<TABLE cellSpacing=0 cellPadding=2 width="100%" bgColor=white border=0 xmlns:msxsl="urn:schemas-microsoft-com:xslt" xmlns:js="http://cbs.markewatch.com/xsl"><TBODY><TR><TD width="100%" colSpan=2><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR><TD vAlign=top><TABLE width="100%"><TBODY><TR><TD vAlign=top>By Chelsea Bellows, MarketWatch
Last Update: 8:53 PM ET Feb. 23, 2005 </TD></TR></TBODY></TABLE></TD><TD style="PADDING-BOTTOM: 3px" vAlign=bottom align=left width=275></TD></TR></TBODY></TABLE></TD></TR><TR><TD width="100%">SAN FRANCISCO (MarketWatch) -- Among stocks likely seeing active trading in Thursday's regular session are Calpine Corp., J.C. Penney Co., and Staples Inc.
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Calpine (CPN: news, chart, profile) is seen posting a fourth-quarter loss of 19 cents a share; J.C. Penney (JCP: news, chart, profile) is seen posting a fourth-quarter profit of $1.11 a share; and Staples (SPLS: news, chart, profile) is seen posting fourth-quarter earnings of 50 cents a share, according to analysts polled by Thomson First Call.
Thursday's watch list
Aaron Rents Inc. (RNT: news, chart, profile) reported late Wednesday fourth-quarter earnings rose 34 percent to $13.8 million, or 27 cents a share, from $10.3 million, or 20 cents a share, a year ago. Revenue was $242.1 million vs. $209.4 million. Same-store sales rose 8 percent. It forecast first-quarter earnings of 29 cents to 32 cents a share on revenue of more than $270 million. It affirmed its 2005 earnings outlook of $1.13 to $1.20 a share on revenue of more than $1.1 billion.
BJ's Restaurants Inc. (BJRI: news, chart, profile) reported fourth-quarter earnings of $1.6 million, or 8 cents a share, vs. $719,000, or 3 cents a share, a year ago. Revenue was $37.9 million vs. $27 million. Analysts expected revenue of $37 million. See full story.
Chiron Corp. (CHIR: news, chart, profile) appointed its acting chief operating officer, Jack Goldstein, to the additional post of president. See full story.
Dynegy (DYN: news, chart, profile) , a natural gas and electricity firm, is seen posting a fourth-quarter loss of 24 cents a share.
Equity One (EQY: news, chart, profile) said none of its 16 Winn-Dixie (WNDXQ: news, chart, profile) stores will be closing. Winn-Dixie filed for bankruptcy protection on Monday and listed store leases it has asked the court to terminate.
FindWhat.com (FWHT: news, chart, profile) reported fourth-quarter results below analysts' estimates. See full story.
Gap Inc. (GPS: news, chart, profile) , a clothing retailer, is seen posting fourth-quarter earnings of 37 cents a share.
Gemstar-TV Guide (GMST: news, chart, profile) reported it swung to a fourth-quarter profit on higher revenue from cable and satellite providers. See full story.
H&R Block (HRB: news, chart, profile) , a tax preparer, is seen posting third-quarter earnings of 48 cents a share.
Kohl's (KSS: news, chart, profile) , a department store chain, is seen posting fourth-quarter earnings of 93 cents a share.
Limited Brands (LTD: news, chart, profile) , a clothing retailer, is seen posting fourth-quarter earnings of 90 cents a share.
Molina Healthcare (MOH: news, chart, profile) reported fourth-quarter earnings of $16.3 million, or 58 cents a share, up 37 percent from $11.9 million, or 46 cents a share, last year. Revenue was $375.4 million vs. $208.9 million. It reaffirmed its 2005 earnings forecast of $2.40 to $2.45 a share.
Nanogen Inc. (NGEN: news, chart, profile) reported its fourth-quarter loss widened to $11.2 million, or 31 cents a share, from $5.9 million, or 25 cents a share, a year ago. Revenue was $1 million vs. $2.1 million. It forecast 2005 revenue to increase at least three-fold from 2004 results.
Newmont Mining (NEM: news, chart, profile) , a gold producer, is seen posting fourth-quarter earnings of 32 cents a share.
Placer Dome Inc. (PDG: news, chart, profile) (CA
DG: news, chart, profile) reported fourth-quarter earnings fell 52 percent to $39 million, or 9 cents a share, from $81 million, or 20 cents a share, a year ago. Mining operating earnings were $78 million vs. $128 million. Revenue was $460 million vs. $492 million. It said it had a write-down of $10 million in mining assets and restructuring charges. It also said exploration expenditures in 2005 are expected to rise to $90 million, from $77 million in 2004.
Safeway (SWY: news, chart, profile) is seen posting fourth-quarter earnings of 47 cents a share.
Sara Lee Corp. (SLE: news, chart, profile) said it sees sales of $14 billion in 2010, with an operating margin of at least 12 percent, following completion of an overhaul announced earlier this month. It expects to spend an incremental $250 million on advertising and promotion and research and development to support its growth strategy, which is expected to produce savings of between $575 million and $810 million on an annualized basis. It also forecast its debt level would be reduced to between $1.5 billion and $2 billion by fiscal 2010.
Viacom (VIA: news, chart, profile) is seen posting fourth-quarter earnings of 38 cents a share.
