I love it when Aware gets a little publicity:
U.S. Equity Movers: Aware, Electronics Boutique, Lycos, Sprint
5/18/00 10:30:00 AM
Source: Bloomberg News
New York, May 18 (Bloomberg) -- The following is a list of companies whose shares are moving in U.S. markets Thursday, May 18. The stock symbol is in parentheses after the company name. Major Moving Stocks:
Equant NV (ENT) New York shares, each representing one ordinary share, fell 13, or 21 percent, to 48 3/8 and traded as low as 45 5/8. The data-communications network provider said its first-quarter loss widened to 12 cents a share from 4 cents a year earlier.
Legato Systems Inc. (LGTOE) fell 3 5/16, or 21 percent, to 12 11/16 and traded as low as 12 7/16. The software said its first- quarter loss was 12 cents a share. The company was expected to earn 6 cents, the average estimate from analysts polled by First Call/Thomson Financial.
National Discount Brokers Group Inc. (NDB) rose 4 11/16, or 19 percent, to 29 3/16 and traded as high as 30 1/2. Germany's Deutsche Bank AG (DBK GR) said it reached a formal agreement in a previously announced plan to buy as much as 19 percent of the financial services company. Deutsche Bank will pay $135.9 million, or $45.31 a share, for 3 million shares.
Petco Animal Supplies Inc. (PETC) rose 4 5/8, or 31 percent, to 19 9/16 and traded as high as 20. The retailer of pet supplies agreed to be acquired for about $600 million by Texas Pacific Group and Leonard Green & Partners LP, a firm that's buying Veterinary Centers of America Inc. Petco said holders will get $22 a share. Others:
American Software Inc. (AMSWA) fell 2 1/16, or 25 percent, to 6 1/16 and traded as low as 5 13/16. The software company expects a loss of $2.6 million to $3.1 million for the fourth quarter ended April 30. American Software cited lower-than-expected license fees and increased investment in its AmQuest unit.
ASI Solutions Inc. (ASIS) rose 1, or 20 percent, to 6 and traded as high as 6 5/8. The human-resources staffing company said net income for the fourth quarter ended March 31 rose to 22 cents a share from 14 cents a year earlier. The company also said it will ''soon'' introduce an Internet-based product.
Aware Inc. (AWRE) rose 6 9/16, or 18 percent, to 44 1/16 and traded as high as 44 9/16. The maker of digital subscriber line technology was reiterated ''strong buy'' by analyst Anton Wahlman at UBS Warburg LLC.
BMC Software Inc. (BMCS) rose 1 1/8, or 2.6 percent, to 44 7/8 and traded as high as 45 7/8. The software maker said Compaq Computer Corp. (CPQ) will resell and use BMC's system application- management software products, extending the companies' relationship.
Callaway Golf Company (ELY) fell 7/8, or 4.4 percent, to 19 1/8 and traded as low as 18 13/16. The maker of golf clubs was downgraded to ''neutral'' from ''attractive'' by analyst Joseph Yurman at Bear, Stearns & Co.
Covad Communications (COVD) rose for a second day, gaining 2 1/2, or 10 percent, to 26 1/2 and trading as high as 28 1/8. The broadband services provider that uses digital subscriber line technology said it's expanded services in Columbus and Dayton, Ohio, making them available to more than 70,000 businesses and 669,000 households. Yesterday, it said it's expanding in the Las Vegas area.
Corel Corp. (CORL) fell 7/8, or 16 percent, to 4 1/2 and traded as low as 4 7/16. The software company, which sells a version of the Linux operating system that competes with Microsoft Corp.'s (MSFT) Windows, could run out of cash in days without additional financing, the Globe and Mail of Toronto reported.
Electronics Boutique Holdings Corp. (ELBO) fell 2 1/16, or 13 percent, to 14 1/4 and traded as low as 14 1/8. The electronic- games retailer said first-quarter net income fell to 11 cents a share from 14 cents a share a year earlier. The company was expected to earn 14 cents, the average estimate of four analysts polled by First Call/Thomson Financial.
