SAN FRANCISCO – Among the companies whose shares are expected to see active trade in Thursday's session are Bear Stearns (BSC) , BMC Software Inc. and General Mills Inc.
Bear Stearns (BSC) is expected to reporting earnings per share for the second quarter of $3.12, according to analysts polled by Thomson First Call.
KB Home (KBH) is seen posting per-share income for the second quarter of $2.43.
Omnivision Technologies (OVTI) is seen reporting fourth-quarter earnings per share of 38 cents.
Pier 1 Imports Inc. (PIR) is expected to report a per-share loss of 26 cents for the first quarter.
RF Monolithics (RFMI) is expected to report results.
Winnebago Industries Inc. (WGO) is seen reporting third-quarter earnings per share of 38 cents.
Alliance One International Inc. (AOI) said it expects to report a "substantial" net loss in fiscal 2006 due to restructuring, asset impairment and integration charges during the period.
Atari Inc. (ATAR) said it lost $4.3 million, or 3 cents a share, for the period ended March 31, compared to a loss of $9.1 million, or 7 cents, a year earlier.
BMC (BMC) cut previously stated results for its fourth-quarter and fiscal 2006 after an analysis of its tax provisions and balance sheet. BMC lowered its previously stated fourth-quarter profit to $51.6 million, or 24 cents a share. Last week, the company had stated its profit for the period was $66.4 million, or 31 cents a share.
Capstone Turbine Corp. (CPST) said the fourth-quarter net loss was $11.8 million, or 12 cents a share, compared with a net loss of $10 million, or 12 cents a share, during the same period in the prior year.
Cerner Corp. (CERN) said it has agreed to acquire Galt Associates Inc. for an undisclosed sum. Cerner said the acquisition shouldn't have a material impact on its 2006 results.
C.R. Bard Inc. (BCR) increased its quarterly dividend 8 percent to 14 cents from 13 cents a share. The dividend is payable on Aug. 4 to shareholders of record as of July 24, the Murray Hill, N.J. developer of medical technology said.
EnerSys (ENS) said higher revenue helped boost fourth-quarter net income to $11.7 million, or 25 cents a share, from $10.2 million, or 22 cents a share, during the same period in the prior year.
Tax benefits and "above-target operating performance" are apt to lead General Mills (GIS) past its previous fiscal 2006 profit target. The food behemoth said it now expects to earn $2.90 a share for the 12 months ended May 28, up from its earlier view of $2.80 to $2.85.
Herley Industries Inc. (HRLY) said higher costs cut third-quarter net income to $1.7 million, or 11 cents a share, from $3.63 million, or 24 cents a share, during the same period in the prior year.
Hillenbrand Industries Inc. (HB) and its Hill-Rom Inc. and Hill-Rom Co. units said its settlement with Spartanburg Regional Healthcare System has been approved. The agreement ends the antitrust class action litigation brought by Spartanburg against Hillenbrand and Hill-Rom for $316.3 million. Spartanburg's suit alleged violations of federal antitrust laws, and claimed injuries caused by Hill-Rom's discounting practices.
Kirby Corp. (KEX) said it has increased its revolver to $250 million from a prior $150 million facility.
Lattice Semiconductor Corp. (LSCC) raised its second-quarter revenue forecast, and expects revenue to grow between 5 percent and 7 percent over its first-quarter results of $57.5 million. Lattice had previously forecast revenue to grow between 3 percent and 6 percent, sequentially.
Lions Gate Entertainment Co. (LGF) said its fiscal 2006 profit fell to $6.1 million, or 6 cents a share, from $20.28 million, or 20 cents a share, the year before. Revenue at the Santa Monica, Calif., film studio rose to $951.2 million from $842.6 million. See After Hours column. Fourth-quarter net income increased to $38.9 million, or 27 cents a share, from $20.1 million, or 17 cents a share, during the same period in the prior year. Revenue rose to $313.4 million from $232.4 million. Analysts polled by Thomson First Call had expected revenue of $261 million.
Merck & Co. (MRK) still expects to generate revenue growth and double-digit earnings growth over the next 3 to 5 years, the drug giant's president and chief executive said.
Monster Worldwide Inc. (MNST) said it has been told to "preserve all relevant information" in anticipation of a request for documents from the Securities and Exchange Commission related to an informal probe of the company's past stock-option grants.
Sempra Energy (SRE) said a judge has granted final approval to the previously announced settlement in the class-action litigation related to the Western U.S. energy crisis of 2000 and 2001. The settlement resolves the major claims filed against San Diego-based Sempra and its two California utilities. Sempra said the after-tax cost of the settlements announced in January would be about $350 million.
Semtech Corp. (SMTC) said it plans to delay filing its Form 10-Q for the quarter ended April 30 as it completes an internal review of its stock-option practices. Also, Semtech said two separate stockholder derivative lawsuits related to stock-option practices have been filed against the company and certain of its present and former directors and officers, and the company has received a grand jury subpoena to produce documents relating to its stock-option practices.
Stanley Furniture Co. (STLY) said it now expects its second-quarter sales to be below previously anticipated levels due to continued weakness in retail furniture activity. The company said it now sees quarterly per-share earnings of 29 cents to 31 cents, down from its previous outlook of 35 cents to 38 cents.
UTStarcom Inc. (UTSI) said it has requested a 7-day extension to file its 10-Q for the quarter ended March 31 from the Nasdaq listing qualifications panel.
Zumiez Inc. (ZUMZ) said that one of its shareholders, Brentwood-Zumiez Investors LLC, is offering 1.61 million shares of Zumiez common stock in a public offering.
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