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To: AugustWest who wrote (6913)7/1/2002 4:44:20 PM
From: Jorj X Mckie  Respond to of 17639
 
from briefing.com




16:42 ET After Hours Movers
Prices vs 4 pm ET close -- ADVS -9.75, THQI -1.77, RATL -1.30, MLHR -1.50




16:35 ET THQI THQ Inc updates guidance (27.32 -2.50)
Company announces plans to discontinue its online joint venture in the U.K. and to record a non-cash charge of approximately $3 million ($2.8 million after tax), or $0.07 (net after tax) per share; excluding this charge, THQ sees Q2 earnings in the range of $0.10 to $0.12 per share vs the current Multex consensus estimate for earnings of $0.12 per share, sees Q2 revs in the range of $80 to $85 million vs the current consensus estimate for revs of $83 million.




16:27 ET CFCP Coastal Financial added to Russell 3000 (15.20 +0.40)
Company announces it was added as a member of the Russell 3000 Index June 28 when Frank Russell Company reconstituted its family of U.S. Indexes.




16:21 ET V Vivendi Universal senior debt cut to Ba1 from Baa3 by Moody's (22.45 +0.95) -- Update --





16:17 ET ADVS falls 40% to $14.60 on the resumption of trading





16:16 ET MLHR Herman Miller exceeds loss estimate (20.00 -0.30)
Reports a Q4 loss of $0.05 a share, $0.01 better than the Multex consensus. Revenues fell 36.9% to $322.6 mln.




16:07 ET CIT CIT Group -- IPO prices at $23 per share (23.00)
This is under the expected price range which was $25.00 to $29.00 per share.




16:07 ET ANAD Anadigics reiterates Q2 guidance; warns for Q3 (7.27 -0.97)
Co remains on track to post a Q2 loss of $0.29 on revs of approx. $23 mln (Multex consensus -$0.29 and $22.78 mln). However, for Q3, co sees a loss of $0.33 on revenues of approx. $21 mln (consensus -$0.22 and $25.86 mln).




16:05 ET RATL Rational Sftwr lowers Q1 forecast (7.53 -0.68)
Announces that it expects to report Q1 revs of $150-$154 mln and pro-forma EPS of $0.03-$0.04, vs prior guidance of $160-$170 mln and $0.05-$0.06; co will host a conference call today at 5:00 PM ET (dial-in: 800-230-1059, passcode: RATIONAL).