Syneron Medical ( ELOS) was riding high after Procter & Gamble ( PG) agreed to commercialize and distribute the Israeli company's skin-enhancement products for treatment of wrinkles, age spots and cellulite. The at-home products will be sold under the Procter & Gamble label, to be co-branded with the patented elos (electro-optical synergy) technology. Financial terms weren't disclosed. Syneron shares were rising $2.21, or 8.8%, to $27.23. Procter & Gamble shares were dipping 45 cents to $63.99. Computer Task Group ( CTGX) said its fourth-quarter profit ratcheted up to $1.1 million, or 6 cents a share, on revenue of $78 million that dipped slightly year over year. Last year the information-technology company, based in Buffalo, N.Y., earned $676,000, or 4 cents a share. Shares were up 26 cents, or 6.1%, to $4.53. Tennessee's Astec Industries ( ASTE), which makes equipment for road building, mining and recycling, said income from operations more than quintupled to $7 million in the fourth quarter. Net profit came to $6.3 million, or 29 cents a share, compared with last year's $1 million, or a nickel a share. The Street targeted 22 cents a share. Sales were up 20.6% to $162.2 million, topping two estimates' $157.2 million average. Shares were adding $2.30, or 6%, to $40.67. Gambling-equipment maker Shuffle Master ( SHFL) fell on disappointing preliminary results for the first fiscal quarter. The Las Vegas-based outfit expects earnings to be "significantly lower" than year-ago earnings -- which, on a non-GAAP basis, were $7.2 million, or 20 cents a share. Wall Street is looking for only a penny-a-share dip to 19 cents a share. Sales, meanwhile, should grow to roughly $35 million to $38 million; but this, too, would miss the $49.6 million consensus. Shares were losing $3.91, or 15.9%, to $20.68.
Henry Bros. Electronics ( HBE) sliced its full-year 2006 per-share earnings outlook to a loss of 23 cents to 25 cents, accounting for an "unexpected" 20-cent noncash charge related to goodwill impairment. Previously, the Fair Lawn, N.J.-based security-products maker had projected profits between 10 cents and 12 cents a share. Revenue expectations remain steady at $40 million to $41 million, but shares were off 64 cents, or 11.4%, to $5. Oil-and-gas company Stone Energy ( SGY) swung to a heavy loss of $298.5 million, or $10.85 a share, from last year's profit of $26.4 million, or 96 cents a share. This loss is due to a charge of $330.5 million, or $12.01 a share, from higher-than-expected oil and gas property costs. Revenue rose 32% to $179.2 million; Wall Street was looking for an upside of 50 cents a share on $178.3 million in revenue. Shares were shrinking by $3.22, or 9.6%, to $30.45 Tuesday Morning ( TUES) was lower after the home-furnishing retailer said 2007 same-store sales will probably be flat to down 2%, with profits projected at 85 cents to 90 cents a share. The latter hangs at least 4 cents short of estimates; and sales, pegged at $975 million to $985 million, cover the mean but lean toward the lower end of the consensus. The Dallas-based company also reported lower fourth-quarter earnings of 57 cents a share, though this beat expectations by 3 cents. Drooping sales of $321.3 million were in line; same-store sales fell 9.8% from last year. The Dallas-based company was sliding $1.50, or 8.6%, to $15.90.