Winn-Dixie Stores (WNDXQ: news, chart, profile) said the U.S. Bankruptcy Court has granted an $800 million debtor-in-possession financing from Wachovia Bank (WB: news, chart, profile) , replacing its previous $600 million credit line.
Last Update: 8:53 PM ET Feb. 23, 2005 </TD></TR></TBODY></TABLE></TD><TD style="PADDING-BOTTOM: 3px" vAlign=bottom align=left width=275></TD></TR></TBODY></TABLE></TD></TR><TR><TD width="100%">SAN FRANCISCO (MarketWatch) -- Among stocks likely seeing active trading in Thursday's regular session are Calpine Corp., J.C. Penney Co., and Staples Inc.
</TD></TR></TBODY></TABLE>
Calpine (CPN: news, chart, profile) is seen posting a fourth-quarter loss of 19 cents a share; J.C. Penney (JCP: news, chart, profile) is seen posting a fourth-quarter profit of $1.11 a share; and Staples (SPLS: news, chart, profile) is seen posting fourth-quarter earnings of 50 cents a share, according to analysts polled by Thomson First Call.
Thursday's watch list
Aaron Rents Inc. (RNT: news, chart, profile) reported late Wednesday fourth-quarter earnings rose 34 percent to $13.8 million, or 27 cents a share, from $10.3 million, or 20 cents a share, a year ago. Revenue was $242.1 million vs. $209.4 million. Same-store sales rose 8 percent. It forecast first-quarter earnings of 29 cents to 32 cents a share on revenue of more than $270 million. It affirmed its 2005 earnings outlook of $1.13 to $1.20 a share on revenue of more than $1.1 billion.
BJ's Restaurants Inc. (BJRI: news, chart, profile) reported fourth-quarter earnings of $1.6 million, or 8 cents a share, vs. $719,000, or 3 cents a share, a year ago. Revenue was $37.9 million vs. $27 million. Analysts expected revenue of $37 million. See full story.
Chiron Corp. (CHIR: news, chart, profile) appointed its acting chief operating officer, Jack Goldstein, to the additional post of president. See full story.
Dynegy (DYN: news, chart, profile) , a natural gas and electricity firm, is seen posting a fourth-quarter loss of 24 cents a share.
Equity One (EQY: news, chart, profile) said none of its 16 Winn-Dixie (WNDXQ: news, chart, profile) stores will be closing. Winn-Dixie filed for bankruptcy protection on Monday and listed store leases it has asked the court to terminate.
FindWhat.com (FWHT: news, chart, profile) reported fourth-quarter results below analysts' estimates. See full story.
Gap Inc. (GPS: news, chart, profile) , a clothing retailer, is seen posting fourth-quarter earnings of 37 cents a share.
Gemstar-TV Guide (GMST: news, chart, profile) reported it swung to a fourth-quarter profit on higher revenue from cable and satellite providers. See full story.
H&R Block (HRB: news, chart, profile) , a tax preparer, is seen posting third-quarter earnings of 48 cents a share.
Kohl's (KSS: news, chart, profile) , a department store chain, is seen posting fourth-quarter earnings of 93 cents a share.
Limited Brands (LTD: news, chart, profile) , a clothing retailer, is seen posting fourth-quarter earnings of 90 cents a share.
Molina Healthcare (MOH: news, chart, profile) reported fourth-quarter earnings of $16.3 million, or 58 cents a share, up 37 percent from $11.9 million, or 46 cents a share, last year. Revenue was $375.4 million vs. $208.9 million. It reaffirmed its 2005 earnings forecast of $2.40 to $2.45 a share.
Nanogen Inc. (NGEN: news, chart, profile) reported its fourth-quarter loss widened to $11.2 million, or 31 cents a share, from $5.9 million, or 25 cents a share, a year ago. Revenue was $1 million vs. $2.1 million. It forecast 2005 revenue to increase at least three-fold from 2004 results.
Newmont Mining (NEM: news, chart, profile) , a gold producer, is seen posting fourth-quarter earnings of 32 cents a share.
Placer Dome Inc. (PDG: news, chart, profile) (CA
DG: news, chart, profile) reported fourth-quarter earnings fell 52 percent to $39 million, or 9 cents a share, from $81 million, or 20 cents a share, a year ago. Mining operating earnings were $78 million vs. $128 million. Revenue was $460 million vs. $492 million. It said it had a write-down of $10 million in mining assets and restructuring charges. It also said exploration expenditures in 2005 are expected to rise to $90 million, from $77 million in 2004.Safeway (SWY: news, chart, profile) is seen posting fourth-quarter earnings of 47 cents a share.
Sara Lee Corp. (SLE: news, chart, profile) said it sees sales of $14 billion in 2010, with an operating margin of at least 12 percent, following completion of an overhaul announced earlier this month. It expects to spend an incremental $250 million on advertising and promotion and research and development to support its growth strategy, which is expected to produce savings of between $575 million and $810 million on an annualized basis. It also forecast its debt level would be reduced to between $1.5 billion and $2 billion by fiscal 2010.
Viacom (VIA: news, chart, profile) is seen posting fourth-quarter earnings of 38 cents a share.
Winn-Dixie Stores (WNDXQ: news, chart, profile) said the U.S. Bankruptcy Court has granted an $800 million debtor-in-possession financing from Wachovia Bank (WB: news, chart, profile) , replacing its previous $600 million credit line.
