Home Up sto071000
Co-brand
Partnerships
| |
|
THIS MORNING'S STOCKS
WEEK OF 7/03/00-7/07/00 |
7/07/00 |
APPLIED MICROSYSTEMS (APMC,
6.88)- The maker of software development tools warned that it will
post a larger than expected second quarter loss. The company now
sees its loss in the quarter widening to ($0.31)-($0.38) per share from
last year's loss of 31 cents. Analysts were looking for the company
to lose 19 cents. The company attributed the shortfall to weakness
in Asia.
ATS MEDICAL (ATSI, 14.88)- The
maker of heart devices warned that second quarter revenues and earnings
will fall short of expectations due to the weakness of the euro against
the dollar. The company now sees second quarter revenues tumbling to
$2.7 million from last year's $4.72 million. The company now expects
to post a loss of a penny per share, compared to analysts expectations of
a profit of a penny.
DIONEX CORP (DNEX, 30.38)- The
maker of chromatography systems warned that second quarter earnings and
revenues will fall short of expectations. The company now sees
earnings of $0.32-$0.34 per share, compared to analysts estimates of 43
cents. Revenues are expected to slip to $42.5 million in the quarter
from last year's $46.5 million. The company attributed the shortfall
to component shortages, distribution snags, currency effects, and lower
than expected Japanese sales. The shares slid 7.38 to 23 in after
hours trading on the news.
IXYS CORP (SYXI, 57.50)- The
semiconductor maker announced a 2 for 1 stock split.
METRON TECHNOLOGY (MTCH, 13.13)-
The provider of cleanroom services and equipment to chipmakers beat
estimates by two cents as fourth quarter earnings rose to 23 cents per
share from last year's one cent. Revenues jumped 77%, and 39%
sequentially, to $113 million in the quarter. The shares rose 1.37
in after hours trading on the news.
NEON SYSTEMS (NESY, 17.13)- The
maker of eBusiness software products warned that first quarter earnings
will fall short of expectations. The company now sees revenues of
$7.3 million and earnings of $0.01-$0.02 per share in the quarter.
Analysts were looking for the company to earn 13 cents. The company
attributed the shortfall to weak overseas sales.
|
7/06/00 |
|
7/05/00 |
AMR CORP (AMR, 26.13)- The
airline said its June system load factor rose to 79.6% from last year's
73.8%.
COMPUTER ASSOCIATES (CA, 51.13)- The
software maker warned that first quarter earnings will fall short of
expectations due to sluggish mainframe sales and slow European
sales. Analysts were looking for the company to earn 55 cents per
share in the quarter.
COOKER RESTAURANT CORP (CGR, 3)-
The restaurant operator warned that second quarter earnings will fall
short of expectations. The company now sees a loss of
($0.08)-($0.11) per share, compared to analysts' estimates of a profit of
five cents. The company attributed the shortfall to lower than
expected sales growth, higher food costs, and higher legal expenses.
The company said same restaurant sales fell 5.6% in the quarter.
|
7/04/00 |
U.S. MARKET HOLIDAY
|
7/03/00 |
ACS INC (ACS, 33.13)- The provider
of consulting and systems integrations services has agreed to sell its
automated teller machine maintenance business to Genpass Inc in a $180
million deal.
COACHMEN INDUSTRIES (COA, 11.50)-
The maker of motorhomes warned that second quarter earnings will fall
short of expectations due to an industry wide slowdown in motorhome sales.
Analysts were looking for the company to earn 38 cents per share in the
quarter.
DRYPERS CORP (DYPR, 1.56)- The
maker of disposable diapers warned that second quarter earnings will fall
short of expectations. Analysts were looking for the company to
report a loss of three cents per share. The company sees second
quarter sales falling 15% sequentially from the first quarter's levels.
FOURTH SHIFT CORP (FSFT, 3)- The
maker of enterprise resources planning software warned that second quarter
revenues and earnings will fall short of expectations. The company
now sees a loss of ($0.36)-($0.37) and revenues of $15-$16 million.
PINNACLE SYSTEMS INC (PCLE, 22.44)-
The provider of digital video tools has agreed to acquire sports media
management products maker Avid Sports Inc for 950,000 PCLE shares in a $24
million all-stock deal.
ROSLYN BANCORP (RSLN, 16.72)- The
bank holding company will be added to the S&P MidCap 400 Index after
Monday's close.
|
|
DISCLAIMER |
|