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THIS MORNING'S STOCKS
WEEK OF 11/06/00-11/10/00 |
11/10/00 |
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11/09/00 |
24/7
MEDIA INC (TFSM, 4.64)- The Internet ad agency missed estimates by 12
cents as its third quarter loss rose to 59 cents per share from last
year's loss of 35 cents. Revenues in the quarter jumped 98% to $48.1
million, and gross margins improved to 35% from last year's 27%. The
company attributed its poor performance to slowing Internet advertising
growth. The company said it plans to cut 200 jobs and sees the move
saving it $20 million annually. The company warned that the current
slowdown in Internet advertising may continue into the second quarter of
2001, and said it now sees a fourth quarter loss of ($0.39)-($0.44).
The shares have tumbled 1.64 to 3 in pre-open trading on the news.
DIGITAL ISLAND INC (ISLD, 11.13)- The
provider of Internet infrastructure services beat estimates by nine cents
as its fourth quarter loss jumped to $1.60 per share ($113 million) from
last year's loss of 62 cents. Revenues in the quarter rose to $24.1
million from last year's $4.9 million. The company warned that it
sees a fiscal first quarter loss of ($1.80)-($1.85) per share, and a full
year fiscal 2001 loss of ($7.60)-($7.70), compared to analysts' estimates
of losses of $1.77 and $7.16. The company said it expects to
breakeven by December 2002.
INNODATA CORP (INOD, 13)- The
provider of Internet content outsourcing services said its third quarter
earnings rose 151% to 25 cents per share. Revenues in the quarter
increased 84% to $13.04 million. The company also announced a 2 for
1 stock split.
INTERNET CAPITAL GROUP (ICGE, 16.25)-
The Internet venture firm said its third quarter loss skyrocketed to
94 cents per share ($263.9 million) from last year's loss of seven cents
($15.3 million). Revenues in the quarter rose to $16.47 million from
last year's $7.19 million. The company said it will cut its
workforce by 35%. The shares are down 5.81 to 10.44 in pre-open
trading on the news.
LORAL SPACE & COMMUNICATIONS (LOR,
6)- The satellite maker beat estimates by 12 cents as it reported a
third quarter loss of 44 cents per share, excluding a one-time tax gain,
compared to last year's loss of eight cents. Revenues in the quarter
fell 18.7% to $292.5 million. The company said its backlog rose 47%
to $2.9 billion, and third quarter bookings rose 33% to $719 million.
PIXAR ANIMATION STUDIOS (PIXR, 31.31)-
The animation studio beat estimates by 11 cents as its third quarter
earnings fell to 18 cents per share from last year's 63 cents.
Revenues in the quarter tumbled to $17.3 million from last year's $79.2
million. The company raised its full year earnings target to $1.45
per share. Analysts were looking for the company to earn $1.38.
SAFEGUARD SCIENTIFICS INC (SFE, 18.50)-
The technology incubator reported a third quarter loss of 22 cents per
share, compared to last year's profit of nine cents. Revenues in the
quarter fell to $730.4 million from last year's $900.7 million. The
shares are down 1.50 in pre-open trading on the news.
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11/08/00 |
CATAPULT COMMUNICATIONS (CATT,
16.63)- The maker of software testing systems beat estimates by four
cents as its fourth quarter earnings slipped to 16 cents per share from
last year's 17 cents. Revenues in the quarter rose 8.2% to $7.9
million
J&J SNACK FOODS CORP (JJSF, 14)-
The maker of pretzels and frozen beverages missed estimates by nine cents
as its fourth quarter earnings fell to 41 cents per share from last year's
72 cents. Revenues in the quarter rose 17% to $97.34 million.
NETCREATIONS INC (NTCR, 8)- The
provider of opt-in e-mail marketing services met expectations as its third
quarter earnings fell to four cents per share from last year's 11 cents.
Revenues in the quarter jumped 187.7% to $14.2 million. The company
attributed the profit drop to a slowdown in Internet advertising.
PROVANT INC (POVT, 6.63)- The
maker of performance improvement training services met expectations as its
fiscal first quarter earnings slid to 11 cents per share from last year's
18 cents. Revenues in the quarter fell 3.2% to $53.7 million.
SALTON INC (SFP, 27)- The maker
of small appliances beat estimates by seven cent as its fiscal first
quarter earnings rose 42.1% to $1.35 per share. Revenues in the
quarter increased 5.6% to $207.2 million.
SKYMALL INC (SKYM, 2.38)- The
in-flight catalog merchant said its third quarter loss narrowed to 15
cents per share from last year's 38 cents. Revenues in the quarter
slipped to $16.3 million from last year's $16.4 million, but gross margins
rose to 45% from lat year's 44%.
TRAMMELL CROW CO (TCC, 13)- The
provider of commercial real estate services beat estimates by eight cents
as it reported flat earnings of 46 cents per share. Revenues in the
quarter increased 3.6% to $202.8 million.
U.S. CONCRETE INC (RMIX, 6.19)-
The concrete maker missed estimates by four cents as third quarter
earnings inched up by a penny to 31 cents per share. Revenues in the
quarter rose to $116.6 million from last year's $59.8 million. The
company warned that it sees full year 2000 earnings of $0.90-$0.93 per
share and full year 2001 earnings of $0.95-$1.00, compared to analysts'
expectations of $1.07 and $1.23, respectively.
U.S. PHYSICAL THERAPY (USPH, 19)-
The operator of outpatient clinics said its third quarter earnings rose to
30 cents per share from last year's 19 cents. Revenues in the
quarter rose 21.8% to $16.13 million.
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11/07/00 |
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11/06/00 |
CYPRESS BIOSCIENCE INC (CYPB, 1.28)- The
biotech beat estimates by a penny as its third quarter loss narrowed to
four cents per share from last year's loss of five cents.
FLORIDA ROCK INDUSTRIES (FRK, 38.88)-
The cement maker warned that fourth quarter earnings will fall short of
expectations due to higher interest expenses, startup costs at a new
plant, and wet weather. The company now sees earnings of $0.57-$0.60
per share, compared to analysts' expectations of 85 cents.
KENNEDY-WILSON INC (KWIC, 4.68)- The
financial services company said third quarter earnings fell to 10 cents
per share from last year's 25 cents. Revenues in the quarter tumbled
to $15.52 million from last year's $32.54 million.
SARA LEE CORP (SLE, 21.56)- The
foodmaker is reportedly ready to make a $370 million bid for the U.K.'s
Bernard Matthews Plc, according to the Observer newspaper.
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