Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

Martek Shares Surge on Earnings

Martek Biosciences(MATK) shares rose Wednesday after the company reported better-than-expected 17 cents vs. 23 cents first quarter EPS on 5.4% lower revenue. First Albany upgraded its rating on the shares to buy from neutral. S&P reiterated its buy opinion.

GAMCO Investors (GBL) shares were seen lower as reports that the Justice Dept said it will pursue civil fraud claims against Mario Gabelli, alleging that the famed money manager was at the center of a scheme to deceive the Federal Communications Commission in auctions of cellphone spectrum.

Google (GOOG) shares moved lower Wednesday. The Web search company says information on its Website regarding $9.5 billion in 2006 ad revenue, and AdSense margins was inadvertently posted, and should not be regarded as guidance.

Lexar Media (LEXR) agreed to be acquired by Micron Technology (MU) in a stock-for-stock merger deal. Lexar holders are to get 0.5625 shares of Micron Technology stock for each share held.

Pixar (PIXR) posts 25 cents vs. 45 cents fourth quarter earnings per share (EPS) on a 51% revenue drop.

Answerthink (ANSR) says impact from Dana's Chapt. 11 filing could reduce Answerthink's previously provided first quarter 2006 revenue guidance by as much as $400,000, and pro forma earnings per share (EPS) guidance by as much as $0.015.

Take-Two Interactive (TTWO) posts 41 cents first quarter loss vs. 79 cents EPS on a 47% revenue decline.

Six Flags (PKS) posts $1.55 fourth quarter loss vs. $1.24 loss as higher operating costs offset a 6% revenue rise.

McDonald's (MCD) posts 4.7% higher February global comp-sales for its restaurants and 3% higher systemwide sales (as reported).

Labarge (LB) expects third quarter sales and earnings per share to approach or be comparable to the second quarter level, while fiscal year 2006 sales will grow about 5% over the prior year and EPS will be comparable to fiscal year 2005. It cites continuing delays bringing new contracts into full production.

Tech Data Corp (TECD) posts 70 cents vs. 78 cents fourth quarter EPS from continuing operations (non-GAAP) on a 1.3% sales decline. It sees 28 cents to 34 cents first quarter EPS on sales of $4.85 billion to $4.95 billion.

Cooper (COO) posts lower-than-expected 58 cents first quarter EPS (ex. FASB-123R) on a 45% revenue rise (constant currency.) It cuts fiscal year 2006 guidance to $3.15 to $3.35 EPS, including FASB-123R, on revenue of $908 million to $936 million. It sees $3.55 to $3.95 fiscal year 2007 EPS.

Maidenform Brand (MFB) posts a penny fourth quarter loss vs. 20 cents loss on a 6.8% sales rise. It sees $18 million to $20 million 2006 total operating cash flow, and about $5 million in capital expenses driven primarily by infotech enhancements. It still sees 2006 5% to 7% sales growth.

blog comments powered by Disqus