Among the companies with shares expected to actively trade in
Tuesday's session are are Netflix Inc. (NFLX), Rent-A-Center Inc.
(RCII), Veeco Instruments Inc. (VECO)
Netflix swung to a first-quarter profit as the
movie-subscription company continued to add Internet subscribers
and unveiled a plan that will allow users to simultaneously stream
four videos. Shares jumped 25% after hours to $217.40 as per-share
earnings topped the company's expectations.
Rent-A-Center's first-quarter profit fell 11% as core U.S.
revenue declined at the provider of rent-to-own home merchandise.
Shares slipped 6.6% to $33.55 in after-hours trading as the company
also cut its full-year guidance.
Veeco Instruments said first-quarter business conditions were
"extremely challenging" as system shipments and bookings continued
to slide. But the LED supplier's shares rose 7.8% after hours to
$34.75 as it forecast meaningfully higher bookings in the current
quarter.
Illumina Inc. (ILMN) swung to a first-quarter loss on
litigation-related charges that masked the gene-sequencing
company's double-digit revenue growth. Shares were up 7.3% at
$59.12 in after-hours trading as adjusted earnings and revenue
topped expectations.
IBio Inc. (IBIO) said it plans to offer an undisclosed number of
common stock and warrants. The biotechnology company, which had
47.8 million shares outstanding as of Feb. 19, plans to use
proceeds for working capital, business development and other
general corporate purposes. Shares slipped 2.2% to 47 cents after
hours.
Swift Transportation Co.'s (SWFT) first-quarter earnings soared
from a year earlier as the trucking company recorded a smaller loss
on debt extinguishment and improved revenue in each of its
operating segments. Shares jumped 6.8% to $14.49 in recent
after-hours trading as adjusted earnings topped analyst
expectations.
Watchlist:
ACE Ltd.'s (ACE) first-quarter earnings fell 2.1% as the global
insurer posted weaker realized gains. However, per-share earnings
significantly topped analysts' expectations.
Ameriprise Financial Inc.'s (AMP) first-quarter earnings rose
37% as the financial-services provider's wealth-management business
reported strong inflows.
Blackstone Group (BX) said it will acquire Credit Suisse's (CS)
secondary private-equity business that was put up for sale at the
end of last year partly due to guidelines set by the Volcker Rule.
Terms of the deal weren't disclosed.
Crane Co.'s (CR) first-quarter climbed 12% as the diversified
manufacturer's operating margin improved, though revenue
slipped.
ICU Medical Inc.'s (ICUI) first-quarter earnings rose 14% as the
medical-products company's stronger margins offset lower revenue
that was driven by declines at its infusion and oncology
segments.
K12 Inc. (LRN) said Chief Financial Officer Harry T. Hawks plans
to leave the online education company by the end of the fiscal
year, after three years at the company.
Noble Energy Inc.'s (NBL) board has approved a two-for-one stock
split as well as a 12% quarterly dividend increase, as the
oil-and-gas explorer looks to boost shareholder value.
Packaging Corp. of America's (PKG) first-quarter profit more
than tripled as the box maker posted higher containerboard and
corrugated products prices and mix, resulting in record overall
sales.
STMicroelectronics N.V.'s (STM, STM.MI, STM.FR) first-quarter
loss narrowed, as the chipmaker pushed to offset heavy losses from
its soon-to-be discontinued cellphone chip venture with Sweden's
Ericsson.
Texas Instruments Inc. (TXN) continued a shift away from some
mobile-chip markets in the first quarter, putting a squeeze on
revenue while profits rose 37% on a one-time gain.
Volterra Semiconductor Corp.'s (VLTR) first-quarter profit fell
51% as the chip manufacturer recorded weaker margins.
Moody's Investors Service has upgraded Weyerhaeuser Co.'s (WY)
credit rating by one notch, citing the forest-products company's
improving operating and financial performance amid a pickup in U.S.
housing activity.
Zions Bancorp's (ZION) first-quarter earnings rose 24% as the
Utah-based regional lender continued to benefit from improving
credit quality.
-Write to Nathalie Tadena at nathalie.tadena@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires