Among the companies whose shares are expected to see active trading in Friday's session are Kellwood Co., Qualcomm Inc., and National Semiconductor Corp.

Kellwood (KWD) is expected to report first-quarter earnings of 20 cents a share, according to a survey of analysts by Thomson Financial.

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Vail Resorts Inc. (MTN) is expected to post earnings of $1.99 a share for the third quarter.

After Thursday's closing bell, National Semi (NSM) reported its quarterly profit fell 24 percent from a year ago as the chipmaker said it emerged from an inventory glut for its products used in mobile phones and other consumer electronics.

Also, Qualcomm (QCOM) lost a major legal battle with a ruling by the U.S. International Trade Commission, but damages from the skirmish will be limited by the scope of the ruling.

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Actel Corp. (ACTL) said it still expects second-quarter revenue to be flat, plus or minus 2 percent. Actel is a chipmaker based in Mountain View, Calif.

Cascade Corp.'s (CAE) first-quarter net income more than doubled to $23.8 million, or $1.90 a share, from $11 million, or 84 cents a share, a year earlier, as revenue rose 15 percent. The Fairview, Ore., forklift parts maker's sales for the quarter ended April 30 grew to $135.5 million from $117.8 million. On average, analysts expect per-share earnings 93 cents on revenue of $128 million, according to a poll by Thomson Financial. Cascade's shares closed Thursday down $1.79, or 2.7 percent, at $65.71.

Chartered Semiconductor Manufacturing (CHRT) reiterated its outlook for the second quarter, which was originally provided on April 27. "The quarter is essentially progressing in line with what we had anticipated earlier, and therefore we are reiterating the guidance we originally provided in April," said Chartered Chief Financial Officer George Thomas in a statement.

Coca-Cola Co. (KO) said it has closed its $4.1 billion acquisition of Energy Brands Inc., also known as Glaceau. Energy Brands products include Vitaminwater, Smartwater, Fruitwater and Vitaminenergy. Glaceau will now operate as a separate business unit of Coca-Cola North America, the company said. The deal was announced on May 25

Forest City Enterprises Inc. (FCEA) swung to a fiscal first-quarter net loss of $17.2 million, or 17 cents a share, from year-earlier net income of $53.3 million, or 52 cents a share. The year-earlier period included a gain of $1.40 a share on the disposition of property and investments. The Cleveland-based real estate developer's revenue grew 3 percent to $280.6 million, from $271.2 million in the year-earlier period ended April 30.

Herley Industries Inc. (HRLY) reported third-quarter net earnings of $3.88 million, or 27 cents a share, up from $1.7 million, or 11 cents a share, during the year-ago period. The Lancaster, Pa.-based company, which designs and manufactures microwave technology products, posted revenue of $44.4 million vs. $45.7 million last year. Analysts polled by Thomson Financial had forecast, on average, a per-share profit of 22 cents.

NeoMagic Corp.'s (NMGC) fiscal first-quarter loss narrowed to $3.25 million, or 26 cents a share, from a year-earlier loss of $5.01 million, or 53 cents a share, on fewer shares outstanding. The most recent period included a gain of nearly $1 million on the revaluation of warrant liability. Revenue for the Santa Clara, Calif., chipmaker increased to $482,000, from $86,000 a year earlier.

PC Mall Inc. (MALL) said Chief Financial Officer Ted Sanders will leave, effective June 30, to accept a position as CFO of ViewSonic Corp. PC Mall named Controller Brandon La Verne as interim CFO, treasurer and chief accounting officer. Torrance, Calif.-based PC Mall is a marketer of computer hardware and software.

Pinnacle Airlines Inc., a unit of Pinnacle Airlines Corp. (PNCL) , said it transported 878,463 customers in May, up 10.2 percent from a year earlier. Traffic for the month rose 9.9 percent to 413.7 million revenue passenger miles from 376.4 million a year ago. Passenger load factor for the month was 80.3 percent, a decrease of 1.5 percentage points from May 2006. The airline had 514.9 million available seat miles in the month, up 11.8 percent.

Quality Systems Inc. (QSII) reported fourth-quarter net earnings of $8.51 million, or 31 cents a share, up 11 percent from $7.64 million, or 28 cents a share, during the year-ago period. The Irvine, Calif.-based developer of computer-based applications for medical and dental group practices said that revenue for the three months ended March 31 rose to $45.1 million from $35.6 million. Analysts polled by Thomson Financial had forecast, on average, a per-share profit of 34 cents on revenue of $43 million. Additionally, Quality Systems said the previously disclosed investigation by the Securities and Exchange Commission into trading activity by the company's chief financial officer is ongoing. The company said it will continue to fully cooperate with the SEC. Also, Quality Systems said that based on an internal review, the audit committee has concluded it doesn't appear the CFO has engaged in any improper insider trading activity. The legal and professional service expenses associated with the review were in excess of a penny a share for the March quarter, the company said.

Xilinx Inc. (XLNX) said it now expects first-quarter revenue to come in at the low end of the previously forecasted range of increases of 1 percent to 5 percent sequentially. The San Jose, Calif.-based company also said it now sees gross margin of 62 percent to 63 percent for the quarter, up from its prior view of about 62 percent. Operating expenses are expected to decrease about 5 percent sequentially, an improvement from the prior outlook calling for a decrease of 4 percent to 5 percent sequentially, the company said. Xilinx designs logic chips that are programmed to perform specific computing chores and used in products such as cellular-phone base stations, network routers and DVD players.

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