Economic Calendar

Friday, August 28, 2009

Aruba Networks, J.Crew, Marvell, Netezza: U.S. Equity Preview

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By Lu Wang

Aug. 28 (Bloomberg) -- Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parentheses.

Aruba Networks Inc. (ARUN US): The builder of wireless networks posted fourth-quarter earnings, excluding some items, of 3 cents a share, topping the average analyst estimate by 50 percent.

J.Crew Group Inc. (JCG US): The U.S. clothing retailer reported second-quarter profit that exceeded analysts’ estimates after the company added stores.

Marvell Technology Group Ltd. (MRVL US): The maker of chips for computers and mobile phones reported 30 percent more per- share earnings than analysts anticipated in the second quarter.

Netezza Corp. (NZ US): The maker of data-storage appliances reported second-quarter profit and sales that missed analysts’ estimates.

OmniVision Technologies Inc. (OVTI US): The maker of image sensors for camera phones forecast second-quarter profit excluding some items of at least 10 cents a share. Analysts, on average, expected the company to report a loss of 4 cents, according to a Bloomberg survey.

To contact the reporter on this story: Lu Wang in New York at lwang8@bloomberg.net




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