Paychex Inc, (PAYX: chart), announced its outlook for fiscal 2006 is the same as previously announced, except for the inclusion of the effect of the Federal Funds rate increases on Nov. 1 and Dec. 13.

3Com Corp, (COMS: chart), converged networking solutions provider, reported a net loss of 3 cents a share, narrower compared to a loss of 13 cents a share for the same period last year despite revenue growth, beating analyst estimate of 8 cents a share. The company said restructuring and amortization took out 2 cents a share while a tax settlement benefit amounted to 6 cents a share.

ConAgra Foods Inc., (CAG: chart), packaged foods company, reported Q2 earnings of 31 cents a share, down from a profit of 47 cents a share a year-ago, missing analysts’ expectations of 38 cents a share Sales slid 5% in Q2. If not for an expense of 7 cents a share related to asset impairment charges and the accelerated recognition of certain benefits, the company earned 38 cents a share.

Micron Technology Inc, (MU: chart), semiconductor company, reported its Q1 profit dropped to 9 cents a share, down from 23 cents a share a year ago despite revenue growth, missing analysts’ estimate of 11 cents a share.

Bed, Bath & Beyond Inc, (BBBY: chart), home furnishings retailer, reported that Q3 profit advanced to 45 cents a share, up from 40 cents a share in the year-ago period. Earnings matched analysts'' estimate. Same-store sales rose 3.1%.

Research in Motion, (RIMM: chart), maker of the BlackBerry handheld email devices, reported Q3 net earnings of 61 cents a share, up from 46 cents a share in the same time last year on revenue growth. On an adjusted basis, earnings were 71 cents a share. Gross margin was 55.8% vs. 52.3% in the comparable period.

Red Hat Inc., (RHAT: chart), business software company, reported that its fiscal Q3 profit dropped to 31 cents a share, down 18% from 37 cents a share a year ago despite a slight revenue growth, beating analyst estimate of 29 cents a share. The company issued an financial outlook for the current quarter and the year that fell shy of analysts'' estimates.