And you thought earnings season was over.
dropped by as much as 2 11/16 to 41 3/8 in after-hours trading following the PC maker's first-quarter earnings report, which was in line with the 31-analyst
outlook for 16 cents a share. Dell earned 11 cents in the year-ago period.
, meanwhile, lifted as high as 65 1/2 in after-hours trading from a close of 63 1/8. The semiconductor equipment maker posted second-quarter earnings of 36 cents a share, topping the 25-analyst view of 27 cents but falling below the year-ago 37 cents.
picked up 2 9/16 to 115 1/2 in late trading after announcing a 2-for-1 stock split and a narrower-than-expected loss for its third quarter. The Internet media network recorded a quarter loss of 2 cents a share before goodwill amortization, a penny narrower than the 19-analyst forecast and narrower than the year-ago loss of 11 cents.
Earlier today, the company said it was acquiring a stake in online auction company
. Lycos will have auctions on its sites in "a matter of months, not quarters," said Vice President Ron Sege.
Chicago Board of Trade
directors voted to pursue a new alliance with Europe's electronic
futures exchange just four months after the CBOT defeated a previous plan to link the futures exchanges.
In other postclose news (earnings estimates from First Call; earnings reported on a diluted basis unless otherwise specified):
Earnings/revenue reports and previews
posted a fourth-quarter loss of 82 cents a share, including a 13-cent charge for impairment of long-lived assets. The 12-analyst estimate called for an operating loss of 62 cents vs. the year-ago loss of 25 cents.
said it sees second-quarter earnings falling about 12 cents a share below the five-analyst forecast for 71 cents due to performance at its
health care products unit. The company made 66 cents in the year-earlier period.
said it expects to achieve 30% growth in its 1999 earnings to about $1.92 a share. The 23-analyst view calls for annual earnings of $1.93 vs. the year-ago $1.48.
In other earnings news:
Mergers, acquisitions and joint ventures
received notification of early termination of the Hart-Scott-Rodino antitrust waiting period for its $750 million acquisition of
ABR Information Services
Ever-expanding Internet auction site
said it will acquire
, a collector-automobile vendor, and
, an Internet credit-card payment company. eBay will issue about $275 million in stock to pay for the purchases.
Federal Trade Commission
granted it early termination of a waiting period for its planned $300 million buyout of
Dames & Moore
approved the spinoff of its
unit, effective at the end of the year.
Dave & Buster's
said its stock will be listed on the
New York Stock Exchange
under the symbol DAB, starting June 4.
announced plans to launch a multilingual global technology "megasite" devoted solely to technology news, products and services.
said its president and CEO, Tom McPartland, resigned.
Staff reporter George Mannes contributed to this story