) are seen higher on rumors that Viacom (VIA
) will make an offer for the company. Yahoo! and Viacom were unavailable for comment.
) posted $0.38 vs. $0.34 Q4 EPS from operations on a 6% revenue rise. The company sees sequentially lower Q1 revenue and gross margin. USB Piper and S&P cut their estimates.
Juniper Networks (JNPR
) posted $0.24 vs. $0.01 Q4 EPS (pro forma) a on sharp revenue rise. S&P initiates coverage with hold.
DB Alex Brown upgraded eBay (EBAY
) to buy from market perform.
Prudential downgraded Home Depot (HD
) to hold from strong buy.
RF Micro (RFMD
) posted $0.05 vs. $0.07 Q3 EPS as lower than expected orders offset 9.2% revenue rise. The company sees about a 10% drop in Q4 revenues from Q3 and $0.02-$0.03 EPS.
) and The Scripps Research Institute reported a new epitope-based vaccine can overcome immune tolerance to chronic hepatitis-B virus in animal model.
Lehman reportedly downgraded Burlington Resources (BR
) to neutral from outperform.
Actuate Corp. (ACTU
) posted $0.07 vs. $0.03 Q4 EPS (pro forma) on a sharp revenue rise. BB&T Capital upgraded the shares to long term buy from hold.
Rudolph Tech (RTEC
) is among the semiconductor equipment stocks that could benefit from Intel's 2001 capital expenditure budget. CIBC World reiterated its strong buy rating.
) posted a $0.15 Q3 loss per share vs. a $0.32 loss on a sharp revenue rise.
Vyyo Inc. (VYYO
) posted a $0.15 Q4 loss per share vs. a $0.17 loss (pro forma) on a sharp revenue rise. Vyyo expects 2001 revenues to exceed $60M, and to reach breakeven in Q4.
Elantec Semi (ELNT
) posted $0.37 vs. $0.13 Q1 EPS on a sharp revenue rise. The company sees $0.38 Q2 EPS on a slight sequential revenue rise and FY 01 EPS of $1.52-$1.58.
Concord Communications (CCRD
) says it will report $0.06 Q4 EPS (pro forma) on $26M in revenue.
Applied Micro Circuits (AMCC
) posted $0.16 vs. $0.05 Q3 EPS on a 27% sales rise. The company sees Q4 sequential revenue growth in the high-teens. S&P raised its estimates.
) posted $0.76 vs. $0.27 Q4 EPS (pro forma) on a sharp revenue rise. S&P maintains hold.
) posted $0.66 vs. $0.42 Q4 EPS on a 44% revenue rise. The company sees $0.30 Q1 EPS on shipments expected to be 20% lower sequentially.
Linear Technology (LLTC
) posted $0.34 vs. $0.20 Q2 EPS on a 59% sales rise. Linear expects Q3 sequential sales and profits to grow about 8%-10%. S&P maintains accumulate.
Hutchinson Tech (HTCH
) posted $0.03 vs. $0.25 Q1 EPS from operations on a 4% sales decline. The company sees a $0.23-$0.48 Q2 loss per share, excluding severance charges. Hutchinson will further cut its workforce.
Washington Mutual (WM
) posted $0.94 vs. $0.80 Q4 EPS on 4% higher net interest income. The company raised its quarterly dividend 3.3%.
) agreed to acquire Allaire (ALLR
) in a deal valued at about $360M. Also, Macromedia posted $0.29 vs. $0.15 Q3 EPS. S&P downgraded MACR to hold.
Minnesota Mining & Mfg. (MMM
) posted $1.12 vs. $1.10 Q4 EPS on slightly higher sales and 8.5% higher volumes. 3M says EPS were below its expectations due to a strong U.S. dollar and a slowing economy.
) agreed to be acquired by NetIQ (NTIQ
) in a deal valued at about $1B. Terms: 0.480 NTIQ share per WEBT share, which values WebTrends at $36 per share.
Tyco Intl. (TYC
) posted $0.57 vs. $0.46 Q1 EPS on a 21% revenue rise.
Ethan Allen (ETH
) posted $0.58 vs. $0.59 Q2 EPS as start-up costs from its Dublin, Va., facility offset a 7% sales rise. Going forward, the company sees 3-4% sales growth and EPS close to those of the prior year.
Continental Airlines (CAL
) posted $0.61 vs. $0.42 Q4 EPS from operations on a 13% revenue rise.