Stocks to Watch: TMP Won't Raise HotJobs Bid, United Auto Guides Up

TMP Worldwide

(TMPW)

won't increase its offer to acquire

HotJobs.com

(HOTJ)

, effectively clearing the way for

Yahoo!

(YHOO)

to try to complete its own bid for the company. TMP, the owner of rival online job-hunting site Monster.com, had agreed in June to acquire the company, but earlier this month Yahoo! came in with a rival bid that valued HotJobs at $436 million in cash and stock.

Earnings Reports & Outlooks

SBS Technologies

(SBSE)

expects to lose between $8.5 million and $10 million in the second quarter on sales that are at the low end of its previous guidance. The company said its loss will include an inventory writedown of up to $7 million for products primarily in its communications business. The quarter ends Dec. 31.

United Auto Group

(UAG) - Get Report

said it will easily beat Wall Street's earnings consensus estimate for the fourth quarter on strong growth in same-store sales and unit volume. The Detroit auto dealer said its fourth-quarter earnings will be 4 cents above the current estimate of 27 cents, reflecting double-digit growth in same-store sales and strength in sales of foreign cars. For the full year, the company expects to earn $1.30 a share.

Miscellaneous News

Biotransplant

(BTRN)

said a Phase I/II trial using its AlloMune system demonstrated encouraging antitumor results in a majority of patients afflicted with end-stage refractory lymphoma.

Cardiac Science

(DFIB)

said it will provide a number of airports across the nation with automated external defibrillators. In total, the airports initially purchased more than 150 units.

Stewart & Stevenson's

(SSSS) - Get Report

tactical vehicle systems unit received a $374 million contract from the U.S. Army. The agreement includes 2,400 trucks and more than 500 trailers.