U.S. Equity Market Outlook (CASY, CMA, HRB, TXN, UAUA)

According to Bloomberg, the shares of the following companies may see some unusual movements in trading today.

Casey’s General Stores, Inc. (NASDAQ: CASY), which owns convenience stores in the Midwest, reported EPS of $0.34, excluding items, for the third-quarter, missing the average analyst EPS estimate in a Bloomberg survey by 18%.

Comerica Incorporated (NYSE: CMA) said on Monday that it started a public offering of $800 million of its common stock. The Dallas, Texas based bank also said on Monday that it plans to notify the U.S. Treasury about its intention to redeem all 2.25 million shares of its Series F, Fixed Rate Cumulative Perpetual Preferred Stock, issued under the Capital Purchase Program.

H&R Block, Inc. (NYSE: HRB), which is the biggest tax preparer in the U.S., reported a decline of 6.8% in same-office tax returns prepared in retail operations for FY10 tax season through February 28, compared to the same period last year.

Texas Instruments Incorporated (NYSE: TXN), the chipmaker, said on Monday that it expects profits, and sales to be at high end of its forecasts. The company said that the profits and sales have been boosted by increasing demand for phone systems, and industrial machinery.

UAL Corporation (NASDAQ: UAUA), the parent company of United Airlines, said on Monday that revenue for each passenger flown a mile increased by 17%-19% in February. The company said that the weather-related cancellations that affected the country’s East Coast have reduced revenue by about $40 million.