), FuelCell Energy (FCEL
), Plug Power (PLUG
), Ballard Power (BLDP
), and American Power Conversion (APCC
After the close of trading Thursday, PC giant Dell Computer (DELL
) released second quarter results. The company posted EPS of 24 cents vs. 19 cents one year earlier as revenues rose 16% to $9.8 billion. Dell forecast third quarter EPS of 26 cents on $10.5 billion in revenues. S&P reiterated its hold opinion on the shares while AG Edwards upgraded Dell to buy from hold.
Protein Design Labs (PDLI
) shares fell after the company said it had not reached a deal yet in talks with Genentech (DNA
) on whether Genentech's humanized antibody, Xolair, requires a license under Protein Design's fundamental antibody humanization patents.
Advanced Digital (ADIC
) shares rose after the company posted third quarter EPS of 4 cents vs. a 3-cent loss per share one year earlier on a 42% sales rise. Bear Stearns upgraded the shares to outperform from peer perform.
) shares moved higher after the company reported second quarter EPS of 33 cents vs. 36 cents despite 1.1% higher second-quarter same store sales and 15% higher net sales.
Analog Devices (ADI
) moved lower after the company posted third quarter EPS of 21 cents vs. 8 cents (GAAP basis) on a 17% revenue rise. Citigroup downgraded the shares to in line from outperform. S&P reiterated its buy ranking.
Neose Technologies (NTEC
) gained after the company agreed to use its technologies with a therapeutic recombinant protein that is produced and supplied by Sandoz. Neose says both companies may end up with co-exclusive worldwide rights if further development takes place.