graphic
Markets & Stocks
Hot Stocks: En español
January 8, 2001: 5:33 p.m. ET

Spanish-language broadcasters hit after Hispanic Broadcasting warns; Amazon up
graphic
graphic graphic
graphic
NEW YORK (CNNfn) - Hispanic Broadcasting cast a pall over other Spanish-language broadcasters after the company warned of lower-than-expected revenue for its fiscal fourth quarter.

Amazon.com moved up after-hours Monday after the online retailer reporter an increase in sales in its fourth quarter.

Monday's after-hours losers

Hispanic Broadcasting (HSP: Research, Estimates) down $1.50 to $22.38. Univision (UVN: Research, Estimates) unchanged at $43.81. Deutsche Banc Alex. Brown downgraded the Spanish-language broadcasters to "buy" from "strong buy." Hispanic Broadcasting warned Sunday that its fourth-quarter revenue and cash flow would be below expectations.

Monday's after-hours newsmakers

Amazon.com (AMZN: Research, Estimates) up 22 cents to $15.16. The online retailer said on Monday that sales for the crucial fourth quarter rose more than 40 percent to $960 million, while its pro forma operating loss shrank.

Time Warner (TWX: Research, Estimates) unchanged at $60.64. Jessica Reif Cohen of Merrill Lynch said Monday Time Warner's fourth-quarter earnings should come in at 13 cents a share, compared with 20 cents a year ago. Cohen previously projected earnings of 19 cents a share. Cohen cited increases in interest expense and digital media spending. Time Warner is the parent company of CNNfn.

Cisco Systems (CSCO: Research, Estimates) up 35 cents to $36.88, Intel (INTC: Research, Estimates) up 37 cents to $32.31. Oracle (ORCL : Research, Estimates) unchanged at $29.94  BEA Systems (BEAS: Research, Estimates) up $2.19 to $48.63, America Online (AOL: Research, Estimates) up 91 cents to $40.94. A number of big-name technology stocks continued to suffer after Friday's sell-off.

SAP (SAP: Research, Estimates) down 13 cents to $36. Europe's biggest software maker said its fourth-quarter performance was stronger than expected.

Versata (VATA: Research, Estimates) down 6 cents to $3.75. The software provider said it expects to report a fourth-quarter loss, wider than Wall Street expectations, due to slowing sales.

Drugstore.com (DSCM: Research, Estimates) unchanged at $2.16 The online pharmacy said fourth-quarter sales would surpass Wall Street forecasts.

Dell Computer (DELL: Research, Estimates) up 6 cents to $19.19. Bear Stearns cut its fiscal 2001 and 2002 earnings estimates for the computer maker, reflecting lower sales and margins.

Tut Systems (TUTS: Research, Estimates) unchanged at $5.84. The broadband systems access provider warned it would post lower-than-expected fourth-quarter results, citing tight capital markets and slowing orders in the telecommunications industry.

New Era of Networks (NEON: Research, Estimates) down 3 cents to $3.06. The software company said late Friday it expects to record a loss of about 35 cents per share for the fourth quarter -- far weaker than analysts' estimates of a profit -- and will take a restructuring charge in the quarter.

Exabyte (EXBT: Research, Estimates) up 41 cents to $2.75. The network backup systems provider fell despite saying it expected fourth-quarter pretax loss per share to be at least 20 percent narrower than a year earlier.

AmeriTrade (AMTD: Research, Estimates) down 19 cents to $8.44. The online stock-trading company said it will lay off about 9 percent of its work force, due to a decrease in market volume in recent months.

USG (USG: Research, Estimates) unchanged at $21.31. Goldman Sachs analyst Christopher Winham cut his outlook for the gypsum wallboard maker's earnings per share.

VerticalNet (VERT: Research, Estimates) up 12 cents to $4.03. The provider of business-to-business online commerce centers named company co-founder Michael Hagan as its new president and chief executive, replacing Joseph Galli, who is headed for Newell Rubbermaid (NWL: Research, Estimates).

Salton Inc (SFP: Research, Estimates) down 10 cents to $18.84. The maker of George Foreman indoor grills on Monday warned that its second-quarter net sales would be weaker than expected and would be down from a year earlier as the soft retail environment took away some of the company's punch.

COR Therapeutics (CORR: Research, Estimates) unchanged at $31.19. The pharmaceutical confirmed consensus estimates of a "slight profit" in the fourth quarter and that the 2000 sales of its Integrilin drug would be within previous guidance.

US Airways Group (U: Research, Estimates) unchanged at $44. AMR (AMR: Research, Estimates),the parent of American Airlines, is negotiating to buy the assets of Trans World Airlines (TWA: Research, Estimates) and some assets resulting from a proposed merger of UAL (UAL: Research, Estimates) and US Airways, according to published reports.

Ciphergen Biosystems (CIPH: Research, Estimates) up 56 cents to $8.88. The company, which makes biochips that enable researchers to understand diseases, said its fourth-quarter revenue will be 10 to 15 percent below its earlier expectations.

Aclara BioSciences (ACLA: Research, Estimates) up 6 cents to $13.75. Caliper Technologies (CALP: Research, Estimates) said Sunday it and scientific-instrument maker Aclara BioSciences had settled patent lawsuits pending between them.

Standard Commercial (STW: Research, Estimates) closed up $1.19 at $719. First Union Securities upgraded the tobacco merchant to "strong buy" from "buy." graphic


-- compiled by Mark Gongloff and Parija Bhatnagar from staff and wire reports





graphic

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.