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
TheStreet Open House

Thursday's Early Winners & Losers

Herman Miller (MLHR) plunged some 7% in after-hours trading Wednesday on disappointing results for the quarter ended March 3. The Michigan-based interior-furnishings maker said it earned $32.3 million, or 50 cents a share, which misses Thomson Financial estimates by 2 cents despite its sharp rise from a year-ago profit of 33 cents a share. Sales were up 14.3% to $484.8 million, which was slightly under the $491.4 million average projection.

Looking ahead, Herman Miller expects next-quarter earnings to range between 47 cents and 51 cents a share -- at least a penny under the consensus. Shares were down $2.85 to $35.

RCM Technologies (RCMT) surged more than 25% on word the business-technology firm made $2.3 million, or 19 cents a share, in the fourth quarter -- a 12-cent per-share leap from last year. The analyst who follows the company was looking for 9 cents a share. The New Jersey-based small-cap was rising $1.62 to $8.

Komag (KOMG) was higher on news it intends to repurchase an unspecified number of its shares. In order to do this, the maker of hard-disk-drive components will offer $200 million in convertible subordinated bonds, along with an additional $30 million worth for initial purchasers to cover any overallotments. Shares of the San Jose, Calif., company were gaining 88 cents, or 2.7%, to $33.45.

IHS (IHS), a business-software firm based in Englewood, Colo., gained after it reported per-share earnings of 32 cents for the quarter ended Feb. 28 -- a 23.1% increase from last year. Revenue rose 17.5% from last year to $152.6 million, topping the $148 million consensus estimate.

In addition, the company now expects year-over-year sales growth at a percentage-point higher than before -- 11% to 13% -- meaning a top line of between $611.4 million and $622.4 million, based on 2006 figures. This is in line with Wall Street targets. Shares were trading up $1.02, or 2.6%, to $40.98.

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!
DOW 17,097.74 -74.94 -0.44%
S&P 500 1,990.26 -4.03 -0.20%
NASDAQ 4,529.5060 +1.8170 0.04%

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