A federal judge ruled that Microsoft (MSFT) - Get Report broke federal antitrust law by abusing its monopoly in PC operating systems. Judge Thomas Penfield Jackson said the software maker violated key parts of the Sherman Antitrust Act. The finding will lead to consideration of penalties, including a possible breakup of the company.
Microsoft said it would eventually appeal the judge's ruling and expressed confidence that it would prevail in the case. Earlier today, the stock fell sharply on news that settlement talks in the antitrust case had
ended this past weekend. After the close, the stock ticked higher on
, up 2 3/64 to 92 59/64.
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earnings estimates from First Call/Thomson Financial; earnings reported on a diluted basis unless otherwise specified
Earnings/revenue reports and previews
warned it sees first-quarter earnings below expectations, citing higher acrylic costs and a drop in absorbent polymer sales. The company said it expected earnings to be flat with the year-ago results, or 34% below the single-analyst estimate of 32 cents a share.
said it sees a first-quarter loss of 2 cents to 4 cents a share, excluding charges. The eight-analyst expectation was for the company to break even. BindView attributed the shortfall to general softness in the company's international performance.
reported third-quarter earnings of 18 cents a share, beating the three-analyst estimate of 16 cents. The year-ago loss of 18 cents a share included items.
said it sees first-quarter earnings above 18 cents a share, excluding goodwill costs. The five-analyst estimate currently calls for 16 cents a share. Remedy said it will merge its global sales and service management groups.
Offerings and stock actions
said it postponed its May 10 annual shareholder meeting to prepare for a special meeting at which shareholders will vote on the company's recapitalization plan.