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THIS MORNING'S STOCKS
WEEK OF 7/31/00-8/4/00 |
8/4/00 |
CLEARNET COMMUNICATIONS (CLNT,
28.13)- The Canadian wireless operator said its second quarter loss
narrowed to C$2.80 per share from last year's loss of C$2.86.
Revenues in the quarter increased 64% to C$131 million.
EMULEX CORP (EMLX, 47.56)- The
maker of fiber channel adapters beat estimates by four cents as fourth
quarter earnings rose 150% to 25 cents per share. Revenues in the
quarter jumped 99% to $40.8 million. The shares jumped 11.94 in
after hours trading on the news.
FRONTIER AIRLINES (FRNT, 18)- The
airline beat estimates by 20 cents as first quarter earnings rose 112.8%
to 85 cents per share. Revenues in the quarter jumped 44.8% to
$112.8 million. The company said its load factor increased to 65.5%
from 62.0% in last year's first quarter. The shares rose 1.50 in
after hours trading on the news.
MASCO CORP (MAS, 20)- The maker
of faucets and home improvement products met expectations as second
quarter earnings rose 5.1% to 41 cents per share. Revenues rose 19%
to $1.87 million. The company said its second quarter results were
hurt by product launch costs and slowing consumer demand.
THE KNOT INC (KNOT, 2.50)- The
Internet wedding content provider beat estimates by a penny as its first
quarter loss narrowed to 26 cents per share from last year's loss of 56
cents. Revenues in the quarter increased to $6.9 million from last
year's $2.9 million. The company said its average monthly page views
rose 248% to 22 million. The company's cash and cash equivalents
position on June 30th fell to $22.6 million from $40 million on December
31st.
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8/3/00 |
ACTIVISION (ATVI, 8.88)- The game maker
beat estimates by eight cents as its first quarter loss widened
to 21 cents per share from last year's loss of 19 cents. First
quarter revenues inched up to $84.5 million from last year's $84.1
million. The company also said it expects to beat analysts' second
quarter and full year results. The company sees earnings of 10 cents
per share in the second quarter and 56 cents for the full year, compared
to analysts' estimates of five cents and 51 cents.
BALDWIN PIANO & ORGAN (BPOA, 6)-
The piano maker said its second quarter loss narrowed to 46 cents per
share from last year's loss of 61 cents. Revenues increased 18% to
$33.8 million in the quarter.
DILLARDS INC (DDS, 14)- The
department store operator said July total sales fell 4% to $533.8
million. The company said July same store sales fell 5%.
GAP INC (GPS, 32.13)- The
retailer said July sales rose 22% to $851 million, but same store sales
fell 1%. The company warned that second quarter earnings will fall
in the range of $0.20-$0.21, below the consensus analyst estimate of
$0.23.
HILTON HOTELS CORP (HLT, 10)- The
hotel operator beat estimates by two cents as second quarter earnings rose
9.5% to 23 cents per share. Revenues increased 11% to $916 million
in the quarter.
KEY PRODUCTION CO (KP, 15)- The
oil and gas exploration company beat estimates by seven cents as second
quarter earnings jumped to 43 cents per share from last year's six
cents. Revenues in the quarter increased 82.4% to $21.7 million.
KOHLS CORP (KSS, 60)- The
retailer said July same store sales rose 6.7%. Total sales rose 32.6% to
$355.9 million in July.
PACIFIC SUNWEAR OF CALIFORNIA (PSUN,
15)- The retailer said July total sales rose 29.2% to $43.4
million. July same store sales fell 4.4%. The company said it
still expects to meet analysts' second quarter earnings estimates of 23
cents per share.
PEAPOD INC (PPOD, 2.38)- The
online grocer missed estimates by 19 cents as its second quarter loss
widened to 58 cents per share from last year's loss of 28 cents.
Revenues rose 34% to $22.7 million in the quarter.
POLYCOM INC (PLCM, 90,88)- The
maker of broadband communications equipment announced a 2 for 1 stock
split.
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8/2/00 |
AXYS PHARMACEUTICALS (AXYS, 5.94)- The
drug development company missed estimates by three cents as its second
quarter loss narrowed to 30 cents per share from last year's loss of 47
cents.
