Not everyone seems to think Dell will under perform. I'm felling better about Dell all the time.
The only people who are going to lose on Niles statement are the ones who sold on friday. Scroll down about halfway for Dell
SEARCH SITE
Enter keyword:
View Site Map STOCK QUOTES
Enter symbol:
Lookup symbol
NEWS
Top Financial News
Top World News
Stock Market Update
Technology
U.S. Economy
Columns
STOCKS
Stocks on the Move
Chart Builder
World Indices
Movers by Exchange
Stocks in the Dow
S&P 500 Snapshot
Industry Movers
Most Active Options
IPO Center
Regional Indices
RATES & BONDS
Key Rates
U.S. Treasuries
International Bonds
Muni Bond Yields
CURRENCIES
Currency Rates
Cross Currency Rates
Currency Calculator
EMU Update
COMMODITIES
Most Active Futures
Energy
Hot Stocks
Mon, 15 Feb 1999, 6:01pm EST
U.S. Equity Preview: Abercrombie & Fitch, Dell, Hewlett-Packard
U.S. Equity Preview: Abercrombie & Fitch, Dell, Hewlett-Packard
New York, Feb. 15 (Bloomberg) -- The following is a list of
companies whose shares may move in U.S. markets Tuesday, Feb. 16.
Markets are closed tomorrow for the Presidents Day holiday.
Friday's closing prices are included. The stock symbol is in
parentheses after the company name.
Abercrombie & Fitch Co. (ANF): The company's shares are
expected to hit $90 a share in 18 months said Goldman, Sachs &
Co. senior retail analyst Richard Baum, who named the seller of
casual clothes for young adults his favorite for the second year
in a row, the New York Times reported. Analysts expect earnings
to rise 30 percent in each of the next three years since
Abercrombie has become the ''it'' stock of the retail world,
helped by a hip, collegiate image it maintains, in part, by
staffing its stores with clean-cut, college graduates.
Abercrombie fell 15/16 to 74 9/16.
Abbott Laboratories (ABT): Innogenetics NV (INNX ES) said it
had no comment on a newspaper report that Abbott Laboratories
(ABT) is preparing a takeover bid for the Belgian biotechnology
company that makes tests to diagnose diseases. L'Echo, a Belgian
newspaper, reported Saturday that Abbott, one of the world's
biggest makers of drugs, medical devices and tests, is
considering taking over Innogenetics, which has a market value of
about 670 million euros ($755 million). Abbot fell 7/8 to 45.
AMR Corp. (AMR): AMR's American Airlines pilots returned to
work in greater numbers under a court order, leading the world's
No. 2 carrier to predict that normal service will resume tomorrow
after a 10-day protest. American canceled 13 percent of its
scheduled flights today, down from a peak of more than half on
Thursday. The airline said 900 pilots were on its sick list, a 15
percent decline from yesterday. AMR fell 5/16 to 55 1/8.
DaimlerChrysler AG (DCX): Juergen Schrempp, co-chairman of
the world's fifth-largest automaker, said his company would
decide whether to buy a stake in Japan's Nissan Motor Co. (7201
JP) in the next two to three months, the German VWD news agency
reported. DaimlerChrysler is talking to Japan's second-largest
carmaker about buying a controlling stake in either it or its
truckmaking unit, Nissan Diesel. Schrempp made the remarks while
speaking to students at the University of Bayreuth, VWD said.
DaimlerChrysler fell 1 7/16 to 93 15/16.
Dell Computer Corp. (DELL): The No. 1 direct seller of
personal computers is expected to report higher fiscal fourth-
quarter earnings tomorrow, though some analysts caution that
competition may cause sales to lag forecasts. Dell is expected to
earn 31 cents a share in the quarter ended Jan. 29, the average
estimate from First Call. That's up from a split-adjusted 20
cents in the year-earlier period. Dell fell 12 to 89 7/8.
