[SONS] Speaking of Earnings ...
STOCKS TO WATCH Nortel, Knight Ridder, Sonus Networks
Last Update: 3:34 PM ET Mar 11, 2006 marketwatch.com
SAN FRANCISCO (MarketWatch) -- Among the companies whose shares are expected to see active trade in Monday's session are Nortel Networks Inc., Knight Ridder Inc. and Sonus Networks Inc. Sonus Networks Inc. (SONS : sonus networks inc com News , chart, profile, more Last: 5.27-0.01-0.19%
4:00pm 03/10/2006 SONS5.27, -0.01, -0.2%) is expected to report fourth-quarter earnings of a penny a share. Watch list Amazon.com Inc. (AMZN : Amazon.com, Inc. News , chart, profile, more Last: 36.22+0.10+0.28%
4:00pm 03/10/2006 AMZN36.22, +0.10, +0.3%) is reportedly in talks with a number of entertainment companies about offering movie downloads. See full story. Ann Taylor Stores Corp. (ANN : Ann Taylor Stores Corporation News , chart, profile, more Last: 37.48+2.15+6.09%
4:00pm 03/10/2006 ANN37.48, +2.15, +6.1%) swung to a profit in the fourth quarter. See full story. The London Stock Exchange (UK:LSE: news, chart, profile) said that it rejected a $4.17 billion bid from the Nasdaq Stock Market Inc. (NDAQ : nasdaq stock market inc com News , chart, profile, more Last: 43.56+4.06+10.28%
4:00pm 03/10/2006 NDAQ43.56, +4.06, +10.3%) . See full story. McClatchy Co. (KRI : Knight-Ridder, Inc. News , chart, profile, more Last: 65.00+2.34+3.73%
4:00pm 03/10/2006 KRI65.00, +2.34, +3.7%) has reportedly emerged as the top bidder for Knight Ridder Inc. (KRI : Knight-Ridder, Inc. News , chart, profile, more Last: 65.00+2.34+3.73%
4:00pm 03/10/2006 KRI65.00, +2.34, +3.7%) , with an offer valued at more than $4.35 billion. Knight Ridder said it will not comment on the bidding process until Sunday at the earliest. See full story. Mamma.com Inc. (MAMA : mamma com inc com News , chart, profile, more Last: 2.54+0.06+2.42%
4:00pm 03/10/2006 MAMA2.54, +0.06, +2.4%) reported a fourth-quarter net loss of $762,555, or 6 cents a share, vs. a net loss of $671,567, or 6 cents a share, in the year-ago period. Revenue at the Montreal-based Internet search company fell 51% to $1.66 million from $3.42 million. Municipal Mortgage & Equity LLC (MMA : Municipal Mortgage and Equity L.L.C. News , chart, profile, more Last: 26.85-0.03-0.11%
3:55pm 03/10/2006 MMA26.85, -0.03, -0.1%) said it will restate its earnings for the years 2002 through 2004 and the first three quarters of 2005. The Baltimore-based company said the restatement will increase previously reported net earnings for the first three quarters of 2005 by $10.5 million, or 27 cents a share. MuniMae will seek an extension to file its 2005 form 10-K, but said it expects to file by the end of the 15-day extension period. Nortel Networks Inc. (NT : Nortel Networks Corp News , chart, profile, more Last: 3.02-0.07-2.27%
4:01pm 03/10/2006 NT3.02, -0.07, -2.3%) reported a preliminary $2.2 billion loss in the fourth quarter and said it would delay its annual 2005 report amid yet another revision of financial results going back at least three years. See full story.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Reuters Micron could undercut Sandisk prices: Barron's Sunday March 12, 3:54 pm ET
NEW YORK (Reuters) - Sandisk Corp. (NasdaqNM:SNDK - News), a maker of flash memory chips for mobile phones and digital cameras, could see its prices undercut by Micron Technology Inc. (NYSE:MU - News), Barron's reported in its March 13 edition. Micron, which said last week it would buy digital memory card maker and Sandisk competitor Lexar Media Inc. (NasdaqNM:LEXR - News), could use its joint chipmaking venture with Intel Corp. (NasdaqNM:INTC - News) to reduce Lexar's chip costs and increase supply, wrote Bill Alpert of Barron's.
Sandisk has enjoyed good profit margins compared with other memory chip makers, due mostly to patent royalties the company gets from other flash makers, Alpert wrote. Sandisk also saw its stock triple last year because of surging demand and limited supply for flash, he wrote.
On Friday, Sandisk shares closed 47 cents lower at $53.06 on Nasdaq
biz.yahoo.com |