SAN FRANCISCO – Among the companies whose shares are expected to see active trade in Wednesday's session are Novell Inc., ADC Telecommunications and JDS Uniphase Corp.
DSW Inc. (DSW) is expected to report earnings per share for the second quarter or 30 cents, according to analysts polled by Thomson First Call.
JDS Uniphase (JDSU) is expected to post a breakeven per-share result for the fourth quarter.
NCI Building Systems Inc. (NCS) is expected to report per-share earnings of $1.01 for the third quarter.
United Natural Foods (UNFI) is expected to post fourth-quarter income of 30 cents per share.
After Tuesday's closing bell, ADC Telecommunications (ADCT) , which recently canceled its planned acquisition of Andrew Corp., posted lower profit in its fiscal third quarter and trimmed its 2006 sales forecast for the second time in two months.
AT&T Inc. (T) said hackers stole credit-card data and other personal information from several thousand of its customers over the weekend. The telecommunications company said the hacked information belonged to customers who have bought DSL equipment from its online store.
Novell (NOVL) said it has begun an internal review of its past stock-option grants and related accounting, and may not be able to file its quarterly results with regulators on time as a result.
Ace Cash Express Inc. (AACE) reported fourth-quarter net earnings of $7.3 million, or 50 cents a share, compared with $6.6 million, or 48 cents a share, in the same period last year. The provider of financial services said quarterly revenue rose 27 percent to $80.3 million from $63.4 million.
Adeza Biomedical Corp. (ADZA) shares rose after a Food and Drug Administration advisory panel said clinical data for the company's pre-term labor prevention drug is adequate for approval.
Cendant Corp. (CD) said the management proposals presented at its annual shareholder meeting have been approved, and the company will be renamed Avis Budget Group Inc. Also, a 1-for-10 reverse stock split will be effective on the New York Stock Exchange at the opening of the market on Sept. 5, and the stock's trading symbol will be changed to "CAR."
Dow Jones & Co. (DJ) said its ability to use $155 million of capital-loss, carry-forwards related to its possible sale of six of its Ottaway community newspapers will depend on factors such as the amount of newspapers sold and the prices that the company receives.
Dycom Industries Inc. (DY) said fourth-quarter results swung to a net gain from the prior year's results that included a goodwill impairment charge of 59 cents per share related to the company's White Mountain Cable Construction unit.
Emulex Corp. (ELX) said it has signed a definitive agreement to buy Sierra Logic Inc. for $180 million cash, assumed debt and stock options, plus employee equity incentive compensation.
Standard & Poor's said Hanesbrands Inc. (HBI.WI) will replace Tecumseh Products Co. (TECUA) in the S&P MidCap 400 index after the close of trading on Sept. 5. Hanesbrands is being spun off by S&P 500 and S&P 100 index constituent Sara Lee Corp. (SLE) .
Majesco Entertainment Co. (COOL) named President Jesse Sutton as interim chief executive and a member of the board, effective immediately. The role of interim CEO and chairman had previously been filled by Morris Sutton, who will return to his role as chairman emeritus.
Micros Systems Inc. (MCRS) reported fourth-quarter net earnings of $21.4 million, or 53 cents a share, compared with $18.1 million, or 45 cents a share, in the same period last year. Quarterly revenue rose 12 percent to $191.8 million from $172 million.
OrthoLogic Corp. (OLGC) said an interim analysis of data from a trial of synthetic peptide Chrysalinin indicates that treatment with Chrysalin did not demonstrate benefit compared to placebo. The company has terminated the study.
Progress Software Corp. (PRGS) said its financial results since fiscal 1996 should no longer be relied upon, and the company sees recording additional non-cash charges of $20 million to $30 million for stock-based compensation covering the period from Dec. 1, 1995 to Feb. 28.
Rackable Systems Inc. (RACK) said it has signed a definitive agreement to buy Terrascale Technologies Inc. for $38 million.
Reynolds American Inc.'s (RAI) R.J. Reynolds Tobacco Co. subsidiary said a federal district court in Massachusetts has dismissed a lawsuit brought against the company and other tobacco manufacturers by United Seniors Association Inc. United Seniors was seeking to recover medical expense reimbursements made by Medicare since Aug. 4, 1999, to treat its recipients for illnesses attributable to cigarette smoking.
Semtech Corp. (SMTC) said an internal review of its stock-option practices has concluded that accounting measurement dates for grants differ from the measurement dates previously used for such awards. The chip producer said it sees recording additional non-cash compensation expense and restating its results for fiscal 2002 through 2006, but it has yet to determine the tax consequences.
Sigma Designs Inc. (SIGM) said it is not in a position to provide detailed financial information for the second quarter due to an internal review of the stock-option grants. The silicon-based media processors company added that it may miss the deadline to file second-quarter results.
Systemax Inc. (SYX) said first-quarter net income rose as revenue gained and the results included a 12-cent per share benefit from the sale of a warehouse facility. The distributor and manufacturer of computer hardware said quarterly net income reached $17.6 million, or 48 cents a share, compared with $2.64 million, or 7 cents a share, during the same period in the prior year.
VA Software Corp. (LNUX) said it swung to a net profit of $696,000, or 1 cent a share, in the fourth quarter, as the company's gross margin widened and sales rose. Quarterly sales rose 35 percent to $10.5 million from $7.78 million.
Versant Corp. (VSNT) said it swung to a net profit of $1.01 million. In the same period last year, Versant posted a net loss of $14.4 million. Quarterly revenue rose 8.7 percent to $3.75 million from $3.45 million in the prior year.
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