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
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Wednesday's Early Winners & Losers

Versant (VSNT) shares jumped more than 11% in after-hours action Tuesday as the data-management software developer posted sharply higher earnings for the first fiscal quarter. The Fremont, Calif., small-cap reported $1.6 million, or 45 cents a share, in income from continuing operations, compared with last year's $789,000, or 23 cents a share. Sales reached $5.2 million, an 11% climb from a year ago. Shares were adding $1.89 to $18.60 in recent trading.

Deckers Outdoor (DECK), a footwear maker based in Goleta, Calif., was higher on a profit of $23.5 million, or $1.82 a share, in the fourth quarter (excluding a noncash pretax impairment charge estimated between $14 million and $16 million) on sales that surged 36.7% year over year to $124.4 million. Year-ago earnings were $12.1 million, or 94 cents a share. Analysts surveyed by Thomson Financial had sought $1.31 a share on $110.7 million revenue.

Looking ahead, the company expects to see 15% growth in 2007 revenue and 5% income growth. That translates to $3.47 a share on $350.1 million, based on 2006 sales figures, which top the mean by 36 cents and $11 million, respectively. Shares were up $3.51, or 5.7%, to $64.96.

Human Genome Sciences (HGSI) rose on two pieces of good news. Fourth-quarter results were impressive, as the drugmaker narrowed its losses to $48.5 million, or 36 cents a share, compared with last year's downside of $69.5 million, or 53 cents a share. Analysts were expecting a loss of 44 cents a share. Revenue added 8% to $10 million, which was $2.3 million above consensus. The Rockville, Md., company also expects 2007 revenue to surge 50% year over year to $38.7 million, ahead of the $35.6 million targets.

1 of 2

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
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

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
Try it NOW
Try it NOW
Try it NOW
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!
ADSK $64.24 0.00%
DECK $74.24 0.00%
NVS $102.40 0.00%
STX $61.12 0.00%
AAPL $128.46 0.00%


DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

Partners Compare Online Brokers

Free Reports

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