This Day On The Street
Continue to site right-arrow
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!

Tuesday's Tech Winners & Losers

Shares of Intevac (IVAC) were among technology's winners Tuesday, jumping 11% after the company said it received orders for 11 of its disk-sputtering systems.

As a result of the orders, Intevac expects 2006 revenue to top expectations. "These tools are scheduled for delivery in the fourth quarter this year and first quarter next year," the company said. "With these orders, we have now booked enough systems to not only exceed the high end of our May 1 revenue guidance for 2006 but also provide an excellent start for 2007," the company said. Analysts polled by Thomson First Call project 2006 revenue of $197.3 million. Intevac shares were trading up $2.28 to $23.90.

Flir Systems (FLIR) soared 22% after Textron's (TXT) Bell Helicopter unit selected the thermal imaging company's airborne multi-sensor system for its armed reconnaissance helicopter program. The system, which will be used by the Army, incorporates an advanced thermal imager, a CCD-TV camera, a laser designator and a laser rangefinder. Financial terms of the deal were not disclosed. Flir shares were higher by $4.73 to $26.37.

Shares of Perficient (PRFT) rose 7% after the information technology consulting firm lifted its second-quarter revenue projection. The company expects to post revenue of $36.6 million to $37.7 million, up from an earlier view of $31 million to $32.8 million. Analysts project revenue of $32.8 million. "Organic growth continued to accelerate in Q2," the company said. "Utilization rates are high and we're adding billable resources to address our existing project backlog and pipeline." Shares were up 85 cents to $12.98.

Lucent (LU) fell 4% after the telecom-equipment company warned that third-quarter results would be below Wall Street's forecast. For the period ended June 30, the company sees earnings of 2 cents a share on revenue of $2.04 billion. Analysts, meanwhile, project earnings of 4 cents a share and revenue of $2.34 billion. A year earlier, Lucent reported earnings of 7 cents a share on revenue of $2.34 billion. "During the third quarter, our North American mobility business was adversely impacted by a slowdown in spending on some of our current-generation wireless solutions," the company said. Lucent plans to report its third-quarter results on July 26. Shares were trading down 10 cents to $2.24.

1 of 2

Select the service that is right for you!

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!


DOW 17,959.44 +154.64 0.87%
S&P 500 2,078.54 +7.89 0.38%
NASDAQ 4,781.4240 +16.0440 0.34%

Brokerage Partners

Rates from

  • 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