posted a third-quarter pro forma operating loss of 26 cents a share, 2 cents better than the 22-analyst
First Call/Thomson Financial
estimate of a 28-cent loss but wider than the year-ago loss of 8 cents a share. The company said revenues rose to $356 million from $154 million a year earlier. Amazon warned that gross profit margins are likely to fall as marketing expenses rise in the fourth quarter, although revenue should be significantly higher than the third quarter's.
reported on Amazon's results in a
story this evening. The stock was suffering in after-hours action (see below).
agreed to buy the
for about $1.7 billion in stock, in an effort to strengthen its video, voice and data delivery over different networks. C-Cube shareholders will receive 0.5427 shares of Harmonic stock for each share of C-Cube.
night. It crushed all other issues traded on
, on a whopping 436,788 shares. It led
. Why? The company released third-quarter results that beat expectations, but it said fourth-quarter losses might expand because of increased marketing spending.
Island ECN, owned by Datek Online, offers trading, mainly in Nasdaq-listed stocks, from 8 a.m. to 8 p.m. EDT. Prior to Sept. 15 Island offered trading from 8 a.m. to 5:15 p.m. EDT
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In other postclose news (earnings estimates from First Call/Thomson Financial; earnings reported on a diluted basis unless otherwise specified):
Earnings/revenue reports and previews
posted first-quarter loss of 15 cents a share, narrower than the two-analyst estimate of a 20-cent loss but down from the year-ago 4-cent profit.
posted fourth-quarter earnings of $1.08 a share including gains. The single analyst expectation was $1.09 a share, while the year-ago figure was 41 cents a share including items.
posted a fourth-quarter loss of 5 cents a share, matching the 10-analyst estimate but down from the year-ago profit of 3 cents.
posted first-quarter earnings of $1.30 a share, beating the three-analyst estimate of $1.28 but down from the year-ago $1.48.
posted a fourth-quarter loss of 54 cents a share, wider than the four-analyst estimate of a 52-cent loss but narrower than the year-ago $2.19 loss.
posted third-quarter earnings of 2 cents a share including a gain on investments. The seven-analyst estimate was for a loss of 7 cents a share, while the year-ago earnings were $1.95 a share, also including gains.
posted third-quarter earnings of 29 cents a share, in line with the 11-analyst estimate and up from the year-ago 26 cents.
posted a third-quarter loss of 36 cents a share, narrower than the two-analyst expected loss of 78 cents and the year-ago loss of 39 cents. The company said per-share figures were computed on a pro forma diluted basis, assuming conversion of preferred stock from the original date of issuance and giving effect to the 1-for-2 reverse stock split effected in connection with ImageX.com's August IPO.
reported fourth-quarter earnings of 64 cents a share, beating both the four-analyst estimate of 59 cents and the year-ago 45 cents.
posted third-quarter earnings from core operations of $1.77 a share excluding items, missing the four-analyst estimate of $2.06 and the year-ago $2.01.
reported third-quarter operating net of 9 cents a share, beating the five-analyst expectation that the company would break even and the year-ago break-even result, which the company notes was antidilutive.
reported third-quarter earnings of 1 cent a share including a gain. The single-analyst estimate was for break even results, while the year-ago earnings were 64 cents a share.
reported a second-quarter loss of 18 cents a share, narrower than the two-analyst estimate of a 27-cent loss and the year-ago 29-cent loss.
U.S. Food Service
posted a first-quarter profit of 23 cents a share, beating the 12-analyst estimate of 22 cents and the year-ago 18 cents.
posted third-quarter earnings of 66 cents a share, beating the seven-analyst estimate of 57 cents and the year-ago 42 cents.
reported a third-quarter loss of 14 cents a share, narrower than the two-analyst expected loss of 21 cents but wider than a year-ago pro forma loss of 4 cents a share.
In other earnings news:
Mergers, acquisitions and joint ventures
said it signed a five-year memory chip supply deal with
. Though terms were not disclosed, the deal was structured similarly to a pact Micron reached with
that analysts estimated to be worth up to $20 billion over five years, according to
Offerings and stock actions
priced the 6.25 million-share IPO of
at $13 a share, above the expected range of $10 to $12.
said it bought back 3.5 million shares, or 11.7% of its outstanding common stock.
Morgan Stanley Dean Witter
priced 10 million shares of
at $18 a share, above the expected $15-to-$17 estimated range.
El Al Israel Airlines
said it agreed to purchase three 777-200ER aircraft from
for $400 million. El Al also said it plans to buy three or four A330's from
for about $400 million but that a further two-week evaluation was required.
A unit of
was awarded a major U.S. military communications contract for Asia and the Pacific region that could be worth up to $4 billion over 10 years.