Shares of the following companies may have unusual moves in U.S. trading Jan. 3. Stock symbols are in parentheses, and prices are as of 4:45 p.m. in New York.
Standard & Poor’s 500 Index futures expiring in March fell 0.1 percent to 1,253.
Dollar Financial Corp. (DLLR US): The check-cashing chain said a subsidiary agreed to buy Purpose U.K. Holdings Ltd. for about $195 million. The purchase will “immediately” add to earnings and Dollar Financial plans to update its 2011 forecast to include the acquired business, the company said in a statement.
Torchmark Corp. (TMK US) rose 0.5 percent to $60.06. The seller of annuities and health insurance said it closed the sale of a subsidiary for a total of about $648 million. The sale will add at least $250 million in free cash flow to the parent company, Torchmark said in a statement.
To contact the reporter on this story: Whitney Kisling in New York at wkisling@bloomberg.net.
To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net.
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