said it is contemplating a possible sale, after an ongoing dispute with a group of protesting shareholders over control of the company. Birmingham said its board gave the go-ahead for its management and financial advisor,
Credit Suisse First Boston
, to consider strategic options.
Island ECN, owned by Datek Online, offers trading, mainly in Nasdaq-listed stocks, from 8 a.m. to 8 p.m. EST.
MarketXT, formerly Eclipse Trading, offers after-hours trading to retail clients of Morgan Stanley Dean Witter's (MWD) Morgan Stanley Dean Witter Online and Mellon Bank's (MEL) Dreyfus Brokerage Services. Clients can trade 200 of the most actively traded New York Stock Exchange and Nasdaq Stock Market issues, 4:30 p.m. to 8 p.m. EST Monday through Thursday.
explains how the rules change when the sun goes down in Investing Basics: Night Owl, a section devoted to after-hours trading.
Patrick M. Fitzgibbons
In other post-close news (earnings estimates from
First Call/Thomson Financial
; earnings reported on a diluted basis unless otherwise specified):
Mergers, acquisitions and joint ventures
said it will be bought by
, in a deal valued at $57.9 million.
Offerings and stock actions
New York Stock Exchange
said that ADRs of
will be halted on at 11:30 a.m. EST on Friday for a company statement about its tender offer.
said it cannot explain the recent decline in its stock price and said that it is on track to meet its fourth-quarter seven-analyst estimate of 24 cents a share and its fiscal 2000 estimate of $1.25 a share.