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THIS MORNING'S STOCKS
WEEK OF 1/15/01-1/19/01 |
1/19/01 |
CMGI INC (CMGI, 6.84)- The
Internet venture company warned that it no longer expects to meet its full
year consolidated revenues target of $1.65 million, and sees fourth
quarter gross margins below the previously forecast 30%. The shares
fell 1.09 in after hours trading on the news.
CRITICAL PATH INC (CPTH, 20)- The
provider of outsourced Internet e-mail services missed estimates by 17
cents as its fourth quarter loss narrowed to 16 cents per share from last
year's loss of 26 cents. Revenues in the quarter rose 534%, and 16%
sequentially, to $52 million. The company warned that it sees a
first quarter loss of ($0.15)-($0.16) per share. Analysts were
looking for a profit of three cents. The shares tumbled 43.8% in
after hours trading to 11.25 on the news.
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1/18/01 |
ANALOG
DEVICES (ADI, 57.63)- The maker of integrated circuits warned that
first quarter and full year 2001 earnings will fall short of expectations
due to slowing new orders and higher order cancellations. The
company now sees first quarter revenues of $775 million and earnings of 50
cents per share. Analysts were looking for the company to earn 58
cents. The company sees full year earnings of $2.00, compared to
analysts expectations of $2.50. The shares are down 5.38 in pre-open
trading on the news.
FORD MOTOR CO (F, 26.88)- The
automaker met expectations as its first quarter earnings fell 22.9% to 64
cents per share. Revenues in the quarter declined 3% to $42.6
billion. The company attributed the earnings drop to weak industry
conditions.
JOHNSON CONTROLS (JCI, 58.31)-
The maker of automotive products and building control systems beat
estimates by eight cents as its fiscal first quarter earnings rose 3.8% to
$1.10 per share. Revenues in the quarter increased 3.2% to $4.5
billion.
UNISYS CORP (UIS, 16.68)- The
computer maker met expectations as its fourth quarter earnings fell 10.9%
to 41 cents per share. Revenues in the quarter slipped 1.6% to $1.93
billion. The company attributed the earnings decline to slower
economic conditions. The company also warned that first quarter
earnings will fall short of expectations. The company now sees
earnings of $0.20-$0.25 per share, compared to analysts' estimates of 28
cents.
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1/17/01 |
AMERICA WEST HOLDINGS
(AWA, 13.06)- The airline missed estimates by 51 cents as it reported
a fourth quarter loss of 95 cents per share, excluding charges, compared
to last year's profit of 52 cents, excluding gains. Revenues in the
quarter inched up 0.7% to $573 million. The company attributed the
shortfall to higher jet fuel prices and bad weather.
ETHAN ALLEN INTERIORS (ETH, 35.88)-
The home furnishings maker and retailer beat estimates by a penny as its
second quarter earnings slipped a penny to 58 cents per share.
Revenues in the quarter rose 7% to $232.7 million, and same store sales
increased 6.3%. The company warned that it expects third quarter
earnings to be flat with the prior year's 57 cents. Analysts were
looking for the company to earn 60 cents.
GENERAL ELECTRIC (GE, 47.38)- The
conglomerate met expectations as its fourth quarter earnings rose 13.9% to
36 cents per share. Revenues in the quarter increased 6.5% to $35
billion.
TYCO INTERNATIONAL (TYC, 59.63)-
The conglomerate beat estimates by a penny as its fiscal first quarter
earnings rose 23.9% to 57 cents per share. Revenues in the quarter
increased 20.8% to $8 billion.
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1/16/01 |
ACCLAIM ENTERTAINMENT (AKLM,
1.06)- The maker of video games software beat estimates by 17 cents as
its fiscal first quarter earnings rose to 18 cents per share from last
year's one cent. Revenues in the quarter fell 28.9% to $72 million.
ANN TAYLOR STORES (ANN, 29.31)-
The women's apparel retailer said its President and CFO Patricia DeRosa
has resigned for unspecified reasons. The company is seeking a
replacement.
CLICK2LEARN.COM INC (CLKS, 9.50)-
The maker of e-learning products warned that fourth quarter results will
fall short of expectations. The company now sees revenues of $11.2
million and exports to report a loss of ($0.25)-(0.27) per share.
Analysts were looking for a loss of 19 cents. The company also
lowered its revenue growth rate forecast for 2001 to 17%.
DELTA WOODSIDE INDUSTRIES (DLW,
1.09)- The textiles maker reported a second quarter profit of three
cents per share, compared to last year's loss of 10 cents per share.
Revenues in the quarter rose 3% to $59.7 million, but the company's order
backlog fell 16% to $55.8 million.
ROLLINS TRUCK LEASING (RLC, 8.43)-
The provider of truck leasing services has agreed to be acquired by Penske
Truck Leasing Co LP for $13 per share in an all-cash $754 million deal.
SUNGLASS HUT INTERNATIONAL (RAYS,
6.06)- The sunglasses retailer said its President and CEO John X.
Watson has resigned to pursue other interests.
XIRCOM INC (XIRC, 18.06)- The
maker of mobile computing products missed estimates by 12 cents as its
fiscal first quarter earnings slumped to a penny from last year's 55
cents. Revenues in the quarter fell 3.2% to $120.1 million.
Separately, the company has agreed to be acquired by Intel Corp (INTC,
32.13) for $25 per share in an all-cash deal valued at $748 million.
XIRC
INTC |
1/08/01 |
MARKET HOLIDAY |
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