SAN FRANCISCO – Among the companies whose shares are expected to see active trade in Wednesday's session Liberty Media Corp., Google Inc., Dynegy Inc., and TiVo Inc.
Dynegy Inc. (DYN) is expected to report a fourth-quarter loss of 12 cents a share, according to analysts polled by Thomson First Call.
Gemstar-TV Guide International Inc. (GMST) is seen posting a fourth-quarter loss of 5 cents a share.
Inter Parfums Inc.'s (IPAR) fourth-quarter results are expected to show a per-share profit of 15 cents a share
Liberty Media Corp. (L) is expected to post earnings of 4 cents a share in its fourth quarter.
Michaels Stores Inc. (MIK) is seen reporting a profit of 85 cents a share in its fourth quarter.
Salem Communications Corp.'s (SALM) fourth-quarter per-share profit is expected to be 13 cents.
Six Flags (PKS) is expected to report a loss of 73 cents a share in its fourth quarter.
Tech Data Corp. (TECD) is seen posting a per-share profit of 67 cents in its fourth quarter.
TiVo Inc.'s (TIVO) fourth-quarter results are expected to show a per-share loss of 23 cents.
Wind River Systems Inc. (WIND) is expected to report a 12 cents-a-share loss in its fourth quarter.
After Tuesday's closing bell, Google Inc. (GOOG) said it inadvertently posted internal financial projections on its Web site last week, the latest in a string of missteps that have sown confusion about the Internet's most closely watched stock. See full story. See After Hours column.
Cooper Cos. (COO) reported fiscal first-quarter net income of $18 million vs. $17.7 million during the year-ago period. Income for calculating diluted per-share earnings was $18.5 million, or 39 cents a share, compared with $18.2 million, or 46 cents a share, a year ago. Pro forma earnings were 58 cents a share for the quarter. Revenue at the medical device company rose 39% to $205.7 million from $147.6 million.
Dress Barn Inc. (DBRN) reported second-quarter net income of $14.1 million, or 42 cents a share, compared with $1.64 million, or 5 cents a share, for the same period a year ago. Sales jumped 55% to $310.9 million from last year's $200.1 million. Excluding items, the company would have earned 47 cents a share. Analysts polled by Thomson First Call expected the company to earn 40 cents a share. Dress Barn also announced a 2-for-1 stock split for shareholders of record on March 17.
Focus Media Holding Ltd. (FMCN) said fourth-quarter net income was $9.43 million, or 23 cents per American depositary share. During the same period last year, the company reported a net loss $1.33 million, or 12 cents per ADS. Quarterly revenue was $24.6 million, compared with $11.8 million last year.
Lattice Semiconductor Corp. (LSCC) narrowed its outlook for first-quarter revenue, lifting the low end of its prior projection. The maker of programmable logic devices said it now expects revenue to rise 4% to 5% from the preceding quarter, up from a previous projection that called for a quarter-on-quarter rise of 2% to 5%. Wall Street analysts, on average, expect the company to post a rise in revenue of 3.7% to $56 million, according to a Thomson First Call survey.
Maidenform Brands Inc. (MFB) posted a fourth-quarter net loss of $209,000, or 1 cent a share, compared with a loss of $4 million, or 20 cents a share, in the year-ago period. Net sales rose to $79.5 million from $74.5 million a year earlier. Analysts, on average, expected it to post a loss of 1 cent a share, on revenue of $79.16 million, according to Thomson First Call.
Martek Biosciences Inc. (MATK) reported first-quarter net income of $5.6 million, or 17 cents a share, compared with $7.1 million, or 23 cents a share, for the same period a year ago. Revenue at the Columbia, Md.-based biotechnology firm was $60.5 million vs. last year's $63.1 million. Excluding items, the company would have earned 19 cents a share. Analysts polled by Thomson First Call expected earnings of 13 cents a share.
Net2Phone Inc. (NTOP) reported a second-quarter loss of $4.1 million, or 5 cents a share, on revenue of $25.8 million. During the same period a year ago, the company lost $10.6 million, or 14 cents a share, on $17.8 million in revenue. Net2Phone provides Voice over Internet Protocol services and technology.
The New York Stock Exchange and Archipelago Holdings Inc. (AX) said they've completed the merger agreement that will transform the world's largest stock market into a publicly traded company. The new company, to be known as NYSE Group Inc., will start trading Wednesday under the symbol "NYX." See full story.
OSI Pharmaceuticals Inc. (OSIP) said the fourth-quarter net loss was $80 million, or $1.47 a share, compared with a net loss of $48.4 million, or $1.02 a share, during the same period last year. The quarter's pro forma loss was $6.77 million, or 12 cents a share, compared with a pro forma loss of $46.6 million, or 98 cents a share, during the same period last year. Analysts polled by Thomson First Call had expected a fourth-quarter per-share loss of 38 cents. OSI said quarterly revenue was $86.5 million, compared with $12.3 million last year. Analysts were looking for revenue of $84 million.
Pixar Animation Studios (PIXR) said its quarterly profit declined sharply from prior-year results, which were bolstered by box-office receipts from its hit movie "The Incredibles" and DVD sales of "Finding Nemo." See full story.
Take-Two Interactive Software Inc. (TTWO) said it swung to a fiscal first-quarter loss as the publisher of "Grand Theft Auto" and other video games was hurt as consumers delayed purchases while awaiting new game consoles. See full story.