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On the Watch: BOBE CHRD LOJN



By AP
02 April 2008 @ 06:29 am EST

NEW YORK - Shares of Bob Evans Farms Inc. may be poised for active trading on Wednesday, after the restaurant operator said late Tuesday said poor weather dampened same-store sales at its namesake restaurants.

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BOBE 30.03 -0.05
CHRD 5.36 0.18
LOJN 6.65 0.44

SYMBOL LOOKUP

Bob Evans said same-store sales, a key industry performance metric, were nearly flat in March.

Also, after Tuesday's market close, business technology company Chordiant Software Inc. forecast fiscal second-quarter results short of Wall Street expectations and blamed a poor economy.

And LoJack Corp., which makes vehicle-tracking devices, cut its 2008 outlook because of lower sales of new cars.

Chief Executive Richard T. Riley said conditions in the auto market may improve later than expected.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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