After Monday’s closing bell, Oracle Corporation (ORCL: chart) announced a 15% increase in its quarterly earnings, citing recovery in technology spending. The world’s second largest software maker reported net income of $617 million, or 12 cents per share, for its fiscal 2004 second quarter, in contrast to a year-earlier net profit of $535 million, or 10 cents per share. Analysts had expected the Redwood City, California-based company to earn 11 cents per share, on average. For the quarter ended November 30, Oracle said total revenue climbed 8.2% to $2.5 billion, from $2.3 billion, in last year’s second quarter. New software license sales jumped 13% to $849 million, while revenues from Oracle’s applications business surged 27% to $137 million, with outsourcing revenue rocketing up 82% in the second quarter.

For the third quarter, Oracle expects earnings of 11 cents to 12 cents a share.

Company shares dropped 13 cents to close Monday at $12.70. The stock rose 2.20% to $12.98 in after-market trade.

Standard Microsystems Corporation (SMSC: chart) of Hauppauge, New York, posted before market open Monday a third-quarter profit from continuing operations of $14.8 million, or 77 cents per share, on revenue of $72.7 million, up from $9.1 million, or 54 cents per share, on revenue of $40.6 million, in the comparable period of fiscal 2003. The provider of advanced digital, mixed-signal and analog semiconductor solutions said results included a $20 million intellectual property payment from Intel.

The stock plummeted 9.50% to $24.66 at market close Monday. Company shares shed 5 cents to $24.61 in after-hours trading.

Lennar Corporation (LEN: chart) said after market close Monday its fourth-quarter net earnings jumped 26% to $283.2 million, or $3.38 per share, from $225.0 million, or $2.87 per share, in the 2002 equivalent, boosted by low interest rates and an improving economy. The homebuilding and financial services company beat analysts’ projections for profit of $3.08 a share, on average. Miami, Florida-based Lennar said fourth-quarter revenue was up 13% to $2.94 billion from $2.6 billion, a year ago.

Lennar shares slipped 1.92% on Monday to $90.97. The stock gained $1.37 to $92.34 in after-market trade.

Enzo Biochem, Inc. (ENZ: chart) of Farmingdale, New York, reported Monday a net loss of $300,000, or a penny a share, for its fiscal 2004 first quarter, compared to a net profit of $3.7 million, or 12 cents a share, generated in the same period a year ago. Total revenues dropped to $10.3 million from $17.4 million, last year. The biotechnology company said results were due to the weak performance at its Enzo Life Sciences division.

The stock dipped 4.78% to close Monday at $16.55.

Club Mediterranee SA (CLMDY: chart) posted Monday a wider net loss for its fiscal 2003, citing the Iraq war and the outbreak of SARS. The French package holiday operator said it lost €94 million ($115 million), for all of 2003, compared with a net loss of €62 million, in fiscal 2002.

Company shares closed Monday at €32.46 ($39.87) on the Paris stock exchange.

Navistar International Corporation (NAV: chart) said Monday it expects to swing to a first-quarter loss of 40 cents to 50 cents a share, against analysts’ forecasts for a loss of 35 cents a share. The Warrenville, Illinois-based producer of trucks, school buses and diesel engines said holiday production shutdowns will affect the quarterly results.

Navistar shares closed Monday up 74 cents, or 1.69%, at $44.52.

Coachmen Industries, Inc. (COA: chart) of Elkhart, Indiana, lowered Monday its 2003 profit outlook due to a shortage of equipment. The manufacturer of recreational vehicles said it now sees 2003 earnings in the range of $6.4 million to $7.0 million, or 41 cents to 45 cents per share. The company had previously forecast a profit of $8.0 million, or 52 cents per share.

The stock slid 1.23% on Monday to close at $18.54.

Illinois Tool Works Inc. (ITW: chart), the Glenview, Illinois-based maker of highly engineered products, raised Monday its quarterly earnings estimates, on the back of lower income tax rate and improved performance in its base business. The company said it now views fourth-quarter earnings from continuing operations of 89 cents to 93 cents a share, up from an earlier guidance of 79 cents to 89 cents a share.

Company shares closed Monday at $81.75, up 31 cents, or 0.38%.

Sprint Corporation (FON: chart) said Monday it expects its wireless division Sprint PCS to report a 2003 adjusted loss that will be at the low end of its prior forecast of 43 cents to 48 cents a share. The telecommunications company also reiterated that it sees full-year earnings, excluding items, of $1.43 to $1.45 a share, for its wireline division, Sprint FON.

Sprint shares gained 7 cents to $15.00 at market close Monday.

The J. Jill Group, Inc. (JILL: chart) of Quincy, Massachusetts, released Monday its financial targets for fiscal 2004. The casual clothing retailer expects a full-year profit in the range of 30 cents to 35 cents a share, on sales of $415 million to $420 million. Analysts were looking for earnings of 57 cents a share, on average.