Krispy Kreme

(KKD)

said fourth-quarter total company revenue rose 40.3% to $114.9 million. Additionally, the company said it was comfortable with its earnings guidance of 44 cents a share in 2002 and 61 cents a share in 2003. Also, the company will no longer finance its new manufacturing and distribution facility in Illinois with a synthetic lease. The company will instead use conventional, on balance sheet financing on the $35 million facility. The doughnut maker said its banks have approved conventional financing for the facility.

Earnings Reports & Outlooks

Blockbuster

(BBI) - Get Report

posted fourth-quarter earnings, excluding items, of 35 cents a share, beating the consensus expectation by 7 cents. According to generally accepted accounting principles, the company lost 3 cents. Revenue rose to $1.36 billion from $1.34 billion. In 2002, the company expects to open about 300 company-operated stores and achieve double-digit growth in earnings before interest, taxes, depreciation and amortization.

Borland

(BORL)

reaffirmed its guidance for the first quarter and fiscal 2002. The company expects earnings of 7 cents to 9 cents in the first quarter. The consensus forecast is 8 cents. The company also said it knows of no reason for the decline in its stock price Monday, when the shares dropped 17%.

Concord EFS

(CEFT)

reported fourth-quarter earnings of 17 cents a share, in line with the consensus estimate. Revenue rose 18% to $473.6 million.

Deere

(DE) - Get Report

lost 16 cents a share in the first quarter, topping the consensus forecast by 8 cents. Revenue fell 7% from a year ago to $2.52 billion.

Analyst Actions

Thomas Weisel upgraded the electronics manufacturing services sector to overweight from market weight. The firm raised its rating on

Jabil Circuit

(JBL) - Get Report

to strong buy from buy and upgraded

Sanmina-SCI

(SANM) - Get Report

to buy from attractive.

Offerings

Amylin Pharmaceuticals

(AMLN)

priced an offering of 10.5 million shares at $8 each.

Miscellaneous News

Overture Services

(OVER)

signed an agreement through at least 2003 to provide its search results to

Microsoft's

(MSFT) - Get Report

MSN. Separately, Goldman Sachs added Overture to its recommended list, upgrading the company from market outperform.