Whole Foods Market(WFMI Quote) announced that although there has been property damage and product loss in its stores in Louisiana and Florida, it is unaware of any injuries to its workers. The company also said that it estimates a sales impact on the fourth quarter ending Sept. 25 in the range of $5 million to $6 million. Whole Foods operates five stores in South Florida and three in Louisiana. The stock was down 66 cents, or 0.51%, to $128.60 in after-hours trading.
Equity One(EQY Quote), a developer of community shopping centers, announced that its shopping centers have incurred limited damage from Hurricane Katrina. It includes minor structural damage, flooding in certain spaces, and cosmetic matters. Equity One said that it anticipates its total out-of-pocket costs net of insurance recoveries will be around $850,000. The stock was unchanged at $23.28.
Sun Microsystems(SUNW Quote) announced that it has completed its acquisition of StorageTek(STK Quote). StorageTek shareholders will receive $37 a share in cash for each share for a total value of $4.1 billion. Sun Microsystems was up a penny, or 0.26%, to $3.81 in after-hours trading. ...
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