News Summary (TLB, LEN, AMR)

Shares of Talbots Inc TLB dipped about 18% after the company projects to report a Q4 adjusted loss of $0.15 to $0.19 per share. However, analysts were expecting the company to report a loss of $0.02 per share. Talbots lowered its 2011 adjusted profit forecast to a range of $0.56 to $0.60 per share, from its previous projections of $0.70 to $0.78 per share. Shares of Lennar Corp LEN rose about 8% after the company reported better-than-expected quarterly results. LEN reported its FQ4 net profit at $0.17 per share, down from $0.19 per share, in the year-ago period. The company's revenue dropped 6% y/y to $860.1 million. However, analysts were expecting earnings of $0.06 per share on revenue of $815.75 million. Shares of American Airlines parent company AMR Corp AMR fell about 2.5% after analysts at UBS downgraded the stock from “buy” to “neutral.” However, UBS maintained its price target of $10 for the stock. AMR shares have gained 9.19% over the past 52 weeks, while the S&P 500 index has risen 10.70% in the same period. Read more from Benzinga's Markets.