SAN FRANCISCO – Among the companies whose shares are expected to see active trading in Monday's session are Take-Two Interactive Software, Texas Instruments Inc. and Atmel Corp.
Cantel Medical Corp. (CMN) is expected to report third-quarter earnings of 16 cents a share, according to a survey of analysts by Thomson Financial.
Cyberonics Inc. (CYBX) is expected to post a loss of 35 cents a share for the fourth quarter.
Jamba Inc. (JMBA) is expected to report a first-quarter loss of 9 cents a share.
Luby's Inc. (LUB) is expected to post earnings of 14 cents a share for the third quarter.
Source Interlink Cos. (SORC) is expected to report first-quarter earnings of 13 cents a share.
Take-Two Interactive Software (TTWO) is expected to post a loss of 58 cents a share for the second quarter.
Texas Instruments (TXN) is scheduled to release its mid-quarter update. Analysts are forecasting second-quarter earnings of 42 cents a share on revenue of $3.46 billion.
AmTrust Financial Services Inc. (AFSI) increased its quarterly cash dividend 25 percent to 2.5 cents a share. The dividend is payable on July 16 to shareholders of record as of July 2, the New York-based provider of specialty property and casualty insurance products said.
Atmel (ATML) swung to a fourth-quarter net loss of $122.6 million, or 25 cents a share, from a year-earlier profit of $48.1 million, or 10 cents a share. Results for the recent fourth quarter ended Dec. 31 included impairment and restructuring charges of $121.2 million, compared with $28 million a year earlier. The San Jose radio-frequency chip maker filed both its 2006 annual report and reports for the second and third quarters of 2006, and said Nasdaq agreed to stay any decision to suspend the company's listing pending a review in July. The financial reports were delayed by a now-completed stock option investigation that resulted in additional stock compensation charges of $116 million for 1993 through 2005, excluding payroll and tax adjustments.
Journal Register Co. (JRC) named board member James Hall as acting chief executive while Chairman and CEO Robert Jelenic takes a leave of absence to undergo treatment for cancer. The Yardley, Pa.-based media company said Hall has established an operating committee to work with him on the day-to-day operations of the company. The committee is composed of Chief Financial Officer Julie Beck, and senior vice residents Edward Condra and Scott Wright.
Marsh Inc., a unit of Marsh & McLennan Cos. (MMC), late Friday said it has named Mark McGivney as chief financial officer. McGivney joins the company from the Hanover Insurance Group (HIG), where he served as senior vice president of finance, corporate treasurer and CFO for the company's property/casualty business, the company said.
O.I. Corp. (OICO) named J. Bruce Lancaster chief executive officer and Donald P. Segers president and chief operating officer. Lancaster will remain chief financial officer. Promoted to general manager in 2001, Segers had been serving as acting president since January when former President and CEO William W. Botts was put on leave pending the results of a company investigation. Botts resigned in March after the investigation found he directly benefited from options backdating. O.I. Corp. is a College Station, Texas, provider of products used for chemical analysis.
Pacific Ethanol Inc. (PEIX) said late Friday it has filed a shelf registration statement with the Securities and Exchange Commission that would allow the company to sell up to $250 million of its common stock. The Sacramento, Calif.-based ethanol maker said it would use the proceeds from any sale for general corporate purposes.
Tesoro Corp. (TSO) named Otto Schwethelm chief financial officer to replace Greg Wright, who will become the San Antonio refiner's executive vice president and chief administrative officer. Schwethelm was most recently vice president of finance and treasurer of the company. That position will now be filled by Philip Anderson, who has been with the company since 1998. Tesoro also named Dan Porter senior vice president of supply and optimization.
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