climbed after it announced it may go private. Board member Charles Heist, Chief Executive Kurt Moore and The Burton Partnership have collaboratively offered to buy the Tampa, Fla., staffing-services company for $7.50 a share. Shares were adding 45 cents, or 6.4%, to $7.45.
announced that its Casey Systems unit had won a $350,000 bid for its communications equipment to be used in three New York City subway stations. The Syosset, N.Y., small-cap was up a dime, or 6%, to $1.76.
plunged after the Wayland, Mass., maker of laser-based cosmetic-surgery systems said it earned less than a quarter of what it did last year. Fiscal second-quarter earnings came to $1 million, or 4 cents a share, compared with $4.5 million, or 19 cents a share, a year ago. Revenue, at $37.4 million, was a hair below last year's sales. CEO Gerald Puorro conceded that the company's previous revenue growth target for fiscal 2007 was too optimistic and lowered it to between 7% and 9%, down from 15% to 18%. Shares were declining $2.15, or 18.1%, to $9.75.
also slid on narrowed profits, as the Sunnyvale, Calif., semiconductor-components maker posted profits of $5.5 million, or 39 cents a share, for the quarter ended Dec. 30. This compares with $3.7 million, or 26 cents a share, a year ago. Sales jumped 21% year over year to $24.1 million, but analysts were seeking $27 million. Shares were falling $3.93, or 10.6%, to $33.00.
(QLGC - Get Report)
, another California-based semiconductor company, likewise slipped on a steep decline in non-GAAP profits. Income came to $44.9 million, or 28 cents a share, compared with year-ago earnings of $31.4 million, or 19 cents a share. This beat the Street forecast of 26 cents, and the 22% revenue climb from last year, to $157.6 million, more or less reached the consensus. But shares were down $1.13, or 5.6%, to $18.99.