Bloomberg News

BP, Coca-Cola, Lockheed Martin, Morningstar: U.S. Equity Preview

December 10, 2011

Dec. 9 (Bloomberg) -- Shares of the following companies may have unusual moves in U.S. trading on Dec. 12. Stock symbols are in parentheses.

BP Plc (BP US): The U.K. company won’t face oil-spill claims by Mexican states and Alabama cities, a judge ruled. The judge also ruled out Louisiana state wildlife claims, while allowing some local government spill-damage and tax-loss claims after the biggest oil spill in U.S. history.

Coca-Cola Co. (KO US): The world’s largest soft drink maker will boost its U.S. investment next year to more than the $3 billion it spent in 2011, Chief Executive Officer Muhtar Kent said in a Bloomberg Television interview.

Lockheed Martin Corp. (LMT US): The world’s largest defense company received a $4 billion order from the U.S. Defense Department for 30 F-35 Joint Strike Fighter jets, the Pentagon said in a contract announcement.

Morningstar Inc. (MORN US): The company best known for its five-star mutual-fund ratings increased its quarterly dividend to 10 cents a share from 5 cents and said it may buy back as much as an additional $200 million in stock. The company has bought back $44.1 million under an existing $100 million repurchase plan.

--Editor: Stephen Kleege

To contact the reporter on this story: Nikolaj Gammeltoft in New York at ngammeltoft@bloomberg.net

To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net.


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