$4.28 billion acquisition of
. AOL lifted to 96 1/8 from a close of 95 13/16 in after-hours trading; Netscape was up to 85 1/2 from a close of 84 7/8.
, which claims the AOL/NSCP deal renders the feds' antitrust case against it irrelevant, lowered to 160 1/60 from 160 3/16 in after-hours trading.
In other postclose news (earnings estimates from
; earnings reported on a diluted basis unless otherwise specified):
Earnings/revenue reports and previews
said its first-quarter earnings will be "significantly" below the three-analyst forecast for 52 cents a share because of construction delays in Arizona. The company earned 26 cents in the year-ago period.
said it closed its
unit, which it hopes will help annual earnings by about $2 million.
St. John Knits
reported first-quarter earnings of 34 cents a share, 2 cents below the two-analyst outlook and behind the year-ago 54 cents.
said it expects first-quarter results to fall 2 cents or 3 cents below the two-analyst estimate for 18 cents a share due to weakness in the nutritional supplements market in North America. In the year-ago quarter, the company made 14 cents.
Mergers, acquisitions and joint ventures
said it's exploring strategic alternatives, including issuing more stock, mergers, acquisitions, sales or joint ventures. The company said it's already in talks with unnamed consumer products companies.
Dutch electronics group
said it seeks to remove the board of
to force the company to consider its hostile $777 million bid.
Offerings and stock actions
Park Place Entertainment
approved the repurchase of up to 8 million shares.
Ecuador's central bank head and three other board directors resigned in disagreement with President Jamil Mahuad's handling of the nation's financial crisis.
In a move aimed at unseating the current board of
RJR Nabisco Holdings
and spinning off the company's food business, financier Carl Icahn unveiled his nine nominees. In addition to himself, Icahn selected Jerome Becker, Harold First, Seymour Fliegal, Russell Glass, Martin Hirsch, Robert Mitchell, Felix Pardo and Jack Wasserman.
named Dani Bolognesi chief executive, replacing M. Ross Johnson.