SAN FRANCISCO – Among the companies whose shares are expected to see active trade in Thursday's session are Hewlett-Packard Co., Nabi Biopharmaceuticals, and Accenture Ltd.
Accenture Ltd. (ACN) is expected to report per-share earnings of 38 cents in the third quarter.
American Greetings Corp. (AM) is expected to post a second-quarter loss of 16 cents a share.
Family Dollar Stores Inc. (FDO) is expected to post fourth-quarter per-share profit of 23 cents.
Research in Motion Ltd. (RIMM) is expected to report second-quarter earnings of 71 cents a share.
Smart Modular Technologies Inc. (SMOD) is expected to post per-share earnings of 18 cents in the fourth quarter.
Texas Industries (TXI) is expected to report first-quarter profit $1.07 a share.
Tibco Software Inc. (TIBX) is expected to post earnings of 6 cents a share in the third quarter.
Hewlett-Packard (HPQ) Chief Executive Mark Hurd said in testimony prepared for an appearance Thursday before a House subcommittee that a company probe into boardroom leaks began with the best of intentions, but soon turned into a "rogue investigation" that violated the technology giant's core principles, and vowed to ensure that such an incident would never happen again.
Advance America Cash Advance Centers Inc. (AEA) said it plans to "vigorously" defend itself against a lawsuit filed by the Pennsylvania Department of Banking. The Spartanburg, S.C.-based company said the suit alleges the company is providing credit lines to borrowers without a license and with interest and fees in excess of state law.
Amgen Inc. (AMGN) introduced Amgen Oncology Assistance, a financial assistance program that will include a cap on out-of-pocket co-payments for cancer patients receiving Vectibix. The program will be available in October. Amgen Inc. said the Food and Drug Administration has approved Vectibix following priority review. Vectibix is expected to be commercially available in early to mid-October and will be priced about 20 percent less than the other anti-EGFr antibody currently on the market, Amgen said.
AutoZone Inc. (AZO) said Edward Lampert, chairman of Sears Holdings Corp. (SHLD) , will not stand for re-election to the AutoZone board. Memphis, Tenn.-based AutoZone has nominated Theodore Ullyot, general counsel of ESL Investments Inc., to fill the board seat being vacated by Lampert.
Deutsche Bank AG (DB) (804010) said it has named Michael Burke managing director and head of U.S. private client services. Burke was managing director and director of national sales for Morgan Stanley's global wealth management group.
Energy Conversion Devices Inc. (ENER) said it has increased the number of independent directors on its board and plans to adopt an incentive plan and increase its authorized shares to 100 million from 50 million in an effort to improve corporate governance. The company also approved the elimination of Class A and Class B stock.
Exelixis Inc. (EXEL) said it is offering to sell 9 million of its shares in an underwritten public offering, subject to market and other conditions. The biotechnology concern said it plans to grant the underwriters a 30-day option to purchase up to an additional 1.35 million shares to cover over-allotments.
Forrester Research Inc. (FORR) said it has named Charles Rutstein as chief operating officer, effective Jan. 1, 2007. Rutstein currently serves as president of Forrester Americas, the firm's largest operating group, the Cambridge, Mass.-based research company said.
Kellwood Co. (KWD) said it has agreed to acquire the assets of CRL Group LLC, the owner of the Vince brand. The financial terms of the deal were not disclosed. St. Louis-based Kellwood said Vince is expected to have sales of more than $45 million in 2006.
Lionsgate Entertainment Corp. (LGF) Chief Executive Jon Feltheimer and Vice Chairman Michael Burns have agreed to sign "multiple year" contract extensions with the entertainment company, Burns told MarketWatch.
Nabi (NABI) said it is exploring ways to increase shareholder value, including joint ventures, strategic alliances and the sale of all or part of the company. The Boca Raton, Fla.-based biotechnology company said it has hired Banc of America Securities LLC to help it explore some of the alternatives
Resources Connection Inc. (RECN) reported first-quarter net earnings of $11 million, or 22 cents a share, compared with $15.1 million, or 29 cents a share, during the year-ago period. Earnings excluding stock-based compensation expense and the related income tax effect were $15.1 million, or 30 cents a share.
PolyOne Corp. (POL) said it expects third-quarter sales and shipments to be 2% below second-quarter levels, but higher when compared with the same period last year. The company added it sees operating income for the period below its second-quarter result, and around last year's third-quarter levels.
Sangamo BioSciences Inc. (SGMO) said it has presented data demonstrating that a treatment with its zinc finger DNA-binding protein nucleases can make human immune system cells permanently resistant to HIV infection.
Sun Microsystems Inc. (SUNW) said it has agreed to acquire Neogent Inc., an identity management services automation company based in Austin, Texas. Financial terms of the agreement weren't disclosed. The Santa Clara, Calif.-based Sun Microsystems manufacturer of computer hardware and software said the acquisition is immaterial to its per-share earnings.
TIB Financial Corp. (TIBB) said it has approved a 2-for-1 stock split. Shareholders of record as of Oct. 9 will receive the additional shares on Oct. 23, the Naples, Fla.-based financial services.
United Natural Foods Inc. (UNFI) forecast earnings per share growth of 15 percent to 19 percent for the year. The company said it expects to earn $1.25 to $1.30 a share for the year.
Universal Technical Institute Inc. (UTI) said it is reducing its workforce by 70 employees, effective immediately. Related expenses will be $1.2 million, and included in the fourth quarter.
UnumProvident Corp. (UNM) said that C. William Pollard is stepping down as chairman on Sept. 30 and retiring from the board on Dec. 31. The Chattanooga, Tenn.-based named Jon Fossel to succeed Pollard as non-executive chairman, effective Oct. 1.
Ventas Inc. (VTR) said the Supreme Court of New York has once again ordered its tenant Kindred Healthcare Inc. (KND) to produce sufficient information to determine inter-company pharmacy profits at Ventas facilities. The court rejected Kindred's argument that it doesn't have the information, Ventas said.
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