FRIDAY ----Watch these STOCKS

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<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%">Borland Software (BORL: news, chart, profile) warned late Thursday it would post a loss for the first quarter, as it took longer than expected to close deals in the U.S. and Europe. See full story.

Magma Design Automation (LAVA: news, chart, profile) cut its fourth-quarter revenue forecast to a range of $34.5 million to $35.5 million. It forecast a loss of 10 cents to 14 cents a share. It previously forecast earnings to be between breakeven and 4 cents a share. See After Hours column.

Friday's watch list

Accenture Ltd. (ACN: news, chart, profile) rose more than 3% in late trading after it reported a 70.4% rise in second-quarter earnings. See full story.

Alico Inc. (ALCO: news, chart, profile) said it promoted Controller Patrick Murphy to chief financial officer. Murphy replaces Craig Simmons effective April 15.

The Securities and Exchange Commission said it obtained a court order protecting documents related to its investigation of American International Group (AIG: news, chart, profile) . See full story.

Ariba Inc. (ARBA: news, chart, profile) said its second-quarter results would miss its previous forecast as the rate and pace of clinching deals fell short of its expectations. See full story.

Blue Coat Systems (BCSI: news, chart, profile) fell 15% after announcing the SEC launched a formal, nonpublic probe into the company. See full story.

Constellation Brands Inc. (STZ: news, chart, profile) reported fourth-quarter earnings of $47.6 million, or 40 cents a share, vs. $62.8 million, or 55 cents a share, of a year ago. See full story.

A federal judge in Delaware rejected claims by billionaire Kirk Kerkorian that Daimler-Benz hoodwinked shareholders in the way it structured its takeover of Chrysler (DCX: news, chart, profile) in 1998. See full story.

El Paso Corp. (EP: news, chart, profile) said it will restate fourth-quarter 2003 and full-year 2003 results due to a deferred tax benefit on a discontinued Canadian operation. It said it expects the restatement to increase its 2003 loss to $1.01 a share from 87 cents a share. It said the restatement will not impact its 2003 income or cash flow and will not impact results from 2002 or 2004.

Federated Department Stores Inc. (FD: news, chart, profile) and The May Department Stores Co. (MAY: news, chart, profile) said the Federal Trade Commission has asked for additional information in its review of Federated's plan to buy May. See full story.

Silicon Graphics (SGI: news, chart, profile) said several server and storage deals didn't close at the end of the quarter and it now expects to post revenue of $160 million. See full story.

Tekelec (TKLC: news, chart, profile) said William Everett is its new chief financial officer. Everett is the former CFO of Steleus Group Inc.

Trex Co. (TWP: news, chart, profile) said it expects first-quarter earnings between 50 cents and 52 cents a share on revenue of $90 million. Last year, it posted earnings of 63 cents a share on revenue of $76.3 million.

USF Corp. (USFC: news, chart, profile) fell more than 4 percent after it warned of a first-quarter earnings shortfall caused in part by a slowdown in the automotive industry. See full story.

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Chelsea Bellows is a reporter for MarketWatch in San Francisco</TD></TR></TBODY></TABLE>
 

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