This Day On The Street
Continue to site right-arrow
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Stocks in Motion: Sabre Holdings

Shares of Universal Technical Institute (UTI) were among the NYSE's winners Tuesday, jumping 14% after the provider of technical education training posted fourth-quarter results that topped Wall Street forecasts.

The company earned $9.2 million, or 32 cents a share, on sales of $83.9 million. Analysts polled by Thomson First Call expected earnings of 28 cents a share on sales of $83.1 million. A year earlier, the company earned $6.7 million, or 23 cents a share, on sales of $69.5 million. Sales in the recent period were buoyed by higher average student enrollment and tuition increases, the company said.

Looking ahead, Universal Technical sees fiscal 2006 sales growth of 19% to 21%. Analysts expect sales of $369 million, or sales growth of slightly less than 19%. Shares were trading up $4.28 to $34.96.

Taser (TASRE) climbed 17% after the stun-gun maker said the Securities and Exchange Commission closed an investigation into the company without recommending an enforcement action. The SEC had been investigating the medical safety of the Taser device and certain accounting and disclosure issues. The SEC continues, meanwhile, to investigate issues related to trading in the company's stock, the company said. Taser shares were up $1.04 to $7.16.

Shares of Diebold (DBD) rose 6% after Walden O'Dell resigned as the company's chairman and chief executive for "personal reasons." The maker of ATMs and electronic voting machines named President and Chief Operating Officer Thomas Swidarski as its new CEO, while director John Lauer will serve as non-executive chairman. Diebold also backed its guidance for fourth-quarter earnings of 50 cents to 60 cents a share, including 13 cents in restructuring charges. The company's shares were up $2.13 to $39.86.

Shares of Best Buy (BBY) slumped 11% after the consumer electronics retailer posted weaker-than-expected third-quarter earnings. The company earned $138 million, or 28 cents a share, on sales of $7.34 billion. Analysts expected earnings of 30 cents a share and sales of $7.34 billion. During last year's third quarter, the company earned $148 million, or 30 cents a share, on sales of $6.65 billion.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,054.42 +0.71 0.00%
S&P 500 2,092.17 +3.40 0.16%
NASDAQ 4,807.33 +0.4710 0.01%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs