Stocks to Watch, Feb. 1: Google, Time Warner, Boeing, and Starbucks

Among the companies whose shares are expected to see active trade in Wednesday's session are Google Inc., Time Warner Inc., Boeing Co., Starbucks Corp. and Anheuser-Busch Cos.

Anheuser-Busch Cos. (BUD) is expected to report fourth-quarter earnings of 27 cents a share, according to analysts polled by Thomson First Call.

Boeing Co. (BA) is seen posting a fourth-quarter profit of 45 cents a share.

Duke Energy Corp.'s (DUK) fourth quarter is expected to show a per-share profit of 36 cents a share.

HCA Inc. (HCA) is expected to post earnings of 69 cents a share in its fourth quarter.

JDS Uniphase Corp. (JDSU) is seen posting breakeven results on a per-share basis in its fiscal second quarter.

Monster Worldwide Inc.'s (MNST) fourth-quarter results are expected to show earnings of 28 cents a share.

PepsiAmericas Inc. (PAS) is expected to report a fourth-quarter per-share profit of 28 cents.

Pulte Homes Inc. (PHM) is seen posting earnings of $1.97 a share in its fourth quarter.

Starbucks Corp.'s (SBUX) fiscal first-quarter earnings are expected to be 20 cents a share.

Time Warner Inc. (TWX) is expected to report a fourth-quarter profit of 22 cents a share.

Tribune Co. (TRB) is seen posting earnings of 56 cents a share in its fourth quarter.

After Tuesday's closing bell, Google Inc. (GOOG) said fourth-quarter profit rose 82%. However, its earnings excluding certain charges fell well short of Wall Street estimates, hurt by a higher-than-expected tax rate. See full story. See After Hours column.

Watch List

Ace Ltd. (ACE) reported a 15% drop in fourth-quarter net income after the Bermuda-based insurer and reinsurer was hit by further losses from last year's unprecedented hurricane season. See full story.

Allstate Corp. (ALL) reported fourth-quarter profit that fell below analyst estimates as the insurer absorbed more costs from last year's unprecedented hurricane season. See full story.

Archipelago Holdings (AX) , which absorbed $34.7 million in merger costs, reported a $7.6 million loss in its last full quarter as an independent company. See full story.

Arthur J. Gallagher (AJG) said fourth-quarter profit declined 85%. Net income was $7.5 million, or 8 cents a share, vs. $49.1 million, or 52 cents a share, a year earlier, the insurance broker reported. Revenue was $376.1 million vs. 373.4 million, the company added.

Atmel Corp. (ATML) reported fourth-quarter net earnings of $53.8 million, or 11 cents a share. Last year, the semiconductor maker lost $7.1 million, or 1 cent a share. Revenue came in at $425.2 million compared with $408.3 million last year. Analysts surveyed by Thomson First Call were expecting Atmel to post a per-share loss of 1 cent on revenue of $428 million.

Vaccine vendor Chiron Corp. (CHIR) reported improved fourth-quarter earnings. See full story.

Chubb Corp. (CB) reported profit that topped analyst estimates. Net income came in at $614 million, or $2.92 a share, vs. $468 million, or $2.39 a share, in the fourth quarter of 2004, the insurer reported. Operating income, which excludes net realized investment gains and losses, reached a record $493 million, or $2.34 a share, in the period. That was ahead of the average estimate of 23 analysts in a Thomson First Call poll who were expecting profit of $2.14 a share. Chubb forecast 2006 operating income per share in the range of $8.60 to $9.00 a share.

Apartment real estate investment trust Equity Residential (EQR) said fourth-quarter funds from operations, a common profitability measure for REITs, rose from the year-ago period. See full story.

Flextronics International (FLEX) reported a third-quarter profit that fell 57% from a year ago due to more charges coming from restructuring efforts as well as a decline in overall sales. See full story.

Jones Lang LaSalle Inc. (JLL) reported fourth-quarter net earnings of $66.9 million, or $2.11 a share, up 34% from $50 million, or $1.62 a share. Revenue rose 21% to $499 million from $412.4 million a year ago, said the real estate and money management services provider.

Maxtor Corp. (MXO) cut its fourth-quarter loss by almost 80% as the company shipped almost 14 million disk drives and recorded gains from the sale of property and other investments. See full story.

Pixelworks Inc. (PXLW) reported a fourth-quarter net loss of $35.9 million, or 75 cents a share. Last year, the integrated circuits maker posted a profit of $4 million, or 8 cents a share. Its loss on a pro forma basis was $32 million, or 67 cents a share. Revenue rose to $43.3 million from $38.5 million last year. Pixelworks forecast a first-quarter net loss of 19 cents to 22 cents a share and a pro forma loss of 8 cents to 11 cents a share. It sees first-quarter revenue of $39 million to $43 million and a net gross profit margin of 40% to 42%.

Powerwave Technologies Inc. (PWAV) said fourth-quarter net income was $19.2 million, or 15 cents a share. During the same period last year, the Santa Ana, Calif.-based wireless technology company reported a net loss of $41.5 million, or 41 cents a share. PowerWave reported quarterly revenue of $258.7 million, compared with $156.4 million last year. Analysts polled by Thomson First Call had expected quarterly revenue of $262 million.

SigmaTel Inc. (SGTL) reported fourth-quarter net earnings of $4.65 million, or 12 cents a share, down 76% from $19.5 million, or 52 cents a share, last year. Pro forma net income was $6 million, or 16 cents a share, while revenue rose to $82 million from $78.6 million. Analysts polled by Thomson First Call had forecast earnings of 15 cents a share on revenue of $84 million. The Austin, Texas-based semiconductor company forecast a first-quarter loss of 10 cents to 17 cents a share, or a penny to 8 cents a share on a pro forma basis, on revenue of $52 million to $60 million. Analysts are looking for a first-quarter per-share profit of 10 cents a share on revenue of $76 million.

Symantec Corp. (SYMC) said its quarterly net profit sank, weighed down by charges following its big acquisition of Veritas Software. See full story.

Vulcan Materials Co. (VMC) reported a 6% higher fourth-quarter profit, pinning the improvement on higher product prices and stronger sales. See full story.

Zhone Technologies Inc. (ZHNE) reported a fourth-quarter net loss of $107.2 million, or 73 cents a share, compared with a net loss of $3.84 million, or 4 cents a share, during the same period a year ago. Pro forma earnings were a penny a share for the quarter. The Oakland, Calif.-based communications equipment company posted revenue of $53.2 million vs. $28.1 million.