Updated from 1:10 p.m. EDT
Shares of E-Loan (EELN) were among technology's winners Monday, rising 13.4% after the company announced that it would begin offering consumer financing for cars and motorcycles bought on eBay (EBAY - Get Report). eBay Motors did about $11.1 billion in worldwide gross merchandise sales during 2004. Shares of E-Loan traded up 40 cents to $3.38.
Mercury Interactive (MERQ) rose 12.1% after the business software company previewed fourth-quarter earnings and sales that topped forecasts. Excluding items, the company expects earnings of 40 cents to 42 cents a share on sales of $203 million to $205 million. Analysts surveyed by Thomson First Call were expecting earnings of 34 cents a share on sales of $190.7 million. Mercury plans to report its full fourth-quarter results on Feb. 2; it will provide a first-quarter outlook at that time. Shares traded up $4.54 to $42.17.
Shares of Travelzoo (TZOO - Get Report) fell 24.6% after the company announced an SEC inquiry into trading by company employees. The online travel publisher also reported earnings that were reduced by nearly $1 million by unexpected payouts to customers who took part in a 1998 promotional giveaway. On a conference call, Travelzoo said the SEC inquiry is probably the result of a rally that took its shares up more than 1,000% in 2004. Still, Travelzoo said it provided information about transactions by its officers, directors and employees. Shares traded down $18.05 to $55.33.Equant (ENT - Get Report) rose 15.7% after France Telecom offered to buy the shares of the company it doesn't already own. France Telecom will offer Equant shareholders 564 million euros, or $737 million, for the remaining 46% of the company it hasn't already purchased. Equant's board has appointed a special committee of three independent directors to evaluate the offer, the company said. Shares traded up 75 cents to $5.53.