US) dropped 15 percent to $4.41. Marshall & Ilsley Corp. (MI US) fell 15 percent to $8.06. Zions Bancorporation (ZION US) declined 9.7 percent to $15.64. BioMed Realty Trust Inc. (BMR US) slumped 9 percent to $10.30, the lowest price since April 27. The San Diego-based real estate investment trust said it plans to sell 14 million shares of common stock. The creation of new shares may dilute the value of those already held by investors. BMC Software Inc. (BMC US) declined 7.5 percent to $32.42 for the biggest drop since Dec. 1. The maker of programs that manage mainframes and computer servers said bookings, a sign of future sales, will slow to “the low single digits” in the year ending in March. That compares with growth of 6 percent last year. China Digital TV Holding Co. (STV US) plummeted 21 percent to $8.34, for the steepest decline since Oct. 28. The country’s largest supplier of smart cards for digital television access forecast sales of $15.5 million at most in the second quarter. That trailed the average estimate of $17.5 million from analysts in a Bloomberg survey. Cliffs Natural Resources Inc. (CLF US) lost 20 percent, the most since March 2, to $23.18. North America’s largest iron-ore producer is slashing its dividend, cutting salaries and selling common stock to generate cash in case metals demand worsens. Dr Pepper Snapple Group Inc. (DPS US) gained 3.8 percent to $22.07, the highest value since Nov. 10. The beverage maker spun off by Cadbury Plc last year forecast 2009 earnings excluding some items of at least $1.70 a share, more than the $1.65 average estimate of analysts surveyed by Bloomberg. GT Solar International Inc. (SOLR US) declined 25 percent, the most since Nov. 19, to $5.41. The supplier of equipment to solar power manufacturers said fiscal fourth-quarter profit fell 59 percent, more than expected, as customers delayed shipments during the economic slowdown. For fiscal 2010, GT Solar forecast earnings of 60 cents a share at most. Analysts had expected profit of 82 cents. Helen of Troy Ltd. (HELE US) climbed 8 percent to $18.42, the highest price since Nov. 4. The maker of Vidal Sassoon and Revlon hair-care products posted an adjusted profit of 36 cents a share in the fiscal fourth quarter, more than double the average analyst estimate, according to Bloomberg data. Jacobs Engineering Group Inc. (JEC US) gained for the first time in three days, adding 1.7 percent to $38.96. The second- largest publicly traded U.S. engineering company was boosted to “buy” from “sell” by Goldman Sachs Group Inc. Kite Realty Group Trust (KRG US) dropped 20 percent to $3.22 for the biggest loss since April 20. The real estate company said it’s offering 25 million shares, raising money to repay debt. Lear Corp. (LEA US) fell 20 percent to $1.40, the lowest price in a week. The world’s second-biggest maker of vehicle seats has a deadline in two days on amended loan terms that may determine whether the company files for bankruptcy, Barclays Plc said in a note. Liz Claiborne Inc. (LIZ US) plunged 26 percent to $4.26 for its steepest drop since Nov. 19. The maker of Kate Spade handbags reported an adjusted first-quarter loss of 37 cents a share, wider than the 22-cent average analyst loss estimate. Las Vegas Sands Corp. (LVS US) fell 16 percent, most since April 7, to 8.65. The casino operator controlled by billionaire Sheldon Adelson plans to cut as many as 4,000 jobs in Macau to cut costs. The company last year stopped work on its $12 billion, 20,000-room complex of hotels and casinos on Macau’s Cotai Strip amid near-frozen credit markets, dwindling revenue and the risk of defaulting on some loans. Macy’s Inc. (M US) slid 6.7 percent to $11.52, the lowest price since April 8. The second-biggest U.S. department-store chain posted a wider loss in the first quarter after marking down merchandise amid shrinking sales. Additionally, American retail sales unexpectedly decreased in April, according to data from the Commerce Department. Medicines Co. (MDCO US) plunged 37 percent to $7.02, the biggest drop since it went public in August 2000. The maker of intravenous heart medicines ended tests of an anticoagulant that showed it no more effective than existing treatment. MGM Mirage (MGM US) slumped 30 percent, the most since at least 1988, to $8.70. The casino company controlled by Kirk Kerkorian plans to sell $2.5 billion in new stock and bonds to pay down near-term obligations as it restructures more than $14 billion in debt to avoid default. National CineMedia Inc. (NCMI US) fell 20 percent, the most in 11 months, to $11.75. The largest seller of movie-screen advertising predicted second-quarter revenue of $87 million at most. That’s short of the average estimate of $91 million in a Bloomberg survey of analysts. Office Depot Inc. (ODP US) dropped the second-most in the Standard & Poor’s 500 Index, sliding 15 percent to $3.06. The second-largest office-supply retailer had its corporate family and probability of default ratings lowered to B2 from B1 by Moody’s Investors Service. Protective Life Corp. (PL US) fell 23 percent to $8.95, the steepest decline since Oct. 9. The insurer that abandoned plans to win federal bailout funds by purchasing a bank said it may sell 12.5 million new shares, diluting existing shareholders. Other insurers also retreated. Genworth Financial Inc. (GNW US) dropped 21 percent to $4.15. Hartford Financial Services Group Inc. (HIG US) slid 13 percent to $12.56. Conseco Inc. (CNO US) plummeted 25 percent to $2.28.