GLOBAL CROSSING LTD (GBLX, 25.31)- The
telecom beat estimates by a penny as its second quarter loss widened to 62
cents per share from the first quarter's loss of 44 cents. Revenues
in the quarter slipped 1.5% sequentially to $918.4 million. The
shares slipped 0.25 in after hours trading on the news.
JACK IN THE BOX INC (JBX, 22.43)-
The fast food restaurant operator beat estimates by two cents as third
quarter earnings rose 20.5% to 53 cents per share. Third quarter
revenues rose 14% to $390 million, and same restaurant sales increased
2.6%.
SAPIENT CORP (SAPE, 103.88)- The
provider of Internet e-business consulting services beat estimates by two
cents as second quarter earnings rose 69.2% to 22 cents per share.
Revenues in the quarter increased 96%, and 25% sequentially, to $125.8
million. The company also announced a 2 for 1 stock split.
VITRAN CORP (VTN, 15.68)- The
Canadian trucking and logistics company said its second quarter earnings
slipped to C$0.35 per share from last year's C$0.36. Revenues in the
quarter increased 8% to C$130.3 million.
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8/1/00 |
BARNES & NOBLE.COM (BNBN, 5.13)- The
online bookseller missed estimates by nine cents as its second quarter
loss widened to 27 cents per share from last year's loss of 17
cents. Revenues increased 77% to $67.4 million in the quarter.
CHECKPOINT SYSTEMS (CKP, 8.81)-
The maker of labeling systems missed estimates by three cents as it
reported flat second quarter earnings of 14 cents per share.
Revenues in the quarter rose to $166.9 million from last year's $87.3
million. The company's gross profit margin rose to 41.7% from last
year's 40.9%.
EXPEDIA INC (EXPE, 17.13)- The
online travel service beat estimates by 17 cents as its fourth quarter
loss narrowed to 30 cents per share from last year's loss of 40
cents. Revenues in the quarter increased 164%, and 19% sequentially,
to $70 million.
NETEGRITY INC (NETE, 79)- The
maker of e-commerce infrastructure software announced a 3 for 2 stock
split.
PICTURETEL CORP (PCTL, 4.03)- The
maker of video conferencing systems said its second quarter loss widened
to 93 cents per share from last year's loss of 79 cents. Revenues in
the quarter tumbled to $61.24 million from last year's $85.96 million.
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7/31/00 |
CASTLE & COOKE INC (CCS, 19)- The
real estate developer and resort operator met expectations as its second
quarter earnings fell to 16 cents per share from last year's 23
cents. Revenues in the quarter slipped 3.1% to $79.4 million.
CBRL GROUP INC (CBRL, 12)- The
restaurant operator received a favorable mention in this weekend's
Barron's, with a 12-month price target of $20.
FEDERATED DEPARTMENT STORES (FD,
24.50)- The department store operators shares were called undervalued
in this weekend's Barron's. A money manager believes the shares are
worth $50.
FNB CORP (FNBN, 10)- The bank
holding company missed estimates by six cents as it reported flat second
quarter earnings of 27 cents per share. The company attributed the
shortfall to a $835,000 provision for loan losses, and merger related
costs.
INFINIUM SOFTWARE (INFM, 3.03)-
The provider of Internet ASP services beat estimates by fur cents as it
reported a third quarter loss of 64 cents per share, compared to last
year's profit of five cents. Third quarter revenues fell to $21.8
million from last year's $27.8 million. The company said software
license fees fell 21.5%, but rose 13% sequentially, to $5.1 million.
LIQUI-BOX CORP (LIQB, 45.94)- The
maker of packaging and containers said its second quarter earnings fell
15% to $1.06 per share. Revenues in the quarter slipped to $43.18
million from last year's $44.14 million. The company attributed the
shortfall to higher raw materials costs.
TIMBERLAND BANCORP (TSBK)- The
Washington bank raised its quarterly dividend 11.1% to a quarterly rate of
10 cents per share.
TRUMP HOTELS & CASINO RESORTS (DJT,
2.94)- The casino operator said its second quarter loss widened to 51
cents per share from last year's loss of 29 cents. Revenues slumped
6% to $339.7 million in the quarter.
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