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THIS MORNING'S STOCKS
WEEK OF 2/14/00-2/18/00 |
2/18/00 |
ADVENT SOFTWARE (ADVS,
80)- The enterprise software maker announced a 2 for 1 stock
split. The shares jumped 18.88 in light after hours trading on the
news.
AGILE SOFTWARE (AGIL,
161)- The maker of b-to-b e-supply software beat estimates by 10 cents
as its third quarter loss narrowed to eight cents per share from last
year's loss of 73 cents. Revenues increased 86.5% to $8.56 million
in the quarter. The company also announced a 2 for 1 stock split. The
shares are up 14 in pre-open trading on the news.
BROCADE COMMUNICATIONS (BRCD,
243.63)- The maker of fiber channel networking products beat estimates
by five cents as fiscal first quarter earnings rose to 12 cents per share
from last year's loss of 4 cents. Revenues increased 42%
sequentially from the fourth quarter to $42.7 million. Gross margins
improved to 53% from the fourth quarter's 50.8%. The company also
said it plans to split its stock 2 for 1. The shares are up 27.37 to
271 in pre-open trading.
HARLEY-DAVIDSON (HDI,
66.88)- The motorcycle maker announced a 2 for 1 stock split.
IMMUNEX CORP (IMNX,
194.19)- The biotech announced a 3 for 1 stock split. The shares
are up 18.39 to 212.58 in pre-open trading on the news.
NORDSTROM INC (JWN,
19.68)- The department store operator beat estimates by three cents as
fourth quarter earnings increased 6.4% to 50 cents per share.
Revenues rose 5.9% to $1.5 billion in the quarter, and same store sales
edged up 2.0%.
SAKS INC (SKS,
10.68)- The department store operator warned that fourth quarter
earnings will fall short of analysts' estimates due to lower than expected
revenues and gross margins. The company now sees earnings flat with
last year's at 98 cents per share. Analysts were looking for the
company to earn $1.10 in the quarter. |
2/17/00 |
BELL & HOWELL CO (BHW,
37.19)- The information solutions provider missed estimates by a penny
as fourth quarter earnings rose 11% to 73 cents per share. Revenues
increased 4% to $273 million in the quarter. The company warned that
first quarter earnings could fall short of the 23 cents earned in last
year's first quarter. Analysts were looking for the company to earn
25 cents.
DOUBLECLICK INC (DCLK,
106.50)- The Internet advertising network operator's shares tumbled
9.50 in after hours trading to 97 after the Federal Trade Commission and
New York State launched probes into the company's privacy policies.
IMS HEALTH (RX,
21)- The provider of healthcare information services met expectations
as fourth quarter earnings rose 22% to 28 cents per share. Revenues
rose 14% to $403.7 million in the quarter. Separately, the company
said it will make a $10 million investment in Allscripts Inc (MDRX,
47).
NEXTLINK COMMUNICATIONS (NXLK,
104.68)- The provider of broadband services announced a 2 for 1 stock
split. The shares rose 10.19 in after hours trading on the news.
QUANTUM DLT & STORAGE SYSTEMS (DSS,
9.88)- The maker of tape backup drives said that it will take a fourth
quarter charge of $40-$65 million to cover the costs of a planned
restructuring. The company plans to move its tape drive
manufacturing operations to Malaysia. The move will result in the
elimination of 400 full-time and 500 part-time jobs.
ZEBRA TECHNOLOGIES (ZBRA,
69.63)- The maker of bar code printers beat estimates by a penny as
fourth quarter earnings rose 132.2% to 66 cents per share. Revenues
increased 34% to $107.4 million in the quarter. |
2/16/00 |
ABERCROMBIE & FITCH (ANF,
19.50)- The apparel retailer met expectations as fourth quarter
earnings rose 30.4% to 73 cents per share. Revenues rose 21% to
$367.9 million in the quarter, and same store sales rose 3%.
APPLIED MATERIALS (AMAT,
166.50)- The maker of wafer fabrication products used in semiconductor
manufacturing beat estimates by three cents as fiscal first quarter
earnings rose to 80 cents per share from last year's 12 cents.
Revenues jumped 125% to $1.67 billion in the quarter. The company
said new orders rose 43% sequentially to $2.36 billion, and backlog jumped
41% sequentially to $2.34 billion. Fourth quarter gross margins were
flat with the third quarter's at 50.1%. The company also announced a
2 for 1 stock split. The shares rose 8.18 on Island in after hours
trading following the news.
ASPECT DEVELOPMENT (ASDV,
100)- The maker of B2B e-commerce software announced a 2 for 1 stock
split. The shares, which had tumbled 9.38 during the day, recouped
2.38 of their losses in after hours trading.
BE FREE INC (BFRE,
108.13)- The provider of Internet affiliate program management
services beat fourth quarter estimates by five cents as it reported a loss
of 19 cents per share, excluding special items (including these items, the
company lost 30 cents per share). Revenues rose 100% sequentially to
$2.6 million in the quarter. The company also announced a 2 for 1
stock split. The shares surged 26.88 to 135 in after hours trading
on Island.
