surged 22.7% after cell-phone maker
announced it would buy the broadband networking developer for about $208 million. The deal amounts to $7 a share, a 25% premium over Netopia's Monday closing price. Separately, the Emeryville, Calif.-based company reported a third-quarter loss of $1.5 million loss, or 6 cents a share, compared with a loss of $1.3 million, or 5 cents a share, a year ago. Shares were trading up $1.27 to $6.86.
shares bounced after the staffing-management software developer sharply cut its third-quarter losses and increased its revenue. The Dublin, Calif.-based company posted a loss of $757,000, or 4 cents a share, compared with a loss of $1.6 million, or $16.74 a share, a year ago. Revenue was up 25% to $24.9 million. Shares rose 93 cents, or 8.5%, to $11.94.
gained after the video-rental chain posted a third-quarter revenue gain. The Dothan, Ala., company said revenue for the quarter ended Oct. 1 rose 1.8% from a year ago to $583 million, beating the $556 million estimate. Same-store revenue fell 0.4%, with a 3% gain at Movie Gallery stores offset by a 1.9% decline at Hollywood Video stores. The company also said it is postponing the reporting of its third-quarter net income and the filing of its quarterly report to review its lease accounting. Shares were up 23 cents, or 9.7%, to $2.60.
tumbled after it announced that it expects a loss in the range of 16 cents to 20 cents a share for the quarter ended Oct. 31. The Bentonville, Ark.-based company expects a charge of 28 cents a share due to an increase in the allowance for credit losses related to its finance receivables. Without the charge, the company would have a profit of between 8 cents and 12 cents a share. Still, analysts polled by Thomson Financial were expecting earnings of 31 cents a share. Shares were down $2.96, or 20.6%, to $11.39.
dropped after it swung to a third-quarter loss. The water-treatment system developer posted a loss of $781,000, or 4 cents a share, compared with a profit of $812,000, or 6 cents a share, a year ago. Revenue increased slightly to $4.84 million from $4.80 million a year ago. Shares were down $1.24, or 14.3%, to $7.42.
plummeted after the company broadened its third-quarter losses. The Canadian mining company posted a $2.9 million loss, or 4 cents a share, compared with a loss of $1.2 million, or 1 cent a share, a year ago. Shares were down 80 cents, or 18.3%, to $3.56.
fell after the Dallas-based technical-services provider swung to a third-quarter loss of $3.3 million, or 10 cents a share, on revenue of $60.3 million. A year ago, Xanser earned $41,000 on revenue of $40.4 million. Shares were down 63 cents, or 11.2%, to $5.