SAN FRANCISCO – Among the companies whose shares are expected to see active trade in Wednesday's session are Hewlett-Packard Co., Applied Materials Inc., and Abercrombie & Fitch Co.
BEA Systems Inc. (BEAS) is expected to report second-quarter earnings of 12 cents a share, according to analysts polled by Thomson First Call.
Big Lots Inc. (BLI) is expected to post a per-share net loss of 6 cents in the second-quarter.
Daktronics Inc. (DAKT) is expected to report first-quarter earnings of 16 cents a share.
Estee Lauder Companies Inc. (EL) is expected to post fourth-quarter earnings of 48 cents a share.
Gymboree Corp. (GYMB) is expected to report second-quarter per-share earnings of 3 cents.
Hewlett-Packard (HPQ) is expected to post per-share earnings of 47 cents in the third quarter.
Network Appliance Inc. (NTAP) is expected to report first-quarter earnings of 23 cents a share.
Ross Stores Inc. (ROST) is expected to post second-quarter per-share earnings of 32 cents.
Salesforce.com Inc. (CRM) is expected to report per-share earnings of 4 cents in the second quarter.
Synopsys Inc. (SNPS) is expected to post third-quarter earnings of 19 cents a share.
Applied Materials Inc. (AMAT) said its quarterly net income rose 39% from a year ago as the company sold more machines that make chips used in personal computers and other consumer electronics. The world's largest maker of chip equipment reported fiscal third-quarter net income of $512 million, or 33 cents a share, up from $369.6 million, or 23 cents a share, in last year's same period.
Abercrombie & Fitch (ANF) reported second-quarter net earnings of $65.7 million, or 72 cents a share, vs. $57.4 million, or a 63 cents a share, in the same period last year.
ABM Industries (ABM) said that it settled a World Trade Center legal dispute with insurer Zurich Financial Services for $80 million. The payment, due in September, will increase ABM's net income in the quarter ending Oct. 31 by roughly $45 million, or 90 cents a share.
American Power Conversion Corp. (APCC) said Rodger Dowdell, Jr. is retiring as president and chief executive, effective immediately. The West Kingston, R.I.-based power solutions provider named Rob Johnson as interim president and CEO.
Applied Materials Inc. (APCC) said that Nancy Handel, chief financial officer and senior vice president, plans to retire, effective Jan. 5.
Brooks Automation Inc. (BRKS) said it has filed an amended Form 10-Q quarterly report for its first fiscal quarter of 2006 ended Dec. 31, 2005, bringing it current on SEC filings.
Cheesecake Factory Inc. (CAKE) said it had delayed the filing of its Form 10-Q due to a review of its stock-option practices. The Calabasas Hills, Calif.-based restaurant operator also said the review's preliminary results indicate potential adjustments are likely to result in a restatement of financial results for the fiscal year ended Jan. 3 and for the quarter ended April 4, among others.
Chevron Corp. (CVX) said its Australian unit has successfully bid for rights to deepwater natural-gas exploration off Western Australia.
China Finance Online Co. (JRJC) reported second-quarter net earnings of $442,000, or 2 cents per American Depositary Share, compared with $1.01 million, or 5 cents, in the same period last year. It also named Jun Wang as chief financial officer.
F5 Networks (FFIV) said it has received a noncompliance letter from Nasdaq indicating it is subject to delisting because it did not file Form 10-Q for the quarter ended June 30 on time.
GlobalSantaFe Corp. (GSF) said it has closed a 5-year, $500 million revolving credit facility. The new facility will be used for general corporate purposes, the Houston-based provider of offshore oil and gas drilling and drilling management services said.
Golfsmith International Holdings Inc. (GOLF) reported a second-quarter net loss of $7.94 million, or 73 cents a share. During the same period a year ago, the Austin, Texas-based company posted net earnings of $6 million, or 60 cents a share.
Inco Ltd. (N) said its board will evaluate Teck Cominco Ltd.'s (TCK) (TCK.A) amended acquisition offer when it is made available, and will issue a recommendation to its shareholders. Earlier Tuesday, Teck Cominco raised its bid for fellow Canadian mining company Inco, offering to pay as much as C$89 a share in what it called its "best and final offer."
Jones Apparel Group Inc. (JNY) said its board has decided not to pursue a sale of the company. The Bristol, Pa.-based apparel designer and marketer said that the company will continue the execution of its strategic plan instead.
La-Z-Boy Inc.'s (LZB) first-quarter earnings fell, dragged down by a drop in casegoods sales, the company said Tuesday. The company said net income was $2.3 million, or 4 cents a share, on sales of $418.9 million vs. last year's profits of $3.2 million, or 6 cents a share, on sales of $428.9 million.
Limited Brands Inc. (LTD) said Chief Financial Officer Ken Stevens has decided to retire. The Columbus, Ohio-based apparel retailer said Martyn Redgrave, chief administrative officer, will assume CFO responsibilities.
Linn Energy LLC (LINE) said it swung to net earnings of $10.2 million, or 36 cents a share, in the second quarter, on the back of strong revenue growth. In the same period last year, the Pittsburgh-based oil and gas company posted a net loss of $5.28 million, or 26 cents a share.
Microtune Inc. (TUNE) said it will request a hearing before Nasdaq in response to a noncompliance letter the company received from the exchange due to the delayed filing of its Form 10-Q for the quarter ended June 30.
Pep Boys (PBY) reported second-quarter earnings from continuing operations of $1.47 million, or 3 cents a share, compared with $832,000, or a penny a share, during the year-ago period. Revenue at the Philadelphia-based automotive aftermarket retail and service chain rose to $578.6 million from $577.4 million a year ago.
PetSmart (PETM) earned $34.6 million, or 25 cents a share, in its fiscal second quarter - down slightly from the $35.7 million, or 24 cents, recorded in the year-ago period. Included in the per share figure is 1 cent worth of expenses related to a potential acquisition and 1 cent for a one-time distribution expense.
Pfizer Inc. (PFE) said its Chief Executive Jeffrey Kindler is establishing a new organizational structure that will include a new executive team. Vice Chairman David Shedlarz will expand his responsibilities and Vice Chairman Karen Katen will leave the company.
Photronics Inc. (PLAB) reported third-quarter net earnings of $4.56 million, or 11 cents a share, compared with $14.8 million, or 35 cents a share, in the same period last year, as the company's flat panel display business slowed down.
Rambus Inc. (RMBS) said that former Chief Executive Geoff Tate plans to resign from the board. Tate was CEO and the sole member of the board's stock option committee plans during a period in which the company has found flaws in how it accounts for the cost of stock options.
Shanda Interactive Entertainment Ltd. (SNDA) reported second-quarter net earnings of 133.6 million yuan ($16.7 million), or 1.86 yuan (24 cents) per American Depositary Share, compared with 223 million yuan, or 3.06 yuan per ADS, during the year-ago period.
Western Gas Resources Inc. (WGR) said it has received the last remaining regulatory approval required to close its merger with a subsidiary of Anadarko Petroleum Corp.
Wilsons The Leather Experts Inc. (WLSN) reported a second-quarter net loss of $24.5 million, or 63 cents a share, compared with a net loss of $14 million, or 36 cents a share, in the same period last year.
Zoran Corp. (ZRAN) said it has received a non-compliance letter from Nasdaq indicating that the company's stock is subject to delisting because it did not file its Form 10-Q for the quarter ended June 30 on time.
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