Intuit

(INTU) - Get Report

reported a loss of $20 million, or 11 cents a share, for the fourth quarter ended July 31, vs. a loss of $42.1 million, or 22 cents a share, a year ago. Revenue for the quarter increased 17% to $301.8 million from $258 million. Intuit credits the increase in revenue to a strong performance in its QuickBooks-Related segment.

Excluding items, the company had a loss of $14.7 million, or 8 cents a share. Analysts expected a loss of 10 cents a share on revenue of $281.9 million, according to Thomson First Call. For the first quarter, Intuit expects to report a GAAP loss of 38 cents to 43 cents a share and a non-GAAP loss of 30 cents to 35 cents a share.

The company sees revenue of $270 million to $285 million for the first quarter. Wall Street was forecasting a non-GAAP loss of 26 cents a share on revenue of $277 million. The stock was down 78 cents, or 1.68%, to $45.55.

TiVo

(TIVO) - Get Report

posted net income of $240,000, or less than a penny a share, for the second quarter ended July 31, reversing a loss of $10.8 million, or 13 cents a share, a year ago. TiVo reported service and technology revenue of $40.7 million. The company said it added 254,000 net new subscriptions for the quarter bringing the total subscriptions to almost 3.6 million. Analysts polled by Thomson First Call expected a loss of 4 cents a share on revenue of $40.7 million. For the third quarter, TiVo expects a net loss of $20 million to $25 million on service and technology revenue of $41 million to $43 million. The stock was down 35 cents, or 5.72%, to $5.77.

PetsMart

(PETM)

said it earned $35.7 million, or 24 cents a share, on revenue of $899.1 million for the second quarter ended July 31. This compares with net income of $29.1 million, or 19 cents a share, on revenue of $806 million. Analysts expected a profit of 22 cents a share on revenue of $905.2 million, according to Thomson First Call. PetsMart said same-store sales for the quarter increased 4.2% compared with an increase of 5.4% in the second quarter last year. For the third quarter, PetsMart sees same-store sales of 2% to 3%. The company also said it expects to earn 21 cents a share for the third quarter, which comes in lighter than the 26 cents forecasted by Wall Street. The stock was down $2.02, or 7.09%, to $26.49.

Michaels Stores

(MIK) - Get Report

made $30.8 million, or 22 cents, for the second quarter, vs. $26.7 million, or 19 cents a share, a year ago. Revenue for the quarter rose to $745.5 million from $683 million last year. Same-store sales for the quarter increased 4.2%. Analysts expected a profit of 22 cents a share on revenue of $751.45 million, according to Thomson First Call. For the third quarter, Michaels Stores expects earnings of 38 cents to 40 cents a share. The stock was down 23 cents to $36.58.

General Motors

(GM) - Get Report

saw its senior unsecured debt cut by Moody's Investors Services to Ba2 from Baa3 and its short-term rating was cut to Not Prime from Prime-3. Moody's also assigned a Ba2 corporate family rating and an SGL-1 speculative liquidity rating. General Motors Acceptance Corp. also saw its senior unsecured debt cut to Ba1 from Baa2, and its short-term rating to Not Prime from Prime-2. The stock was down 27 cents to $34.

Ford

(F) - Get Report

also saw its senior unsecured debt lowered by Moody's Investors Service to Baa3 from Ba1, and has tagged a Ba1 corporate family rating and an SGL-1 speculative grade liquidity rating. Ford also had its senior unsecured rating cut to Baa3 from Baa2. The stock was down 12 cents, or 1.21%, to $9.80 in after-hours trading.

Viewpoint

( VWPT) named Patrick Vogt chief executive. Vogt, who was already a member of the Viewpoint board, has run divisions of

Dell

(DELL) - Get Report

,

Hewlett Packard

(HPQ) - Get Report

and

Sony

(SNE) - Get Report

. The stock was up 12 cents, or 9.68%, to $1.36.

Coldwater Creek

(CWTR)

said it earned $7 million, or 11 cents a share, for the second quarter ended July 30, vs. $3.3 million, or 6 cents a share, a year ago. The retailer said revenue for the quarter increased 39% to $154.6 million. Analysts expected earnings of 8 cents a share on revenue of $139.25 million, according to Thomson First Call. The stock was up $1.75, or 6.7%, to $27.90.

Meritage Homes

(MTH) - Get Report

will acquire Greater Homes, a privately held builder of single-family and vacation homes in Orlando, Fla. The transaction is expected to close in early September. Terms of the deal were not disclosed. Greater Homes expects to close about 600 homes in 2005 at an average selling price of $267,000, resulting in home closing revenue of $160 million, according to the release. The stock was unchanged at $77.23.

Candela

( CLZR) reported net income of $3.2 million, or 14 cents a share, for the fourth quarter ended July 2, compared with net income of $4.3 million, or 19 cents a share, a year ago. The manufacturer and distributor of clinical solutions said revenue for the quarter was $38.6 million. The stock was down $1.23, or 10.95%, to $10.