John J. Edwards III
After an exhausting week of economic data and Washington intrigue, the respite of the weekend awaits. Take a few post-close tidbits with you:
Federal Aviation Administration
has ordered airlines to make a series of modifications to the rudders of
737s to correct unsafe conditions. Rudder problems on the popular jet have been blamed for two crashes that killed a total of 157 people.
filed a lawsuit alleging patent infringement by
. At issue is a patent on titanium dioxide pigment.
advertising agency resigned from its account with
, citing philosophical differences. Something about
reported second-quarter earnings of 88 cents per share, 2 cents better than the
consensus expectation and up from the year-ago 81 cents.
reported a first-quarter operating loss of 5 cents per share, compared with a break-even quarter last year. First Call has no estimates on the company.
Bob Evans Farms
authorized a buyback of up to 1 million shares.
reported a fourth-quarter loss of $3.86 per share, better than the year-earlier operating loss of $15.01. First Call doesn't follow the company. Caldor said it received a commitment for an extension of a $450 million credit facility through June 15.