warned that it expects to report "near break-even" fourth-quarter earnings, missing the two-analyst
profit estimate of 31 cents a share and the year-earlier 27 cents. The company cited order delays.
Separately, Electromagnetic Sciences agreed to buy the satellite products unit of Toronto-listed
for about $30 million.
In other news (earnings estimates from First Call):
Earnings/revenue reports and previews
warned that it expects to report a fourth-quarter loss of 13 cents to 16 cents a share, missing the eight-analyst estimate of a 5-cent profit and down from the year-ago profit of 14 cents. The company cited reduced spending for seismic services among its oil and gas customers.
expects to take an unspecified fourth-quarter charge to write down its investment in privately held
. The book value of Vencor's stake in Behavioral is $63 million. The 11-analyst expectation calls for operating earnings of 2 cents a share vs. the year-earlier 7 cents.
Offerings and stock actions
Wilshire Real Estate
set a buyback of up to 1 million shares.
will change its symbol to the more intuitive CNET effective Monday.