Early Stocks in Motion

Hewlett-Packard jumping in the premarket.
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Nextel Partners

(NXTP)

rose 4% after

TheStreet.com

reported that

Sprint Nextel

(S) - Get Report

is nearing a deal to acquire the company for about $30 a share. Sprint's CFO Paul Saleh downplayed the scenario, but people familiar with the company say negotiations are under way to bring the deal to a quick resolution. Nextel Partners was recently up $1.21 to $27.32.

Hewlett-Packard

(HPQ) - Get Report

posted a profit of $73 million, or 3 cents a share, for the third quarter ended July 31, vs. $586 million, or 19 cents a share, a year ago. The latest quarter's results include $960 million in taxes related to the repatriation of overseas earnings. Excluding items, the company earned 36 cents a share. Revenue for the quarter was $20.8 billion. Analysts expected earnings of 31 cents a share on revenue of $20.5 billion. The stock was recently up about 8.5% on Instinet.

Abercrombie & Fitch

(ANF) - Get Report

reported earnings of $57.4 million, or 63 cents a share, for the second quarter ended July 30, compared with $42.9 million, or 44 cents a share, a year ago. Revenue for the quarter was $571.6 million. Analysts expected a profit of 69 cents a share on revenue of $563.5 million, according to Thomson First Call. For the year, Abercrombie expects to earn $3.10 to $3.30 a share, below the $3.38-a-share Wall Street consensus. The stock fell 7% on Instinet.

Wilsons The Leather Experts

(WLSN)

reported a loss of $14 million, or 36 cents a share, on revenue of $58.4 million for the second quarter ended July 30. That compares with a loss of $30.4 million, or $1.14 a share, on revenue of $55.3 million a year ago. The specialty retailer said same-store sales increased 8.7% vs. an increase of 11% in the same period last year. The stock was unchanged at $6.70.

Photronics

(PLAB) - Get Report

reported a profit of $14.8 million, or 35 cents a share, on revenue of $114.9 million for the third quarter ended July 31. This compares with a profit of $8.4 million, or 23 cents a share, on revenue of $103.7 million a year ago. Analysts polled by Thomson First Call expected a profit of 30 cents a share on revenue of $116.8 million. The stock was down $1.28, or 5.12%, to $23.70 in after-hours trading.

Books-A-Million

(BAMM)

said it earned $1.7 million, or 10 cents a share, for the second quarter ended July 30, vs. $1 million, or 6 cent a share, a year ago. Revenue for the quarter increased 7.9% to $122.4 million from $113.5 million last year. The one analyst polled by Thomson First Call expected a profit of 10 cents a share on revenue of $123.4 million. For the third quarter, the book retailer expects to report a loss of a penny to 3 cents a share, which is slightly better than Wall Street's forecast of a loss of 5 cents a share. The company also announced that its board has approved a 5-cent quarterly dividend, which will be payable on Sept. 13 to shareholders of record as of Aug. 30. The stock was up a penny, or 0.1%, to $10.08 in after-hours trading.

Applied Materials

(AMAT) - Get Report

posted a profit of $370 million, or 23 cents a share, on sales of $1.63 billion, for the third quarter ended July 31. This compares with earnings of $441 million, or 26 cents a share, on sales of $2.24 billion a year ago. Included in the latest results was a favorable tax adjustment of $132 million, or 8 cents a share. Analysts expected earnings of 14 cents a share on revenue of $1.64 billion. The stock was up 58 cents, or 3.38%, to $17.75 in after-hours trading.

Nordstrom

(JWN) - Get Report

traded higher after hours when it beat Wall Street's earnings forecast. For the second quarter ended July 30, the company earned $149 million, or 53 cents a share, vs. $107 million, or 37 cents a share, a year ago. Revenue for the quarter was $2.1 billion. Analysts expected earnings of 48 cents a share on revenue of $2.09 billion, according to Thomson First Call. For the year, Nordstrom expects to earn $1.80 to $1.90 a share, which is up from its previous guidance of $1.70 to $1.75 a share. Wall Street was forecasting $1.77 a share. The stock was up $1.23, or 3.95%, to $32.35 in after-hours trading.