f-h Oni BW sb & Friends-TTT, Dienstach 09.11.04
SAN FRANCISCO (AFX) -- Shares of Internet equipment maker Cisco Systems fell
in the evening trading session Tuesday after it reported quarterly earnings that
were in line with analysts' expectations but revenue that was a little short of
forecasts.
The Nasdaq 100 After Hours indicator, which tracks the evening trading of the
technology-heavy index's leading shares, fell 1.76 points to 1,525.24.
Cisco fell 2.3 percent to $19.29 after it reported fiscal first-quarter net
income of 21 cents per share on revenue of $5.97 billion. Pro forma earnings
were 21 cents per share. It was expected to report a profit of 21 cents a share
on revenue of $6.02 billion, according to analysts polled by Thomson First Call.
The company will be giving an outlook in a conference call set to start later
this afternoon.
Analysts currently expect Cisco to earn 22 cents a share on sales of $6.21
billion in its second fiscal quarter.
The company said in August that it expected revenue in the first quarter of
$5.92 billion to $6.04 billion.
Cisco Systems is one of the most closely watched technology leaders in the
world, and its earnings and forecasts for coming quarters often help set the
tone across the spectrum of tech companies.
Earlier, the Dow Jones Industrial Average fell 4.94 points to close at
10,386.37, while the Nasdaq Composite Index rose 4.08 points to finish at
2,043.33.
High tech outsourcing group Computer Sciences Corp. rose 2.3 percent to $51.30
after it reported fiscal second-quarter earnings of 68 cents per share on
revenue of $3.93 billion. It was expected to report a profit of 66 cents per
share on sales of $3.87 billion.
Furniture maker La-Z-Boy 8.4 percent to $13.12 after it reported a fiscal
second-quarter profit of 17 cents per share on revenue of $534 million. It was
expected to earn 21 cents per share on sales of $528 million.
Gemstar-TV Guide fell 5.4 percent to $5.65 after it reported a third-quarter
loss of 23 cents per share on sales of $175.1 million. Excluding items, it
earned 2 cents per share. It was expected to break even on a per-share basis on
revenue of $177 million.
Gemstar also forecast a 2004 loss from operations of between $82 million and
$102 million.
Biotechnology firm Dendreon Corp. fell 7.8 percent to $11.97 after it reported
wider third quarter losses that were largely attributable to the its termination
of a collaboration agreement with Japanese drugmaker Kirin Brewery.
This story was supplied by CBSMarketWatch. For further information see
www.cbsmarketwatch.com.
Greetz f-h
...der Oiro ärgert mich immer noch, da bin ich voll reingelaufen..
Greetz f-h
Wer kann schon immer 100%ig richtig liegen...?!
Beste Grüße
Tazzel
Greetz f-h
Greetz f-h
ich mach mich vom acker.
n8@all
schlaft schön :-)
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