Early Stocks in Motion

Research in Motion(RIMM Quote) reported earnings for the second quarter ended Aug. 27 of $111.1 million, or 56 cents, versus $70.6 million, or 36 cents a share, a year ago. The BlackBerry maker said revenue for the quarter rose 58% to $490.1 million. Excluding certain items, the company earned $120.2 million, or 61 cents a share. Analysts polled by Thomson First Call expected a profit of 61 cents a share on sales of $488.7 million.

For the third quarter, RIM predicted earnings of 62 cents to 68 cents a share on revenue of $540 million to $570 million. Analysts expected 66 cents a share on revenue of $545 million. For the fourth quarter, RIM expects to earn 74 cents to 81 cents a share on revenue of $590 million to $620 million. Analysts expected 72 cents a share on $584 million. The stock was down $2.55, or 3.3%, to $74.70 after hours.

Ameristar Casinos(ASCA Quote) cut its financial outlook for the third quarter and for full year 2005 due to a casino expansion project at its Mountain High property in Black Hawk, Colo. The casino operator said it now expects third quarter earnings of 26 cents to 28 cents a share, compared to its previous guidance of 30 cents to 32 cents. For the year, Ameristar expects to earn $1.08 to $1.11 a share, down from its prior forecast of $1.17 to $1.26 a share. The stock was down $1.48, or 6.77%, to $20.39. ...