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 Late Winners & Losers

e-Future Information Technology (EFUT), a China-based supply chain management software provider, was dropping in after-hours trading following its latest financial results.

For the six months ended June 30, e-Future had revenue of $2.5 million, up 21.5% from the same period a year earlier. However, the company lost $300,000, largely because of expenses and amortization associated with a $10 million private placement in March and three acquisitions.

Looking forward, the company expects revenue of $10 million for 2007. Shares of e-Future were losing 10.8% to $12.40.

CallWave (CALL), a maker of software applications that allow phones and PCs to work together, was on the decline in the wake of its fiscal fourth-quarter results.

Total revenue for the quarter fell to $5.5 million from $6.2 million in the third quarter. CallWave narrowed its sequential loss to $2.3 million, or 11 cents a share, from $2.6 million, or 12 cents a share, in the third quarter.

For the fiscal year, the Santa Barbara, Calif.-based company said revenue dropped to $25.2 million from $36.6 million in fiscal 2006. The loss widened to $7.5 million, or 36 cents a share, from $2 million and 10 cents a share a year ago. Shares, however, added 3.2% to $3.05.

Analog Devices (ADI) slipped 1.4% to $37.20 after it said its profits fell in the third quarter owing to a slowdown in wireless chip sales.

The Norwood, Mass.-based chipmaker earned 37 cents, topping estimates by a penny, but that was down from 39 cents last year. ADI's forecast was unimpressive. Sales did rise 3% to $680 million, and came in about $8 million ahead of expectations.

Bally Technologies (BYI), a maker of gambling products like slot machines and video slots, was gaining ground after the company offered optimistic projections for this year and next.

The Las Vegas-based company reiterated that it expects fiscal 2007 revenue of $670 million to $690 million and earnings of above 34 cents a share. Analysts are looking for sales of $683.9 million and a profit of 28 cents.

For 2008, Bally forecast earnings of $1.25 to $1.55 a share and revenue of more than $830 million. The consensus targets are $1.01 a share for earnings and $782.9 million on the top line. Shares of Bally were up 0.1% to $27.44.

DryShips (DRYS) jumped 6% after swinging to a second-quarter profit and blowing away Wall Street's expectations. The Greek marine shipping company earned $110.2 million, or $3.15 a share, compared to a loss of $808,000, or 3 cents a share, in the year-ago quarter. The company reported revenue of $112.5 million vs. $54.5 million last year. Analysts polled by Thomson Financial expected earnings of $1.34 a share on revenue of $98.7 million. Shares gained $3.36 to $59.50.

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 17,790.06 +11.91 0.07%
S&P 500 2,065.60 +4.37 0.21%
NASDAQ 4,755.7450 +7.3490 0.15%

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