By Sue Chang, MarketWatch
SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Tuesday’s session are Adobe Systems, Inc., ConAgra Foods Inc., Hovnanian Enterprises Inc., Jabil Circuit Inc., Nike Inc. and Red Hat Inc.
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CarMax Inc. (NYS:KMX) is projected to post earnings of 34 cents a share in the third quarter.
Carnival Corp. (NYS:CCL) is expected to report fourth-quarter earnings of 32 cents a share.
Cintas Corp. (NAS:CTAS) is forecast to report second-quarter earnings of 38 cents a share.
ConAgra (NYS:CAG) is projected to post second-quarter earnings of 48 cents a share.
Hovnanian (NYS:HOV) is estimated to post a loss of 67 cents a share in the fourth quarter.
Nike (NYS:NKE) is expected to report second-quarter earnings of 88 cents a share, according to a survey by FactSet Research.
Red Hat is forecast to report third-quarter earnings of 20 cents a share.
Tibco Software Inc. is expected to post earnings of 28 cents a share for the fourth quarter.
After the closing bell on Monday, Adobe Systems Inc. (NAS:ADBE) beat Wall Street’s targets for its fiscal fourth quarter thanks to strong demand for the company’s software products. Read more on the Adobe report.
American Surgical Holdings Inc. agreed to be acquired for $2.87 a share cash by an affiliate of private-equity firm Great Point Partners.
Jabil Circuit Inc. (NYS:JBL) reported fiscal first-quarter net income of 49 cents a share, or an adjusted 61 cents, versus 13 cents in the year-earlier quarter. A survey of analysts by FactSet Research produced a consensus estimate of 55 cents for the quarter.
LaserCard Corp. agreed to be acquired by Assa Abloy AB (OTC:ASAZY) for $6.25 a share cash.
Martek Biosciences Corp. agreed to be acquired by DSM (OTC:KDSKF) for $31.50 a share cash, or $1.09 billion.