Friday Stocks to Watch

Movers from MarketWatch:

Advancers

99 Cents Only Stores (NDN) reported third-quarter earnings of $8.9 million, or 13 cents a share, up 31% from the year-ago period. The City of Commerce, Calif., discount retailer posted revenue for the three months ended Dec. 31, 2006, of $302.1 million vs. $278.8 million. The company also said that it filed its Form 10-Q for the quarter, bringing it current with its Securities and Exchange Commission filings.

Aquantive Inc. (AQNT) agreed to be acquired by Microsoft Corp. for $66.50 a share, a premium to Thursday's close at $35.87. Microsoft (MSFT) expects the deal for Aquantive, a Seattle digital-marketing-technology provider, to be completed in the first half of fiscal 2008.

Buffalo Wild Wings (BWLD) declared a 2-for-1 stock split, payable June 15 to holders of record June 1. The company also is acquiring nine of its franchised properties in the Las Vegas area for $26 million.

Dr Reddy's Laboratories (RDY) swung to profit of $75 million for the fourth quarter ended March 31 from a $5 million loss in the year-earlier quarter. Revenue more than doubled to $361 million.

Focus Media Holding (FMCN) first-quarter net income rose 73% to $16.3 million, or 15 cents an American depositary share, from a year earlier. Excluding stock-based compensation and amortization from acquisitions, the latest earnings were 21 cents per ADS. Revenue for the Shanghai advertising company jumped 76% to $58.1 million.

General Electric Co. (GE) is close to a final agreement to sell its plastics division, according to a media report. After an extended auction involving a number of bidders, two remain: Saudi Basic Industries Corp. of Riyadh and Basell of Hoofddorp, Netherlands, The Wall Street Journal reported on its Web site, citing people familiar with the matter.

Home Solutions of America Inc. (HSOA) shares rallied after the Dallas-based company said its Fireline Restoration Inc. subsidiary has entered into a joint venture agreement with Blue Diamond Construction Inc. to develop and build residential condominiums and mixed use retail space in New York City. The contracts are worth more than $100 million to Fireline, the company said. Construction is scheduled to begin during the third quarter and should be completed by 2009. Fireline is expected to complete roughly $12 million in work under the contract this year, which the company said was not included in its previously announced backlog.

Intuit (INTU), maker of TurboTax and other financial software, reported third-quarter financial profit and sales beat analysts' expectations. See full story.

Kindred Healthcare Inc. (KND) will join the S&P MidCap 400, replacing Martek Biosciences Corp. (MATK). See full story.

Mattel (MAT) authorized a $250 million increase its stock-buyback program.

TierOne Corp., (TONE) a Lincoln, Neb., lender, agreed to be acquired by CapitalSource (CSE) late Thursday it's agreed to buy for stock and cash valued at $34.46 a share, or $652 million, based on Thursday's closing prices.

Trump Entertainment Resorts (TRMP) said its strategic committee recently received preliminary and conditional indications of interest from parties proposing to acquire the company. See full story.

Verizon (VZ) was upgraded to buy from sell at Citigroup, which lifted its price target on the telecommunications giant to $48 from $33.

Decliners

CalAmp Corp. (CAMP) shares tumbled after the Oxnard, Calif.-based provider of wireless communications products reported fiscal fourth-quarter net earnings of $732,000, or 3 cents a share, vs. $3.47 million, or 15 cents a share, in the year-ago period. Adjusted earnings came in at 8 cents a share in the period ended Feb. 28. Revenue rose to $57 million from $47.8 million. CalAmp expects a fiscal first-quarter net loss of 6 cents to 9 cents a share on revenue of $44 million to $47 million. Excluding items, the company expects per-share results in a range of breakeven to 2 cents.

First Charter Corp. (FCTR) Chief Financial Officer Charles Caswell resigned but will stay on through Aug. 17 to assist in the transition of his role. The Charlotte, N.C., financial-services-holding company named Controller Sheila Stoke interim principal financial officer.

Hurco Cos. (HURC) shares dropped after the Indianapolis-based industrial technology company reported fiscal second-quarter net earnings of $4.68 million, or 73 cents a share, up from $3.91 million, or 62 cents a share, in the year-ago period. Revenue rose to $42.5 million from $36.9 million. Two analysts polled by Thomson Financial were expecting a per-share profit of 78 cents.

Juniper Networks (JNPR) was downgraded to hold from buy at Citigroup, which said that fundamental expectations are beginning to look extended and incremental catalysts at the networking-equipment company appear to be waning.

Sonic Solutions Inc., (SNIC) the Novato, Calif., software company, reported fiscal fourth-quarter net revenue of $38.1 million and said it expects first-quarter revenue of $33 million to $35 million. The company's internal review of its stock-option-grant practices and related accounting remains in progress. Sonic said it will record additional material charges for stock-based compensation expense and will restate previous financial statements. It said it can't yet estimate the size of the charges.

UAL Corp., (UAUA) parent of United Airlines, has reduced 2007 mainline domestic-capacity growth by about 2% from planned levels. The reduction enables the company to meet increasing international demand and optimize its revenue performance, the Chicago carrier said.

Vasogen Inc. (VSGN) shares slid after the Mississauga, Ontario-based biotechnology company said it has entered in agreements to raise $16 million through the sale of its common shares for $3.25 each. Under the terms of the purchase agreements, Vasogen will also issue 5-year warrants to purchase an additional 3.7 million shares at an exercise price of $3.16 each. If all of the 3.7 million warrants are exercised, the company will receive an additional $11.7 million.