Mixed Opening
Stocks appeared set
to open mixed Wednesday.
WebMethods
(
WEBM |
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PowerRating) reported a Q2
loss of 16 cents a share or $8.1 million, beating analysts’ estimates by a
penny.
Energy maker Aquila
(
ILA |
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PowerRating) said it
expects Q3 earnings to increase by 37% in comparison with the same quarter a
year ago.
Brooks Automation
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PowerRating) said it
will acquire PRI Automation
(
PRIA |
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PowerRating) in a stock deal worth approximately $380
million.
Defense contractor Honeywell
International
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HON |
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PowerRating) posted a Q3 net loss of $308 million or 38 cents a share
vs. earnings of $282 million for the same quarter a year ago. Before charges,
HON earned 44 cents a share meeting analysts’ expectations according to analysts
surveyed by Thomson Financial/First Call.
Avaya
(
AV |
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PowerRating) the communications
equipment spinoff from Lucent Technologies
(
LU |
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PowerRating) posted a net loss of $1.17
per share on a diluted basis, or $328 million. Operating earnings dropped to 4
cents a share beating analysts’ estimates by a penny, based on data collected by
Thomson Financial/First Call.
Abbott Laboratories
(
ABT |
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PowerRating) said it
will acquire Vysis Inc
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VYSI |
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PowerRating), a laboratory products maker for
approximately $355 million in stock.
Hospital chain HCA Inc
(
HCA |
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PowerRating) said
operating profits for Q3 rose 12%. Earnings came in at 40 cents a share, in line
with analysts’ estimates according to Thomson Financial/First Call.
Amazon.com
(
AMZN |
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PowerRating) posted a Q3
loss of 16 cents a share, in line with analysts’ expectations.