Home Up sto040201
Co-brand
Partnerships
| |
|
THIS MORNING'S STOCKS
WEEK OF 3/26/01-3/30/01 |
3/30/01 |
ARAMEX
INTERNATIONAL (ARMX, 11.38)- The provider of package delivery and
freight forwarding services missed estimates by a penny as its full year
earnings rose 15% to $1.00 per share. Full year revenues increased
12% to $106.5 million.
BLUE MARTINI SOFTWARE INC (BLUE,
2.56)- The maker of e-CRM software warned that its first quarter
results will fall short of expectations. The company now sees
revenues of $19-$21 million and expects to post a loss of ($0.22)-($0.25)
per share. Analysts were looking for a loss of nine cents and
revenues of $28 million. The company also said it will cut 80 jobs,
or 14% of its workforce.
C-COR.NET CORP (CCBL, 8)- The
maker of broadband products warned that its third and fourth quarter
results will fall short of expectations due to continued economic weakness
and telecom industry capital spending cuts. The company now sees
losses of ($0.14)-($0.16) in both the third and fourth quarters.
Analysts were looking for a third quarter loss of a penny and a fourth
quarter profit of three cents.
GADZOOX NETWORKS (ZOOX, 1.56)- The
maker of networking products warned that its fourth quarter revenues will
fall short of expectations due to continued economic weakness. The
company now sees revenues of $6-$6.5 million, compared to previous
forecasts of $9 million. The company also said it will reduce its
workforce by 10% in a cost cutting move.
RYDER SYSTEM INC (R, 18.60)- The
provider of logistics and vehicle leasing services warned that its first
quarter earnings will fall short of expectations. The company now
sees earnings of $0.13-$0.17 per share, compared to analysts' estimates of
20 cents. The company attributed the lowered forecast to weak
economic conditions in the U.S., Brazil, and Argentina.
SMTC CORPORATION (SMTX, 5)- The
provider of outsourced electronics manufacturing services warned that its
first quarter results will fall short of expectations. The company
now sees revenues of $200 million and expects to post a loss of
($0.08)-($0.10) per share. Analysts were looking for a profit of
seven cents.
|
3/29/01 |
AH BELO CORP (BLC,
17.69)- The newspaper publisher and TV broadcaster warned that its
quarter results will fall short of expectations due to continued economic
weakness. The company now sees earnings near breakeven, compared to
analysts' estimates of a profit of five cents. The company said its
broadcast revenues fell 8.2% in February, and publishing revenues declined
4.3%.
CRONOS GROUP (CRNS, 4)- The
container fleet operator said its full year 2000 earnings rose to 57 cents
per share from last year's 21 cents. Full year revenues increased
4.1% to $137.6 million.
FINISH LINE INC (FINL, 6.31)- The
athletic apparel retailer beat estimates by three cents as its fourth
quarter earnings rose 23.1% to 32 cents per share, excluding
charges. Revenues in the quarter increased 15% to $192 million.
TECH DATA CORP (TECD, 26.31)- The
computer products distributor beat estimates by six cents as its fourth
quarter earnings rose 37.3% to 92 cents per share. Revenues in the
quarter increased 11.2% to $5.3 billion. The company warned that it
sees first quarter revenues of $4.6-$4.8 billion, and earnings of
$0.45-$0.53 per share. Analysts were looking for the company to earn
74 cents.
WD-40 CO (WDFC, 22.39)- The maker
of multi-purpose lubricants missed estimates by five cents as its second
quarter earnings fell to 35 cents per share from last year's 43
cents. Revenues in the quarter declined 3.1% to $41.3 million.
|
3/28/01 |
FISERV
INC (FISV, 48.88)- The company will join the S&P 500 Index after
the close of trading on Friday.
LUCENT TECHNOLOGIES (LU, 11.70)- The
telecom equipment maker lowered the expected offering price for its Agere
Systems spinoff to $6-$7 per share from the original $15-$20. The
IPO is now expected to raise $3.9 billion, compared to previous estimates
of $6.5 billion.
SCHNITZER STEEL INDUSTRIES (SCHN, 13)-
The maker of finished steel products reported flat second quarter earnings
of 22 cents per share. Revenues in the quarter rose to $78.5 million
from last year's $75.8 million.
THE SPORTS AUTHORITY (TSA, 3.15)-
The sporting goods retailer beat estimates by a penny as its fourth
quarter earnings rose to 38 cents per share from last year's loss of six
cents. Revenues in the quarter slipped 0.8% to $420.3 million, and
same store sales were flat.
|
3/27/01 |
AVTEAM INC (AVTM, 1)- The
maker of aftermarket engines and aircraft components filed for Chapter 11
bankruptcy protection.
CONCORD EFS INC (CEFT, 44.75)- The
provider of electronic transaction processing services will join the
S&P 500 Index after Friday's close. The shares rose 2 in after
hours trading on the news.
KOMAG INC (KMAG, 0.66)- The maker
of thin-film disks warned that it will report a wider than expected first
quarter loss of $0.40-$0.44 per share. Analysts were looking for the
company to lose 21 cents.
MDU RESOURCES (MDU, 31.85)- The
natural gas company will join the S&P MidCap 400 Index after today's
close.
OXFORD INDUSTRIES (OXM, 18.60)-
The apparel maker said its third quarter earnings fell 11.7% to 53 cents
per share. Revenues in the quarter rose 5.3% to $197.4
million. The apparel maker warned that it sees fourth quarter
revenues falling 10%-15% from last year's levels.
VITESSE SEMICONDUCTOR (VTSS, 33.31)-
The chipmaker warned that its second quarter earnings will fall short of
expectations due to slower demand and order cancellations. The
company revised its revenue forecast down to $120-$125 million from its
previous guidance of $150-$160 million, and said it sees earnings of
$0.10-$0.11 per share. Analysts were looking for the company to earn
21 cents. The shares fell 1.68 in after hours trading on the news.
|
3/26/01 |
CASCADE CORP (CAE, 12.66)- The
maker of lift truck attachments said its fourth quarter loss narrowed to
11 cents per share from last year's loss of 44 cents. Revenues in
the quarter slipped 0.7% to $76.6 million, but gross margins rose to 34.6%
from last year's 33.1%.
CSFBDIRECT INC (DIR, 2.50)- The
online broker's parent company Credit Suisse First Boston (USA) Inc. will
buy the remaining 18% of the company's publicly traded shares for $4 per
share in cash.
STEELCASE INC (SCS, 12.80)- The
maker of office furniture missed estimates by a penny as its fourth
quarter earnings fell to 27 cents per share from last year's 33
cents. Revenues in the quarter rose 2.5% to $942.4 million.
The company warned that its fiscal 2002 results will be impacted by the
current economic slowdown. The company sees revenues declining 5%,
and expects full year earnings of $1.00-$1.15 per share. Analysts
were looking for the company to earn $1.44
|
|
DISCLAIMER |
|