Stocks to Watch, Dec. 15: Goldman Sachs, Oracle, Amgen

Among the companies whose shares are expected to see active trade in Thursday's session are Goldman Sachs Group Inc., Oracle Corp., Amgen Inc. and Adobe Systems Inc.

Adobe Systems Inc. (ADBE) is expected to report fourth-quarter earnings of 29 cents a share, according to analysts polled by Thomson First Call.

Apollo Group Inc.'s (APOL) first-quarter results are expected to show a per-share profit of 70 cents.

Bear Stearns Cos. Inc.'s (BSC) fourth quarter is expected to show earnings of $2.63 a share.

Goldman Sachs Group Inc. (GS) is expected to report a fourth-quarter profit of $3.35 a share.

KB Home's (KBH) fourth-quarter profit is expected to come in at $3.34 a share.

Lennar Corp. (LEN) is seen posting fourth-quarter earnings of $3.34.

Oracle Corp. (ORCL) is expected to report a per-share profit of 19 cents a share in its second quarter.

Pier 1 Imports Inc.'s (PIR) third quarter is expected to show a loss of 9 cents a share.

Quiksilver Inc. (ZQK) is seen posting a fourth-quarter profit of 27 cents a share.

After Wednesday's closing bell, Amgen Inc. (AMGN) plans to acquire antibody research group Abgenix Inc. (ABGX) for $2.2 billion, the companies said.

Watch list

Video game publisher Activision Inc. (ATVI) slashed its profits and sales forecast for the current third quarter as well as the remainder of its fiscal year.

E-Trade Financial Corp. (ET) said a key gauge of trading jumped 30% in November, and the company indicated it's on track to post better-than-forecast earnings in 2006.

Energen Corp. (EGN) affirmed its 2006 outlook of earnings from $3.25 to $3.60 a share. "The driver of Energen's near- and long-term earnings growth will continue to be our oil and gas acquisition and development company, Energen Resources Corporation," said Mike Warren, Energen's chief executive, in a statement.

Fairmont Hotels & Resorts Inc. (FHR) said its board has formed a special committee to advise the board regarding the partial takeover bid by affiliates of financier Carl Icahn. The committee will also evaluate strategic options for maximizing value for shareholders. Icahn Partners LP and Icahn Partners Master Fund LP are offering an estimated $1.19 billion, which would give them up to 51% control of the luxury hotels and resorts.

Hillenbrand Industries Inc. (HB) said it will restate its fiscal 2003 financial results and will revise upward its previously announced restatement of its fiscal 2004 results. The Batesville, Ind.-based healthcare company said 2003 net income will increase $51 million, or 82 cents a share, from the restatement, while its 2004 revision will increase net earnings by an additional $18.3 million, or 29 cents a share. With the earlier restatement, the total increase in 2004 net earnings is $33.6 million, or 53 cents a share. Hillenbrand also said it has filed for an automatic extension for the filing of its fiscal 2005 annual report on form 10-K.

NBTY Inc. (NTY) reported fourth-quarter net earnings of $11.4 million, or 17 cents a share, down 46% from $21.1 million, or 30 cents a share, in the year-ago period. Revenue at the Bohemia, N.Y.-based nutritional supplement company rose to $435.2 million from $427.5 million. Analysts polled by Thomson First Call had estimated earnings of 32 cents a share on revenue of $435 million. NBTY said it expects to close 70 stores in 2006

PowerDsine Ltd. (PDSN) lowered its outlook for fourth-quarter revenue to a range of $7 million to $7.5 million, compared with previous guidance of $11.2 million to $11.4 million. Analysts polled by Thomson First Call are looking for $11 million in revenue. PowerDsine added that it expects to report a net quarterly loss of 3 cents to 5 cents a share, with analysts looking for per-share earnings of 7 cents.

United Technologies Corp. (UTX) said its 2005 profit will be in line with analysts' consensus expectations and that operating earnings at its six units will rise by double digits next year.

West Corp. (WSTC) said it expects 2006 net income of $150 million to $160 million and revenue of $1.65 billion to $1.7 billion. The outlook includes pretax stock-based compensation expense estimated at $15 million, the company said. Additionally, West sees 2006 consolidated operating margins of between 16.5% and 17% and capital expenditures between $75 million and $85 million.