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EPR Archived News |
Harris Corp Declares 2 For-1 Stock Split And 12 cent Quarterly DividendReleased on = February 26, 2005, 10:45 am Press Release Author = C.P. Barry Industry = Financial Press Release Summary = Dynamic Materials (Nasdaq: BOOM) shares nearly doubled Friday after the company posted a strong third-quarter profit. For its third quarter ended Sept. 30, the Boulder, Colo., metalworking company earned $833,902, or 16 cents a share. Press Release Body = (EMAILWIRE.COM, February 26, 2005) Lake Harmony, PA – Harris Corp. (NYSE: HRS) on Friday declared a Two-for-One stock split, reflecting what it said was a strong financial performance during the year. The company, which provides communications services through radio, broadcast, and microwave systems, also declared its regular quarterly dividend of 12 cents per share. More Hot News: Dynamic Materials (Nasdaq: BOOM) shares nearly doubled Friday after the company posted a strong third-quarter profit. For its third quarter ended Sept. 30, the Boulder, Colo., metalworking company earned $833,902, or 16 cents a share. That reverses the year-ago loss of $679,393, or 13 cents a share. On a continuing operations basis, latest-quarter earnings jumped to 22 cents a share from 7 cents a share a year earlier. Synaptics (Nasdaq: SYNA) shares were among technology's winners Friday, rising 15.8% after the maker of touchpad technology squashed market rumors by confirming that its technology is being used in new versions of Apple Computer's (Nasdaq: AAPL) iPod. Blue Coat Systems
(Nasdaq: BCSI) shares fell 17.2% after the company posted third-quarter
earnings that were ahead of expectations but provided fourth-quarter
earnings guidance that didn't impress investors. The software maker
posted third-quarter pro forma earnings of $1.4 million, or 11 cents
a share, on sales of Butler Investments
(Nasdaq: BUIV) recently announced that the company has received
initial mobilization fees for the upgrade of the oil refinery in
Sharjah. The goal of the project is to increase the facility's production
capacity to better than Catalyst Semiconductor (Nasdaq: CATS) shares fell 5.2% after the maker of programmable technology products posted third-quarter earnings and sales that fell short of expectations. The company earned $107,000, or 1 cent a share, on sales of $13.7 million. Analysts were expecting earnings of 3 cents a share on sales of $15.3 million. Kohl's Corp
(NYSE: KSS) shares rose 4.1% after the retailer posted fourth-quarter
earnings that were better than expected. The company earned $324.9
million, or 94 cents a share, on sales of $4.08 billion. Analysts
were expecting earnings of 93 Featherlite Inc. (Nasdaq: FTHR) shares rose 23.9% after the maker of trailers and luxury motorcoaches posted solid fourth-quarter results. The company earned $1.2 million, or 16 cents a share, on sales of $56.6 million.
Web Site = http://www.TheNewsWire.com Contact Details
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