SBUX) was also among the late winners after the Seattle coffee shop said chairman Howard Schultz, who founded the company, will once again
take the reins as CEO. He replaces the departing Jim Donald. Shultz laid out a number of plans for the company, including the slowing of U.S. store openings and an acceleration of international expansion. Shares were jumping 8.8% to $20. On the other hand, electronics retailer Circuit City ( CC) lost 4.3% after saying December same-store sales dropped 11.4% compared with last year, including a slight positive offset from an improved international showing. Total sales for the month slid 8.9% to $1.92 billion. In light of those results, the company reiterated fourth-quarter guidance for a "modest" pretax loss. Shares of the Richmond, Va., company were off 18 cents to $4.03 in recent extended trading.
Elsewhere, Immucor ( BLUD), which makes products that test human blood for transfusion, lost ground after fiscal second-quarter results weren't up to snuff. The Norcross, Ga.-based company's earnings jumped 14.6% year over year to $16.2 million, or 23 cents a share, but came in a penny per share under the average analyst estimate from Thomson Financial. Shares were recently down $2.99, or 9.1%, to $30 following some choppy trading. Lawson Software ( LWSN)
topped estimates for the fiscal second quarter, but the maker of business application software also pegged next-quarter earnings at a subpar range of 7 cents to 8 cents a share, on a non-GAAP basis. Wall Street is seeking 9 cents a share. For the fiscal second quarter, Lawson achieved a penny beat with a profit of 9 cents a share. The St. Paul, Minn., company's stock was ticking down 0.8% at $9.42.