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3Com, Nike Report 2Q Earnings
Japan's Nikkei 225 has skidded more than 3% in early Friday trading. On these shores, there's a mixed bag of post-close news (earnings estimates from First Call):
3Com (COMS Quote) ruffled only a few feathers Thursday evening as it reported quarterly numbers that matched the warning it made earlier this month.The networker posted second-quarter revenue of $1.22 billion, off from the year-earlier $1.42 billion (calculated on a pro-forma basis). Profits were $15.1 million, or 4 cents per share, compared with the year-ago $176.3 million, or 50 cents. The results matched the 30-analyst consensus estimate. ...
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