More Stocks That Declined Tuesday
Sonic Automotive Inc. (NYSE:SAH - News) said Tuesday its fourth-quarter earnings from continuing operations rose to $28.4 million, or 63 cents a share, from $26.7 million, or 61 cents, a year earlier. The average earnings estimate of eight analysts surveyed by Thomson Financial was 60 cents a share. The Charlotte, N.C., automotive retailer said revenue for the three months ended Dec. 31 rose to $1.96 billion from $1.84 billion.
Sonic Corp. (NasdaqGS:SONC - News) said it expects fiscal second-quarter earnings to come in at the low end of its previous forecast of 9 cents to 10 cents a share. The Oklahoma City-based restaurant chain also said it expects systemwide same-store sale to be near or slightly below the low end of its target range of a 2% to 4% increase.
Symantec Corp. (NasdaqGS:SYMC - News) said that its security and data management group president, Jeremy Burton, left the company.
Target Corp. (NYSE:TGT - News) said its fourth-quarter profit jumped 19%, helped by robust holiday sales, new store expansion, and its credit card operations.
Tenet Healthcare Corp. (NYSE:THC - News) said Tuesday its fourth-quarter loss widened to $386 million, or 82 cents a share, from a loss of $286 million, or 61 cents, a year earlier. The average estimated loss of 18 analysts surveyed by Thomson Financial was 4 cents a share. The Dallas company said revenue for the three months ended Dec. 31 rose 2.6% to $2.18 billion from $2.12 billion.
Threshold Pharmaceuticals Inc.'s (NasdaqGM:THLD - News) Phase III trial of glufosfamide didn't show significant improvement in overall survival among metastatic pancreatic cancer patients.
United Rentals Inc.'s (NYSE:URI - News) fourth-quarter net income rose 8.2% as revenue rose 5.5% to $939 million.
USEC Inc.'s (NYSE:USU - News) shares slipped after the Bethesda, Md.-based energy company late Monday reported fourth-quarter net earnings of $40.1 million, or 46 cents a share, vs. $29.6 million, or 34 cents a share, in the year-ago period. Revenue fell to $544.2 million from $549.7 million. USEC forecast a 2007 loss of $10 million to $20 million on revenue of $1.86 billion.
Vornado Realty Trust (NYSE:VNO - News) said Tuesday its fourth-quarter funds from operations rose to $211.8 million, or $1.34 a share, from $194.1 million, or $1.26. a year earlier. The Paramus, N.J., real-estate investment trust said net income for the three months ended Dec. 31, fell to $105.4 million, or 69 cents a share, or $105.7 million, 71 cents, a year earlier.
Warnaco Group Inc.'s (NasdaqGS:WRNC - News) fourth-quarter net income nearly tripled to $18.9 million, or 41 cents a share, as the New York apparel company's revenue grew 36% to $480.6 million.
Washington Group International Inc. (NasdaqGS:WGII - News) reported fourth-quarter earnings of $28.9 million, or 95 cents a share, up 42%. Revenue at the Boise, Idaho, provider of design, engineering and construction services was $855.3 million vs. $899.4 million.
WebSideStory Inc.'s (NasdaqGM:WSSI - News) swung to a fourth-quarter loss of 7 cents a share, from profit of 28 cents a share, a year earlier. The San Diego provider of on-demand digital marketing and customer analysis applications said revenue increased 55% to $18.2 million.
Xerox Corp. (NYSE:XRX - News) cut its first-quarter earnings estimate to account for restructuring charges at its 25%-held Fuji Xerox.
Sonic Corp. (NasdaqGS:SONC - News) said it expects fiscal second-quarter earnings to come in at the low end of its previous forecast of 9 cents to 10 cents a share. The Oklahoma City-based restaurant chain also said it expects systemwide same-store sale to be near or slightly below the low end of its target range of a 2% to 4% increase.
Symantec Corp. (NasdaqGS:SYMC - News) said that its security and data management group president, Jeremy Burton, left the company.
Target Corp. (NYSE:TGT - News) said its fourth-quarter profit jumped 19%, helped by robust holiday sales, new store expansion, and its credit card operations.
Tenet Healthcare Corp. (NYSE:THC - News) said Tuesday its fourth-quarter loss widened to $386 million, or 82 cents a share, from a loss of $286 million, or 61 cents, a year earlier. The average estimated loss of 18 analysts surveyed by Thomson Financial was 4 cents a share. The Dallas company said revenue for the three months ended Dec. 31 rose 2.6% to $2.18 billion from $2.12 billion.
Threshold Pharmaceuticals Inc.'s (NasdaqGM:THLD - News) Phase III trial of glufosfamide didn't show significant improvement in overall survival among metastatic pancreatic cancer patients.
United Rentals Inc.'s (NYSE:URI - News) fourth-quarter net income rose 8.2% as revenue rose 5.5% to $939 million.
USEC Inc.'s (NYSE:USU - News) shares slipped after the Bethesda, Md.-based energy company late Monday reported fourth-quarter net earnings of $40.1 million, or 46 cents a share, vs. $29.6 million, or 34 cents a share, in the year-ago period. Revenue fell to $544.2 million from $549.7 million. USEC forecast a 2007 loss of $10 million to $20 million on revenue of $1.86 billion.
Vornado Realty Trust (NYSE:VNO - News) said Tuesday its fourth-quarter funds from operations rose to $211.8 million, or $1.34 a share, from $194.1 million, or $1.26. a year earlier. The Paramus, N.J., real-estate investment trust said net income for the three months ended Dec. 31, fell to $105.4 million, or 69 cents a share, or $105.7 million, 71 cents, a year earlier.
Warnaco Group Inc.'s (NasdaqGS:WRNC - News) fourth-quarter net income nearly tripled to $18.9 million, or 41 cents a share, as the New York apparel company's revenue grew 36% to $480.6 million.
Washington Group International Inc. (NasdaqGS:WGII - News) reported fourth-quarter earnings of $28.9 million, or 95 cents a share, up 42%. Revenue at the Boise, Idaho, provider of design, engineering and construction services was $855.3 million vs. $899.4 million.
WebSideStory Inc.'s (NasdaqGM:WSSI - News) swung to a fourth-quarter loss of 7 cents a share, from profit of 28 cents a share, a year earlier. The San Diego provider of on-demand digital marketing and customer analysis applications said revenue increased 55% to $18.2 million.
Xerox Corp. (NYSE:XRX - News) cut its first-quarter earnings estimate to account for restructuring charges at its 25%-held Fuji Xerox.
Labels: SAH, SONC, SYMC, TGT, THC, THLD, URI, USU, VNO, WGII, WRNC, WSSI, XRX
posted by Stock Administrator @ 3:07 PM
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