FactSet Research Systems Inc. (FDS) fell 4 11/16, or 18 percent, to 21 7/8 and traded as low as 18. U.S. Bancorp Piper Jaffray analyst Brett Manderfeld now expects the database-services company's shares to reach 27 within a year, down from his previous forecast of 39.
JDS Uniphase Corp. (JDSU) fell 3 3/64, or 3.3 percent, to 89 29/64 and traded as low as 88 3/4. Co-Chairman and Chief Executive Kevin Kalkhoven said he's retiring from the maker of parts used in fiber-optic equipment effective today and will start a venture- capital fund. Jozef Straus will replace him as CEO.
Keebler Foods Co. (KBL) fell 1 1/4, or 3.6 percent, to 33 7/16 and traded as low as 33 1/4. The cookie and cracker maker, which today reported first quarter earnings for the period ended April 22, fell on concern that sales didn't increase much.
Logility Inc. (LGTY) fell 1 9/16, or 27 percent, to 4 3/16 and traded as low as 3 15/16. The software company said it expects a loss of $600,000 to $900,000 in its fourth quarter ended April 30.
Lycos Inc. (LCOS) rose 5 17/64, or 9 percent, to 62 7/8 and traded as high as 66. The Internet search service being bought by Terra Networks SA (TRR SM) said it earned 7 cents a share, excluding merger-related costs, amortization of goodwill and investment gains, in the quarter ended April 30. That beat the 5- cent average estimate of analysts polled by First Call.
MasTec Inc. (MTZ) rose 1 3/4, or 2 percent, to 82 1/8 and traded as high as 85. The company that builds communications networks said it will split its stock 3-for-2 and expects 20 percent to 25 percent sales growth this year.
Micromuse Inc. (MUSE) rose 7 3/8, or 8.1 percent, to 98 1/8. The software company was rated new ''strong buy'' by analyst David Raezer at Morgan Stanley Dean Witter.
National Computer Systems Inc. (NLCS) rose 3, or 5.7 percent, to 55 3/4 and traded as high as 57. The data collection services company was reiterated ''buy'' by analyst Richard Jacobs at Janney Montgomery Scott LLC. Jacobs expects the stock to reach 62 in a year.
New Focus Inc. (NUFO) rose 25, more than doubling, to 45 and traded as high as 46. The maker of optical fiber equipment sold 5 million shares in an initial public offering priced at 20 a share, raising $100 million.
Nogatech Inc. (NGTC) fell 2 1/8, or 18 percent, to 9 7/8. The provider of chips that link video devices to computers sold 3.5 million shares in an initial public offering priced at 12 a share, raising $42 million.
Phone.com Inc. (PHCM) rose 2, or 2.4 percent, to 85 1/2 and traded as high as 90 1/2. The maker of software that allows wireless phones to get Internet access said sales for the fourth quarter ending in June will be higher than expected and that it will become profitable six months earlier than thought.
Schlumberger Ltd. (SLB) fell 3 9/16, or 4.2 percent, to 79 7/16 and traded as low 79 1/16. Smith International Inc. (SII) fell 6 15/16, or 8 percent, to 79 7/8 and traded as low as 79 13/16. The oilfield-services companies were downgraded to ''outperform'' from ''strong buy'' by analyst John Lovoi at Morgan Stanley Dean Witter.
Sprint Corp. (FON) fell 1 3/4, or 3 percent, to 56 1/4 and traded as low as 55 5/8. WorldCom Inc.'s (WCOM) plan to buy the telephone company for about $143 billion should be blocked because it violates antitrust law, according to U.S. antitrust enforcers, the Wall Street Journal reported. WorldCom fell 1 1/16, or 2.5 percent, to 40 15/16 and traded as low as 40.
Tickers: AWRE ELBO LCOS FON
Money flows, the difference between the value of trades made at a higher price than the previous trade and those made at a lower price, may also appear for some stocks.
|
