SAN FRANCISCO – Among the companies whose shares are expected to see active trade in Tuesday's session are Dow Jones & Co., Aetna Inc. and CKE Restaurants Inc.
AutoZone Inc. (AZO) is expected to report earnings per share for the fourth quarter of $2.79, according to analysts polled by Thomson First Call.
CKE Restaurants (CKR) is expected to post per-share income of 19 cents for the second quarter.
Golf Galaxy Inc. (GGXY) is expected to report second-quarter income of 60 cents per share.
Oracle Corp. (ORCL) is expected to post first-quarter earnings of 16 cents per share.
Progress Software Corp. (PRGS) is expected to report income of 35 cents per share for the second quarter.
After Monday's closing bell, Dow Jones & Co. (DJ) lowered its outlook for third-quarter profit before special items due to The Wall Street Journal's advertising revenue in September running below expectations.
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Aetna (AET) said it still expects third-quarter operating earnings of 72 cents a share and 2006 operating earnings of $2.77 to $2.79 a share.
AFC Enterprises Inc. (AFCE) reported that domestic same-store sales increased 0.8% in its financial period eight, which ended Aug. 6. The company also posted a domestic same-store sales increase of 1.9% in its period nine, which ended on Sept. 3.
Annaly Capital Management Inc. (NLY) said it has raised its quarterly cash dividend 7.7% to 14 cents from 13 cents a share.
Cemex (CX) said it sees third-quarter operating income in excess of $800 million, and earnings before interest, taxes, depreciation and amortization of close to $1.1 billion.
Comverse Technology Inc. (CMVT) said it has received an additional staff determination letter from the Nasdaq indicating that a filing delay serves as an additional basis to delist the company's shares.
Con-way Inc. (CNW) lowered its view for third-quarter earnings per share from continuing operations to a range of $1.10 to $1.15 from its prior outlook of $1.21 to $1.29. The freight transportation company cited issues such as business volumes that are lower than expectation at the company's less-than-truckload operating unit.
El Paso Electric Co. (EE) said it has approved the buyback of up to an additional 2.3 million of its shares.
ESS Technology Inc. (ESST) said it plans to reorganize its operations, resulting in a reduction in worldwide headcount of about 25% from the end of the second quarter. The Fremont, Calif.-based company said now expects third-quarter revenue in the range of $19 million to $23 million. Analysts polled by Thomson First Call are currently forecasting third-quarter revenue of $28 million.
Harte-Hanks Inc. (HHS) said it has agreed to acquire AberdeenGroup Inc. for an undisclosed sum.
Hifn Inc. (HIFN) said it expects revenue for its fourth quarter, ended Sept. 30, to fall short of expectations by 20%. The maker of integrated circuits said a major customer has changed its business model, leading to a significant inventory reduction that reduces Hifn deliveries.
Hudson Highland Group Inc. (HHGP) said it has agreed to sell its Highland Partners executive search business to Heidrick & Struggles International Inc. (HSII) for a maximum of $51.6 million in cash.
Kyphon Inc. (KYPH) said Maureen Lamb has been named chief financial officer. The medical device developer added that Lamb, who previously served as CFO at Photon Dynamics, succeeds Arthur Taylor, who has been serving as chief operating officer and CFO since February 2006.
Langer Inc. (GAIT) said Chief Financial Officer Joseph Ciavarella has resigned. The medical products company named Sara Cormack CFO, effective immediately.
Maxim Integrated Products Inc. (MXIM) lowered its first-quarter outlook due to softer-than-expected aggregate bookings and turn orders. The chip provider said it now expects first-quarter earnings of 32 cents to 34 cents a share, excluding one-time charges, on revenue that's flat to down 3% compared with the fourth quarter.
Medtronic Inc. (MDT) said it has repurchased 95.2% of two series of contingent convertible debentures due 2021. An aggregate of $1.97 billion of debentures was outstanding, and the medical devices company had repurchased $1.88 billion of the debentures as of Friday.
MEMC Electronic Materials Inc. (WFR) said it has filed its form 10-Qs for the first and second quarters of 2006, and is now current with all Securities and Exchange Commission.
Meritage Homes Corp. (MTH) said it sees third-quarter results near or slightly below the lower end of the company's prior view due to "further deterioration in market conditions," and that it will be "difficult to achieve" its outlook for the rest of the year.
Omnova Solutions Inc. (OMN) reported third-quarter net earnings of $3.3 million, or 8 cents a share, compared with $1.4 million, or 3 cents a share, during the year-ago period.
Salem Communications Corp. (SALM) said it still expects third-quarter revenue of $57.9 million to $58.4 million. Analysts surveyed by Thomson First Call currently estimate third-quarter revenue of $58 million.
Sara Lee Corp. (SLE) said fiscal 2007 should be an inflection point for the company's performance, and should show positive topline and bottomline growth trends across all businesses. De Kool added that the company expects cash from operations of $400 million to $500 million, and that prior long-term targets are attainable.
Savient Pharmaceuticals Inc. (SVNT) said it has accepted for purchase 10 million of its shares for $6.80 each as part of its modified Dutch auction tender offer.
Sykes Enterprises Inc. (SYKE) said it has sold four United States customer contact management centers currently leased by third parties. The provider of customer contact management solutions said it sees after-tax cash proceeds of $14.5 million.
Thomson Corp. (TOC) said it has agreed to acquire Solucient LLC, a provider of healthcare decision support solutions. Financial terms weren't disclosed.
Wendy's International Inc. (WEN) confirmed the distribution ratio for the special dividend of the 160 million shares of Tim Hortons Inc. (THI) it owns. The Dublin, Ohio-based fast-food restaurant chain said its shareholders will receive 1.35 of Tim Hortons common stock for every share of Wendy's held.
Zimmer Holdings Inc. (ZMH) said its board has amended the company's by-laws to adopt a majority vote standard for the election of directors in uncontested elections.
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