Deluxe Corp. (DLX): The check printing and electronic-
payment services company's Chief Executive J.A. Blanchard told
Barron's the company isn't for sale, though he has had offers.
Instead of selling, Blanchard said he'd like to buy a large
information-based company. If that doesn't happen, Blanchard said
the company could buy back as much as 20 percent of its stock.
Deluxe fell 1/2 to 34.
Drypers Corp. (DYPR): The maker of baby diapers and related
products said it's cutting its 1999 earnings estimate by 15 cents
to 20 cents a share. The company said the recent decline of the
Brazilian real will hurt its Latin American business. The company
also said it's taking a 1998 charge of about $6.5 million to
discontinue its detergent operations. Drypers rose 5/16 to 2
13/16.
Engelhard Corp. (EC): The buyer, seller and manager of
precious metals for industrial uses, is being investigated by the
Peruvian government to determine whether it bilked the government
out of tax dollars, said Barron's. In Peru, any purchase of gold
carries an 18 percent value-added tax, but that is refunded if
the gold is exported. Engelhard and other companies are suspected
of smuggling gold into the country and then collecting the 18
percent tax when it is exported, according to Peruvian officials.
Engelhard has denied any wrongdoing. Engelhard fell 1/4 to 19
1/4.
Evans & Sutherland Computer Corp. (ESCC): The maker of
graphics systems for computer workstations revised second- and
third-quarter results to acknowledge new accounting guidelines on
counting in-process research and development costs in acquired
companies. The company restated the second-quarter loss to $2.04
a share, from $2.84, and the third-quarter loss to 8 cents, from
a net of 5 cents. Evans & Sutherland fell 3/8 to 17 5/8.
General Electric Co. (GE): The world's biggest aircraft-
engine maker won a $1.74 billion contract to provide spare parts
for certain military engines through 2012, the U.S. Defense
Department said. GE fell 2 3/8 to 97 5/8.
Hewlett-Packard Co. (HWP): The world's second-largest
computer maker is expected to have earnings for the first-quarter
ended Jan. 31 of 83 cents a share, the average estimate of
analysts surveyed by First Call. That's down from 86 cents a year
earlier. H-P is expected to report earnings on Tuesday after the
close of U.S. markets. H-P rose 1 3/16 to 76 7/16.
Metal Management Inc. (MTLM): Gerard Jacobs resigned as
chief executive of the struggling scrap metal company and is
leading a group of investors that will buy Metal Management's
California forging business for $17.1 million, the company said.
Jacobs' new holding company, Huntington AluTech Inc., will pay
$13.6 million in cash and a $2.5 million two-year promissory
note, plus $1 million if the metals business, called Superior
Forge Inc., meets certain earnings targets. Metal Management fell
1/16 to 1 1/2.
National Dentex Corp. (NADX): The largest operator of dental
laboratories in the U.S. said acquired closely held TVC Dental
Laboratory Inc. for an undisclosed price. TVC had sales of
$750,000 in the last fiscal year. National Dentex fell 9/16 to 15
15/16.
Navistar International Corp. (NAV): Sweden's Volvo AB
(VOLVY), the world's second-largest maker of heavy trucks, is
considering buying Navistar, the No. 4 truckmaker, the Financial
Times reported, citing unidentified sources close to the talks.
The companies declined to comment on the report. The acquisition
of Navistar, which has annual sales of $7.9 billion, would double
Volvo's share of the North American market, the paper said.
Navistar rose 2 to 35 1/4. Volvo American depositary receipts,
each representing one Class B share, fell 11/16 to 27 7/16.
Wal-Mart Stores Inc. (WMT): The world's largest retailer is
expected to report fourth-quarter earnings rose to 67 cents a
share from 57 cents a share a year earlier, the average estimate
of analysts surveyed by First Call. The company is expected to
report earnings Tuesday. Wal-Mart fell 1 7/16 to 84 3/8.
Tickers: AMR DLX EC
©1999 Bloomberg, LP. All rights reserved. Terms of Service and Trademarks.
|
