By ,
Published January 13, 2015
Among the companies whose shares are expected to see active trade in Friday's session are Horizon Health Corp., Starbucks Corp. and Advanced Micro Devices Inc.
After Thursday's closing bell, Horizon Health (HORC) shares plummeted more than 28 percent after the healthcare services provider slashed its earnings outlooks for fiscal years 2006 and 2007. The company said it now sees 2006 per-share income of 78 cents to 80 cents, compared with its prior forecast of 92 cents to 97 cents.
Starbucks (SBUX) said same-store sales rose 6 percent in June, down from a 7 percent increase the year before and below analysts' average forecast.
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Dutch supermarket group Ahold (AHO) said it has decided to divest 46 Tops supermarkets in Northeast Ohio.
Advanced Micro Devices (AMD) said it now sees sales for the second of $1.215 billion, a 9 percent decline from the first-quarter result. Previously, the company had forecast that quarterly sales would be flat to slightly down from the prior quarter.
Bayer Diabetes Care, a division of Bayer AG's (BAY) subsidiary Bayer HealthCare LLC, said it has acquired Metrika Inc.
BioMarin Pharmaceutical Inc. (BMRN) said the first patient has initiated treatment in the Phase 2 clinical study of 6R-BH4 for the treatment of poorly controlled hypertension. BioMarin sees announcing data from this study in early 2007.
Brookfield Homes Corp. (BHS) said net new orders for the second quarter totaled 255 units, down 49 percent from the same period last year. The Fairfax, Va.-based company currently estimates 1,200 to 1,300 home closing in 2006, down 18 percent to 24 percent from 2005.
Business Objects S.A. (BOBJ) said it expects second-quarter earnings of 5 cents to 8 cents a share, or 25 cents to 28 cents a share excluding items. The company had previously forecast second-quarter earnings of 10 cents to 13 cents a share, or 30 cents to 33 cents a share excluding items.
CardioDynamics International Corp. (CDIC) said it sees the second-quarter net loss widening to $1.97 million, or 4 cents a share, from a net loss of $682,000, or a penny a share, during the same period in the prior year. The cardiography company said it sees quarterly revenue falling to $7.61 million from $9.37 million.
Cisco Systems Inc. (CSCO) said it has reached an agreement to acquire Meetinghouse Data Communications Inc. for $43.7 million in cash and assumed options. Meetinghouse is a privately held security software provider based in Portsmouth, N.H.
Denny's Corp. (DENN) said same-store sales for company-owned Denny's restaurants fell 1.3 percent from the level reached during the same period last year. The restaurant operator added that second-quarter sales fell 0.4 percent.
Dollar Tree Stores Inc. (DLTR) said second-quarter sales are trending toward the high end of the company's prior view of $855 million to $875 million.
EFJ Inc. (EFJI) backed its revenue view for fiscal 2006 of $105 million to $115 million. Also, the Texas-based wireless company said it sees income before income taxes of $7 million to $9 million.
Fifth Third Bancorp (FITB) named Greg Carmichael as its chief operating officer. Carmichael has been the company's executive vice president for information technology and operations since 2004.
Frontier Airlines Holdings Inc. (FRNT) said preliminary June traffic increased 21.8 percent to 813.1 million from 667.8 million revenue passenger miles during the same period in the prior year.
Hooker Furniture Corp. (HOFT) reported second-quarter net earnings of $5.83 million, or 49 cents a share, up 20 percent from $4.86 million, or 41 cents a share, in the year-ago period. Revenue at the Martinsville, Va.-based company rose to $90.7 million from $88.7 million.
Laidlaw International Inc. (LI) posted a third-quarter profit of $34.1 million, or 35 cents a share, up from $29.4 million, or 29 cents a share, a year earlier. Revenue came in at $860.7 million, up from $836.1 million last year, due to a strong performance in its Greyhound bus segment.
Lesco Inc. (LSCO) said it has lowered its fiscal 2006 store segment net revenue growth outlook to between 5 percent and 6 percent from between 10 percent and 12 percent. The provider of products for green and pest control industries cited a loss of sales to customers who were previously supported by direct sales representatives, among other factors.
Longs Drug Stores Corp. (LDG) said June's preliminary total revenue rose 9.5 percent to $490 million from $447.6 million during the same period last year. Retail drug store same-store sales increased 2.5 percent, while pharmacy same-store sales increased 6.7 percent.
Material Sciences Corp. (MSC) said the Securities and Exchange Commission has completed its review of the company's material weaknesses reported for the year ended Feb. 28, 2005.
99 Cents Only Stores (NDN) said first-quarter sales at outlets open more than a year rose 3.6 percent. Overall quarterly sales rose 7.7 percent, with retail revenue climbing 8.3 percent to $254 million from $234.4 million.
NMS Communications Corp. (NMSS) said it sees a second-quarter per-share net loss of 6 cents to 7 cents, compared with its prior outlook of a loss of 2 cents to breakeven. The company cited lower-than-expected revenues from its platform solutions business as a reason for the weaker outlook.
O2Micro International Ltd. (OIIM) said it has lowered its second-quarter revenue outlook on slower sales of LCD monitors, LCD TVs and notebooks. O2Micro also said it expects a second-quarter loss due to higher than expected litigation expenses, among other factors.
PLX Technology Inc. (PLXT) said Rafael Torres, chief financial officer, is leaving to become the CFO of a larger public technology company.
PMC-Sierra Inc. (PMCS) said Alan Krock, chief financial officer, is leaving the company for personal reasons following a reasonable transitional period. Also Thursday, PMC-Sierra said it sees second-quarter revenue hitting the mid-point of its prior outlook of $108 million to $112 million, excluding revenue from the acquisition of Passave Inc.
Tibco Software Inc. (TIBX) aid second-quarter profit rose nearly 13 percent from the same period last year. Revenue at the Palo Alto, Calif.-based business integration software management company grew to $121.2 million, compared to $101.4 million last year.
UAP Holding Corp. (UAPH) said higher revenue boosted first-quarter net income to $58.3 million, or $1.11 a share, from $49.4 million, or 94 cents a share, during the same period in the prior year.
Universal Corp. (UVV) said it has agreed to sell the non-tobacco businesses of its subsidiary Deli Universal Inc. for $540 million. The company said it expects the sale will result in net proceeds of $520 million.
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