CHECKFREE CORP (CKFR,
68.25)- The provider of online bill paying services agreed to acquire
TransPoint in a $1 billion all-stock deal.
JACK IN THE BOX INC (JBX,
20)- The fast food restaurant operator beat estimates by three cents
as first quarter earnings increased 30% to 52 cents per share.
Revenues rose 17% to $477 million in the quarter. Same restaurant
sales rose 5.7% in the quarter.
LYCOS INC (LCOS,
69.06)- The Internet search engine beat estimates by two cents as it
earned three cents per share, excluding one-time items, in its second
quarter. Revenues rose 120%, and 23% sequentially, to $68.6 million
in the quarter. The shares are up 4.63 in European trading on the
news.
NETWORK APPLIANCE (NTAP,
151.56)- The maker of file servers and Internet caching products met
expectations as third quarter earnings rose 111% to 11 cents per
share. Revenues doubled from the prior year's third quarter to
$151.3 million. The company also announced a 2 for 1 stock
split. The shares rose 4.38 in after hours trading on the news.
WHOLE FOODS MARKET (WFMI,
41.25)- The natural foods retailer met expectations as it earned 44
cents per share in its fiscal first quarter. Excluding a loss of
four cents incurred by its Internet unit, the company earned 48 cents in
the quarter. Revenues rose 21% to $553 million in the quarter.
Same store sales rose 9.7%. |
2/15/00 |
DBT ONLINE INC (DBT,
17.81)- The provider of electronic information services missed
estimates by five cents as it reported a fourth quarter loss of a penny
per share. Revenues rose 32% to $21.8 million in the quarter.
The company attributed the earnings shortfall to added costs associated
with assimilating recent acquisitions. Separately, the company said
it has agreed to be acquired by ChoicePoint Inc (CPS,
40.25) for approximately $425 million in an all stock deal.
Under the terms of the deal, DBT shareholders will receive 0.525 shares of
CPS for each share held (valuing each DBT share at $21.12 based on
Monday's closing prices).
GILLETTE CO (G,
36.75)- The consumer products company has hired an investment bank to
explore strategic alternatives for its underperforming stationary unit,
including the possible sale of the business.
GOTO.COM INC (GOTO,
92)- The Internet search service beat estimates by 24 cents as it
reported a fourth quarter loss of 17 cents per share, compared to the
prior year's loss of 24 cents. Revenues increased 58% sequentially
to $13.3 million in the quarter. The company also announced plans to
open a UK branch. The shares rose four points in after hours trading
on the news.
GUESS? INC (GES,
27.75)- The apparel maker and retailer beat estimates by 14 cents as
fourth quarter earnings rose 340% to 44 cents per share. Revenues
jumped 47% to $195.5 million in the quarter. The company said same
store sales rose 27.7% in the quarter.
MACROVISION CORP (MVSN,
106.63)- The maker of security products for the home video and cable
industries beat estimates by six cents as fourth quarter earnings rose 83%
to 22 cents per share. Revenues increased 76% to $12.8 million in
the quarter. Separately, the company announced a 2 for 1 stock
split. The shares rose 7.38 to 114 in after hours trading on the
news. |
2/14/00 |
CASTLE ENERGY CORP (CECX,
6.34)- The oil and gas well operator said its fiscal first quarter
loss narrowed to four cents per share from last year's loss of 28 cents.
FOUNTAIN POWERBOAT INDUSTRIES (FPWR,
3.53)- The powerboat maker said fourth quarter earnings rose to eight
cents per share from last year's loss of 25 cents. Revenues in the
quarter increased 16.1% to $15.4 million.
HEMAGEN DIAGNOSTICS (HMGN,
1.81)- The maker of diagnostic test kits reported a fiscal first
quarter loss of nine cents per share, compared to last year's profit of
five cents. Revenues in the quarter fell to $2.68 million from last
year's $4.68 million.
IMTEC INC (IMTC,
11.25)- The maker of bar code labeling systems has agreed to be
acquired by Brady Corp (BRC,
26.81) for $12 per share in a $21 million deal.
IWERKS ENTERTAINMENT (IWRKD,
2.13)- The maker of ride simulation products and special effects
theater systems said its second quarter loss widened to 55 cents per share
from last year's loss of 23 cents. Revenues increased 5.8% to $9.16
million in the quarter.
POMEROY COMPUTER RESOURCES (PMRY,
16.75)- The network integrator beat estimates by three cents as fourth
quarter earnings rose 38.7% to 64 cents per share. Revenues
increased 22% to $208.9 million in the quarter.
VERSAR INC (VSR,
2.81)- The provider of environmental consulting services said second
quarter earnings fell 60% to four cents per share. Revenues declined
11% to $13.76 million in the quarter.
VIACOM INC (VIA,
61.38)- The company filed to offer shares of its Internet unit MTVi
Group in a $100 million initial public offering.
WR BERKLEY CORP (BKLY,
15.31)- The property casualty insurer warned that it will report a
full year 1999 loss of 91 cents per share. Analysts were looking for
a profit of 64 cents. The company attributed the shortfall to a $55
million increase in its loss reserves. The company said it expects
to meet analysts' estimates for 2000. |
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