SAN FRANCISCO – Among the companies whose shares are expected to see active trade in Thursday's session are General Mills Inc., ConAgra Inc., 3Com Corp. and Palm Inc.
3Com Corp. (COMS) is expected to report fiscal third-quarter loss of 7 cents a share, according to analysts polled by Thomson First Call.
Apollo Group Inc. (APOL) is seen posting a fiscal second-quarter profit of 46 cents a share.
ConAgra Inc.'s (CAG) fiscal third-quarter results are expected to show a per-share profit of 34 cents.
Family Dollar Stores Inc. (FDO) is expected to post earnings of 48 cents a share in its fiscal second quarter.
Finish Line Inc. (FINL) is seen posting a fourth-quarter per-share profit of 59 cents.
General Mills Inc.'s (GIS) fiscal third-quarter per-share profit is expected to be 65 cents.
Palm Inc. (PALM) is expected to report fiscal third-quarter earnings of 16 cents a share.
Scholastic Corp. (SCHL) is seen posting a per-share loss of 7 cents in its fiscal third quarter.
Solectron Corp.'s (SLR) fiscal second-quarter results are expected to show a profit of 3 cents a share
Wet Seal Inc. (WTSLA) is expected to post a fourth-quarter profit of 3 cents a share.
After Wednesday's closing bell, Adobe Systems Inc. (ADBE) said quarterly profit fell 31%, weighed down by charges related to its acquisition of Macromedia Inc., though the transaction also helped sales of Adobe's publishing and design software surge 39%. See full story. See After Hours column.
Chevron Corp. (CVX) said its U.S. Gulf oil and gas production is headed for a 25% jump in the first quarter but that its overseas output, which accounts for nearly two-thirds of its production, is so far down about 4%. See full story.
Clarcor Inc. (CLC) reported first-quarter net earnings of $16.2 million, or 31 cents a share, up 23% from $13.2 million, or 25 cents a share, during the year-ago period. Revenue at the Franklin, Tenn.-based maker of environmental filtration products rose to $213.2 million from $196.3 million a year ago. Analysts surveyed by Thomson First Call had forecast first-quarter earnings of 29 cents a share on revenue of $213 million.
Dell Inc. (DELL) said it would acquire computer maker Alienware Corp. for an undisclosed sum in a move to boost its position with consumers and reach further into the high-end market for game-related computing gear. See full story.
Herman Miller Inc. (MLHR) said third-quarter net income was $22.4 million, or 33 cents a share, up from $16.8 million, or 24 cents a share, during the same period last year. Analysts polled by Thomson First Call were looking for per-share income of 33 cents. The office furniture company said quarterly revenue was $424 million, up from $382.4 million last year. Analysts were looking for revenue of $423 million.
Jabil Circuit Inc. (JBL) reported a 50% rise in fiscal second-quarter profit and raised estimates for its third quarter as the company sees stronger demand for its electronics manufacturing services. See full story.
KB Home (KBH) said fiscal first-quarter earnings rose 42% as the company delivered more homes than in the year-ago period. See full story.
WPCS International Inc. (WPCS) said the third-quarter net loss was $9.01 million, or $2.26 a share, compared with a net loss of $738,000, or 21 cents a share, during the same period last year. WPCS said pro forma income for the third quarter was $666,000, or 16 cents a share, up from $103,000, or 3 cents a share, during the same period last year. The wireless infrastructure services company said quarterly revenue was $11.8 million, up from $11.4 million last year
Xyratex Ltd. (XRTX) reported fiscal first-quarter net earnings of $6.44 million, or 22 cents a share, down 32% from $9.44 million, or 33 cents a share, in the year-ago period. Excluding certain items, earnings came in at $8.3 million, or 28 cents a share, compared with $9.9 million, or 34 cents a share, in the same quarter a year ago. Revenue at the U.K.-based provider of data storage systems rose 34% to $190.5 million from $142.5 million, and gross margin was 19.7% vs. 20.8% last year. Analysts polled by Thomson First Call had forecast earnings of 25 cents a share on revenue of $175 million.