affx cmrc trmb aapl cnet athm prd ups tqnt vrsn cnxt ctxs msft ifmx
Underwear maker Fruit
of the Loom (FTL) got a "wedgie" --> going for delisting.LOL!:)
B2B e-commerce enabler Commerce One (CMRC) reported a loss of
$0.09 per share compared to First Call's estimate for a loss of
$0.12 per share. Commerce One rose $7.28 to $55.00.
Biotech concern Affymetrix (AFFX) fell $10.81 to $116.38
after posting impressive gains on Wednesday. The company
registered a first-quarter loss from operations of $0.14 per
share compared to a First Call projected loss of $0.24 per
share.
Schering-Plough (SGP) posted first-quarter earnings of $0.42
per share, in line with the First Call estimate. The stock
added $0.38 to $40.13 on the news.
Shares of Atmel (ATML) tumbled $5.25 to $45.63 after the
company checked in with first-quarter earnings of $0.19 per
share, a penny ahead of the First Call estimate.
Apple Computer (AAPL) gained $3.00 to $124.13. After the close
Wednesday, the company checked in with a second-quarter profit
of $0.88 per share compared to the First Call estimate of $0.81
per share. The company also set a 2-for-1 stock spilt and
Donaldson, Lufkin & Jenrette (DLJ) upped its price target to
$175 from $150.
Shares of CNet (CNET) jumped $7.38 to $38.38. Late Wednesday,
the company posted a first-quarter profit of $0.02 per share.
First Call had projected a loss of 6 cents per share.
Additionally, the company's board cleared the way for a $100
million stock buyback.
ExciteAtHome (ATHM) lost $2.00 to $17.94 following a 13 percent
drop on Wednesday. After the market closed Wednesday, the
company reported a first-quarter loss of a penny per share
compared to the First Call projection of break even.
Instant camera and film maker Polaroid (PRD) shed $1.56 to
$20.56. The company posted a loss of $0.13 per share, less
than the First Call projection of a loss of $0.22 per share.
United Parcel Service (UPS) saw its shares rise $4.44 to
$63.50. The company's first-quarter earnings came in at $0.56
per share compared to First Call's estimate of $0.52 per share.
Furthermore, the company said it plans to buy back $1.2 billion
of its stock.
Shares of VeriSign (VRSN) lost $12.42 to $118.50 despite
posting better-than-expected first-quarter earnings. The
company said late Wednesday that it posted a $0.02 per share
profit, beating the First Call estimate by a penny.
Triquint Semiconductor (TQNT) rose $4.19 to $83.25 after the
communications equipment maker posted earnings of $0.25 per
share, well above the $0.19 per share estimate and a 76 percent
increase over the year ago period.
Another communications equipment maker, Conexant Systems (CNXT)
also posted better-than-expected earnings. Excluding a $0.87
per share charge related to acquisitions, the company earned
$0.21 per share, three cents better than First Call estimates.
Conexant shares gained $4.44 to $61.69.
Informix (IFMX), a provider of information management software,
fell $5.00 to $11.94 despite reporting a profit of $0.09 per
share, a penny better than First Call estimates.
Windows software adapter Citrix (CTXS) dropped $13 to $52.25
after meeting First Call's consensus estimate of $0.19 per
share.
Tremble Navigation (TRMB) gained $5.69 to $25.19 after
reporting that first-quarter earnings increased 189 percent to
$0.35 per share, whipping the First Call estimate of $0.22 per
share.
And speaking of Windows, Microsoft (MSFT) reported earnings of
$0.43 per share after market close, beating the First Call
estimate by two pennies. In anticipation of the report,
Microsoft shares gained $0.25 to $78.94.
In other stock news, software maker Legato (LGTOE) fell $4.69
to $11.31 after the company was notified by NASDAQ that it has
become subject to de-listing procedures because of a delay in
filing its annual report (the "E" at the end of Legato's stock
symbol denotes a possible de-listing).
The NYSE isn't without its black sheep. Underwear maker Fruit
of the Loom (FTL) got a "wedgie" today when the Big Board said
it would apply to the Securities and Exchange Commission to de-
list the company's shares. Fruit of the Loom finished off
$0.13 to $0.81.
In the Treasury arena, prices were mixed. The 10-year Treasury
note fell 1/32 to yield 6.01 percent and the 30-year Treasury
bond added 6/32 to yield 5.83 percent. The Treasury Department
purchased $2 billion in securities maturing between February
2020 and August 2025 this morning, paying a total of $2.431
billion. |
