) shares moved lower Tuesday, as the post-IPO lockup period on some 39 million shares expires.
) posted 54 cents, vs. 46 cents third-quarter earnings per share on 1.7% total U.S. same-store store sales rise, and a 9.9% total revenue rise. The retail giant reportedly raised its fiscal 2005 earnings-per-share forecast to $2.39 to $2.41. The shares traded lower on Tuesday.
Electronic Data Systems (EDS
) posted a 30 cents third-quarter loss, vs. a 3-cent loss on a slight revenue decline and asset impairment charge. The company says its auditor advises the company to restate 2003 quarterly results due to "material" weaknesses in the company's internal controls.
) posted 41 cents, vs. 33 cents third-quarter earnings per share on 4% higher North American retail same-store sales, and 12% higher total sales. The office-supply retailer sees 50 cents fourth-quarter earnings per share on low double-digit sales growth for the total company.
Juniper Networks (JNPR
) announced that it has been awarded the largest share of a contract for China Telecom's next-generation backbone network.
BJ's Wholesale (BJ
) posted 33 cents, vs. 29 cents third-quarter earnings per share on a 6.1% same-store sales rise, and a 9.9% total revenue rise.
Home Depot (HD
) posted 60 cents, vs. 50 cents third-quarter earnings per share on 4.5% same-store sales rise, and 13% total sales rise. It raises 14% to 17% fiscal 2005 earnings-per-share growth guidance to 19% to 20%.
Pennrock Financial (PRFS
) agreed to be acquired by Community Banks (CMTY
) in a deal valued at about $326 million. The terms of the agreement shareholder will receive 1.4 Community Bank shares per Pennrock share.
Georgia Gulf (GGC
) gains after CS First Boston upgrades the stock to outperform from neutral.
) declines after Raymond James downgrades to market perform from strong buy.
China Netcom Group (CN
) rises after its initial 47.1 million ADSs are offered at $21.82, each representing 20 ordinary shares.
Blue Nile (NILE
) loses net shares after the company revealed in its 8-K filing that Chairman and CEO, President Mark Vadon, CFO Diane Irvine, and COO and CIO Robert Paquin each adopted a pre-arranged stock-trading plan in accordance with Rule 10b5-1.
) posted a 18-cent third-quarter loss, vs. 9 cents earnings per share (including items) as higher costs offset slightly higher same-store sales.