Monday, May 14, 2007

Agilent Advances on Forecast; STEC Retreats on Profit: U.S. After Hours

(Bloomberg) -- Agilent Technologies Inc. climbed in extended U.S. trading after the world's biggest maker of scientific-testing equipment forecast third-quarter profit that topped analysts' estimates.

Shares of the Santa Clara, California-based company gained $1.69, or 4.7 percent, to $37.91 as of 5:34 p.m. in New York. Agilent said fiscal third-quarter profit excluding some items may be 46 cents to 50 cents a share. That's more than the 45-cent average analyst estimate compiled by Bloomberg. The company said second-quarter earnings rose 7 percent after demand increased for bio-analytical instruments.


Read more at Bloomberg Stocks News

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