Stocks to Watch, Jan. 18: J.P. Morgan Chase & Co., Apple Computers

SAN FRANCISCO – Among the companies whose shares are expected to see active trade in Wednesday's session are J.P. Morgan Chase & Co., Intel Corp., Apple Computer Inc., EBay Inc. and Yahoo Inc.

Advanced Micro Devices Inc. (AMD) is expected to report fourth-quarter earnings of 26 cents a share.

AMR Corp. (AMR) is seen posting a fourth-quarter loss of $2.55 a share.

Apple Computer Inc.'s (AAPL) fiscal first quarter is expected to show a per-share profit 61 cents.

Bank of New York Co. (BK) is expected to post fourth-quarter earnings of 53 cents a share

CIT Inc.'s (CIT) fourth-quarter results are expected to show a profit of $1.04 a share.

EBay Inc. (EBAY) is seen reporting earnings of 22 cents a share in its fourth-quarter.

J.P. Morgan Chase & Co. (JPM) is expected to report a profit of 72 cents a share in its fourth-quarter.

Kinder Morgan Inc.'s (KMI) (KMP) fourth-quarter results are expected to show a per-share profit of $1.17.

Seagate Technology (STX) fiscal second-quarter is seen showing a profit of 52 cents a share.

Charles Schwab & Co. (SCHW) is seen posting earnings of 14 cents a share in its fourth-quarter.

Southwest Airlines Co. (LUV) is expected to post a fourth-quarter profit of 13 cents a share.

After Tuesday's closing bell, Intel Corp. (INTC) reported fourth-quarter profit rose 16%, but sales fell short of Intel's own forecast.

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In an escalating bidding war, Guidant Corp. (GDT) declared Boston Scientific Corp.'s (BSX) $27.2 billion bid superior to an earlier offer it had accepted from Johnson & Johnson (JNJ) .

Digi International Inc. (DGII) reported fiscal first-quarter net earnings of $2.18 million, or 9 cents a share, vs. $2.96 million, or 13 cents a share, during the same period a year ago. The Minneapolis-based maker of hardware and software connectivity products posted revenue of $33.4 million vs. $29.5 million. Analysts surveyed by Thomson First Call had forecast first-quarter earnings of 11 cents a share on revenue of $33 million.

DTE Energy Co. (DTE) said it expects 2006 operating earnings of $635 million to $690 million, or $3.60 to $3.90 a share. The Detroit-based utility also reconfirmed its outlook on 2005 operating earnings of $545 million to $585 million, or $3.10 to $3.30 a share.

International Business Machines Corp. (IBM) reported that fourth-quarter profit rose 13% after the technology giant shed its struggling personal-computer business. Revenue fell shy of Wall Street forecasts.

Inter Parfums Inc. (IPAR) said its fourth-quarter 2005 sales were $65.5 million, up nearly 3% from the same period a year ago. At comparable foreign currency exchange rates, net sales for the fourth quarter were up 9%. The New York-based perfume and cosmetics company affirmed its 2006 sales outlook of $301 million. The company said it expects 2006 net income of $16.9 million, or 83 cents a share. Analysts polled by Thomson First Call are currently forecasting 2006 earnings of 83 cents a share on revenue of $302 million.

Linear Technology Corp. (LLTC) reported fiscal second-quarter net earnings of $103.2 million, or 33 cents a share, vs. $102.8 million, or 33 cents a share, in the year-ago period. Revenue at the Milpitas, Calif.-based integrated circuit manufacturer rose to $265.1 million from $250.1 million. Analysts polled by Thomson First Call had estimated earnings of 35 cents a share on revenue of $265 million. The company forecast fiscal third-quarter sales growth of 5% to 6%. Linear also raised its quarterly dividend to 15 cents a share from 10 cents a share. The dividend is payable Feb. 15 to shareholders of record as of Jan. 27.

Palm Harbor Homes Inc. (PHHM) reported fiscal third-quarter earnings of $4.27 million, or 18 cents a share. During the same period a year ago, the Addison, Texas-based homebuilder reported a net loss of $4.65 million, or 20 cents a share. The company posted net sales of $193.2 million vs. $154.6 million. Analysts polled by Thomson First Call estimated third-quarter earnings of 12 cents a share.

Sovereign Bancorp Inc. (SOV) reported a 20% increase in fourth-quarter profit, but also said it felt the effects of a tough interest-rate environment in the period.

Teradyne Inc. (TER) said fourth-quarter net income was $224.1 million, or $1.07 a share, compared with $3.35 million, or 2 cents a share, during the year-earlier period. The Boston-based test equipment manufacturer reported quarterly revenue of $345.2 million, compared with $284 million last year.

TSYS Inc. (TSS) reported fourth-quarter net income of $49.7 million, or 25 cents a share, compared with $43 million, or 22 cents a share, a year ago. Revenue rose to $420.74 million, up 37% from $307.16 million last year. The provider of outsourced payment services said it expects 2006 earnings to increase by 21% to 23%, and total revenue to increase 5% to 7%.

Yahoo Inc. (YHOO) reported a fourth-quarter profit that disappointed some investors and provided a first-quarter forecast that fell below expectations.