3Com, Walgreen, Tiffany
By MarketWatch
Last Update: 6:00 PM ET Mar 20, 2008
SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to
see active trade in Monday’s session are 3Com, Walgreen, and Tiffany. The Nasdaq
and NYSE markets are closed Friday in observance of Good Friday.
3Com Corp. (COMS), which saw its merger deal with an affiliate of Bain Capital
collapse, is projected to report earnings of 3 cents a share in the third
quarter, according to analysts polled by FactSet Research.
Walgreen (WAG), the nation’s largest drugstore chain, is likely to report
earnings of 67 cents a share in the second quarter.
Tiffany & Co. (TIF), the operator of jewelry and specialty retail stores, is
expected to report earnings of $1.21 a share in the fourth quarter.
Phillips-Van Heusen, (PVH), which owns and markets brands such as Calvin Klein
and Izod, is forecast to post fourth-quarter earnings of 53 cents a share.
Sonic Corp. (SONC), the nation’s largest chain of drive-in restaurants, is
estimated to post second-quarter earnings of 15 cents a share.
After Thursday’s closing bell, Palm Inc. (PALM) said it swung to a third-quarter
net loss of $31.5 million, or 30 cents a share, compared to earnings of $11.8
million, or 11 cents a share, for the same period last year. Excluding certain
charges, the company said net losses would have come in at $17 million, or 16
cents a share. Revenue fell 24% to $312.1 million. Analysts were expecting a loss
of 14 cents a share on revenue of $315.7 million.
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