This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Early Stocks in Motion

Electronic Arts (ERTS) fell 9% after saying fourth-quarter earnings slid 91% from a year ago and guiding the current quarter to an unexpected loss. EA expects to lose 22 cents to 28 cents a share on a GAAP basis in its current quarter on sales ranging from $300 million to $340 million. For the full year, the company forecast GAAP earnings of $1.55 to $1.70 a share on revenue of between $3.4 billion and $3.5 billion. Wall Street had predicted a profit of 4 cents a share on a non-GAAP basis on $450.2 million in revenue in EA's current quarter. For the company's fiscal full year, analysts were calling for pro forma earnings of $1.73 a share on revenue of $3.39 billion.

Nanogen (NGEN) soared 20% after reporting a loss of $8.3 million, or 17 cents a share, for the first quarter ended March 31, vs. a loss of $5.4 million, or 20 cents a share, a year ago. Revenue for the quarter was $3.2 million. Analysts expected a loss of 17 cents a share on revenue of $3 million, according to Thomson First Call. The stock gained 50 cents to $3.17 after the company affirmed its 2005 revenue forecast.

Macromedia (MACR) reported a loss of 2.3 million, or 3 cents a share, for the fourth quarter ended March 31, versus a profit of $13.5 million, or 19 cents a share a year ago. Revenue for the quarter was $116 million. Excluding certain charges, the company earned $18.2 million, or 23 cents a share. Analysts expected earnings of 21 cents a share on revenue of $111.8 million, according to Thomson First Call. The stock was up 27cents to $38.27 Wednesday.

Empire Resorts (NYNY - Get Report) announced that the New York Court of Appeals upheld the position of the state attorney general regarding the validity of gaming laws passed by the New York Legislature in 2001. The ruling also upholds the validity of video lottery terminals at racetracks in New York State. The stock was up 47 cents to $4.74.

MetLife (MET - Get Report) said it earned $987 million, or $1.33 a share, for the first quarter ended March 31, vs. $598 million, or 79 cents a share, a year ago. Revenue for the quarter was $7.1 billion. Excluding certain items, the company earned $821 million, or $1.11 a share. Analysts expected profits of 86 cents a share, according to Thomson First Call. The company also said it now expects 2005 earnings between $3.90 and $4.05 a share, up from its previous guidance of $3.50 to $3.65 a share. Analysts expected earnings of $3.60, according to Thomson First Call. The stock was up $3.86, or 10%, to $42.70 Wednesday.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
NGEN $0.00 100.00%
MACR $0.00 0.00%
MET $55.89 -0.48%
NYNY $5.03 0.20%
AAPL $126.03 -0.32%

Markets

DOW 17,683.58 -46.53 -0.26%
S&P 500 2,068.36 -8.42 -0.41%
NASDAQ 4,991.2430 -17.9710 -0.36%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs