Everything's looking really rosy for
(EFTD:Nasdaq) as analysts predict investors will be drawn to the concept of dot-com flower power.
tonight priced 6 million shares of 1-800-Flowers.com at $21 each, above the expected range of $16 to $18.
The lead underwriter for FTD.com's offering, expected later this week, is
, which has set a range of $13 to $15 a share for the 5.5 million-share deal. Observers are optimistic about a blooming public reception for both companies, according to
, though some are leaning towards 1-800-Flowers because of its high profile and hefty sales.
In other IPO news,
Hambrecht & Quist
priced 5 million shares of
(QUOT:Nasdaq), an Internet-based insurance service in Darien, Ill., top-range at $11 each.
In other postclose news (earnings estimates from
; earnings reported on a diluted basis unless otherwise specified):
Earnings/revenue reports and previews
reported a second-quarter loss of 16 cents a share, narrower than the six-analyst estimate of a loss of 27 cents and lower than the year-ago profit of 1 cent.
reported fiscal fourth-quarter earnings of 66 cents a share, in line with the nine-analyst estimate and up from 55 cents a year ago.
said its second-quarter earnings were $1.22 a share, ahead of the 12-analyst estimate of $1.12 and up from $1.15 a year ago.
reported second-quarter earnings of 29 cents, a penny better than the three-analyst view and up from 25 cents a year ago.
reported a second-quarter loss of 55 cents a share, wider than the two-analyst estimate of a loss of 2 cents and lower than the year-ago profit of 7 cents.
reported second-quarter earnings of 60 cents a share, 1 cent better than the seven-analyst estimate and up from 52 cents a year ago.
, a discount store chain, said it will take a charge of 5 cents a share for the second quarter ended Saturday, for physical inventory adjustment.
reported second quarter earnings of 40 cents a share, in line with the 12-analyst outlook and up from 33 cents a year ago.
reported second-quarter earnings of 88 cents, a penny less than the four-analyst estimate and up from 77 cents a year ago.
reported second-quarter earnings of 23 cents a share, in line with the six-analyst expectation and up from 14 cents last year.
reported a second-quarter loss of 72 cents a share, a penny wider than the one-analyst estimate but narrower than the year-ago loss of $1.85.
reported second-quarter earnings of 50 cents a share, even with both the eight-analyst estimate and the year-ago figure.
reported a second-quarter loss of 16 cents a share, a penny narrower than the three-analyst estimate but wider than last year's pro forma 14-cent loss. Figures were reported on a pro forma basis as the company went public in May. All figures were reported on a pretax basis, with no after-tax figures provided.
reported break-even second-quarter results, worse than the 11-analyst forecast of a profit of 6 cents a share but up from a loss of 4 cents last year.
said its second quarter income was 92 cents a share, ahead of the 13-analyst expectation of 90 cents, and up from 83 cents a year ago.
reported second-quarter earnings of 41 cents a share, beating the eight-analyst estimate of 39 cents and up from 34 cents a year ago.
reported second-quarter earnings of 1 cent a share, ahead of a five-analyst expectation of a break-even result and up from a year ago loss of 7 cents. The company said the year-ago EPS included a pretax restructuring charge of $6.6 million.
reported better-than-expected second-quarter earnings of 25 cents a share, ahead of the three-analyst estimate of 20 cents and up from 10 cents a year ago.
said it would take a third-quarter after-tax charge of $13.9 million, or 19 cents a share, to cover its portion of
one time charges. Unitrin owns approximately a 27% stake in Litton.
reported second-quarter earnings of 71 cents a share, worse than the 12-analyst estimate of 76 cents but up from 69 cents a year ago.
reported second-quarter earnings of 29 cents a share, in line with a four-analyst estimate and up from 20 cents a year ago.
reported third-quarter earnings of 35 cents a share, ahead of a lone analyst's prediction of 28 cents and up from 20 cents a year ago.
reported fiscal fourth-quarter earnings of 38 cents a share, a penny ahead of the seven-analyst estimate and up from 22 cents last year. The company said the year-ago figure included a charge for closing a distribution facility. Separately, in an effort to dispel rumors, the company said it was not for sale.
reported better-than-expected second-quarter earnings of 15 cents a share, ahead of an analyst's estimate of a 40-cent loss and up from a loss of 44 cents last year.
Mergers, acquisitions and joint ventures
said it has acquired
, a provider of customized financial information, for $20 million in cash and stock.
Offerings and stock actions
approved a 2-for-1 stock split effective Aug. 30, for shareholders of record Aug. 16. After the split, the company will have about 17 million shares outstanding.
said a depressed market for iron ore pellets would force it to idle three of its mines for different lengths of time. The company warned that 1999 sales would fall.
, an Internet service provider, said it was suing
, a low-priced PC maker, for allegedly failing to pay money owed under a deal to give customers a free year of Web access.
, an online community catering to U.S. Hispanics, said it ousted Jeffrey Peterson, one of its co-founders and its chief technology officer, and filed a lawsuit against him and one other employee.
said it reopened its refinery in Avon, Calif., following a five month closure after a fire in February.
New York advertising agency
Young & Rubicam
said it would appoint Tom Bell, 49, to the position of president and chief operating officer, adding the title of chief executive Jan. 1. Bell succeeds Chairman and CEO Peter Georgescu.