SAN FRANCISCO – Among the companies whose shares are expected to see active trade in Thursday's session are Hewlett-Packard Co., Applied Materials Inc., Dell Inc. and Target Corp.
Baker Hughes Inc. (BHI) is expected to report a fourth-quarter profit of 73 cents a share, according to analysts polled by Thomson First Call.
Celanese Corp. (CE) is seen posting fourth-quarter earnings of 54 cents a share.
DaimlerChrysler AG's (DCX) fourth-quarter results are expected to show a per-share profit of $1.16.
Dell Inc. (DELL) is expected to report a profit of 41 cents a share in its fourth quarter.
Goodyear Tire & Rubber (GT) is seen posting per-share earnings of 25 cents a share in its fourth quarter.
Intuit Inc.'s (INTU) fiscal second-quarter profit is expected to be 95 cents a share.
Nvidia Corp. (NVDA) is expected to post fourth-quarter earnings of 49 cents a share.
Priceline.com's (PCLN) fourth-quarter earnings are expected to be 27 cents a share.
Target Corp. (TGT) is seen posting a per-share profit of $1.05 in its fourth quarter.
Weight Watchers International Inc. (WTW) is expected to post a profit of 37 cents a sharing its fourth quarter.
After Wednesday's closing bell, Hewlett-Packard Co. (HPQ) reported a fiscal first-quarter profit that rose 30% as the technology giant benefited from restructuring efforts and higher personal-computer sales. See full story. See After Hours column.
Applied Materials Inc. (AMAT) said first-quarter profit fell 51%, hurt by stock option expenses and other charges, while sales rose more than expected. See full story.
Biogen Idec Inc. (BIIB) reported fourth-quarter earnings that jumped 94% from a year ago. See full story.
CyberOptics Corp. (CYBE) reported fourth-quarter net earnings of $5.2 million, or 58 cents a share, compared with $794,000, or 9 cents a share, a year ago. The Minneapolis-based company said the result included non-cash income of $3.7 million from the reversal of its valuation allowance on deferred tax assets. Revenue rose to $12.1 million from $11.2 million a year ago.
Bankrupt Delta Air Lines (DALRQ) said that renegotiated terms for 88 leased planes have been approved by the court overseeing the company's restructuring, a move that will save the carrier about $200 million a year. See full story.
DTE Energy Co. (DTE) said it tripled its fourth-quarter profit, with higher natural gas prices and deferred earnings from its synthetic fuels business accounting for most of the gains. See full story.
Expedia Inc. (EXPE) reported fourth-quarter net earnings of $25.2 million, or 7 cents a share, down 43% from $44.1 million, or 13 cents a share, in the year-ago period. Excluding certain items, earnings came in at 20 cents a share compared with 27 cents last year. Revenue at the Bellevue, Wash.-based travel services company rose 13% to $494.7 million from $439 million while gross bookings rose 17%. Gross margin was 77.7%. Analysts polled by Thomson First Call had forecast revenue of $505 million.
Forest Laboratories Inc. (FRX) raised its fiscal 2006 research and development spending forecast to $405 million from $280 million following the completion of two in-licensing transactions. As a result, the New York-based drug company expects fourth-quarter and fiscal 2006 earnings to be reduced by 29 cents a share.
Gen-Probe Inc. (GPRO) said fourth-quarter net income was $16.8 million, or 32 cents a share, compared with $12 million, or 23 cents a share, during the same period last year. Analysts polled by Thomson First Call had expected per-share income of 30 cents. The San Diego, Calif.-based medical diagnostics company said quarterly revenue was $88 million, compared with $68.5 million last year. Analysts were looking for revenue of $78 million.
Macrovision Corp. (MVSN) reported fourth-quarter net earnings of $4.5 million, or 9 cents a share, compared with $15.8 million, or 31 cents a share, a year ago. Earnings on a pro forma basis were $18.5 million, or 36 cents a share. The software company said revenue was $61 million vs. $60 million last year. Analysts surveyed by Thomson First Call expected Macrovision to post earnings of 28 cents a share on revenue of $60 million. The company also said it has agreed to acquire privately held eMeta Corp. for $35 million in cash
Network Appliance Inc. (NTAP) said fiscal third-quarter profit rose 27%, as the company sold more of its newest network storage products. See full story.
Office Depot Inc.'s (ODP) fourth-quarter profit more than doubled and revenue gained 7% thanks to brisk sales in North America, along with an extra week in its fiscal year that more than offset a currency-fueled decline overseas. See full story.
Oracle Corp. (ORCL) expects to book restructuring charges of $725 million to $800 million, mostly in cash, in the wake of its recent $5.85 billion acquisition of Siebel Systems Inc., according to a regulatory filing. See full story.
Synopsys Inc.'s (SNPS) posted stronger-than-expected quarterly results and issued a profit outlook that ranged above analysts' current estimates. See full story.
Washington Mutual Inc (WM) announced 2,500 job cuts at its home-loan business, another sign of a cooling real-estate market. See full story.