APOL Apollo Education Grp., Inc.

Among the companies with shares expected to trade actively in Friday's session are General Electric Co. (GE), Reynolds American Inc. (RAI) and Honeywell International Inc. (HON).

General Electric Co. posted worse-than-expected revenue growth in its latest quarter, and the industrial giant said it would increase its stock-buyback program by $4 billion after disappointing Wall Street in the first half of the year. Shares fell 1.07% to $28.76 in premarket trading.

British American Tobacco PLC made a $47 billion takeover offer for the roughly 58% of American peer Reynolds American Inc. that it doesn't already own--a move that would cement the two cigarette giants' longstanding trans-Atlantic ties and create the world's largest listed tobacco company by revenue and market value. Reynolds American shares rose 20.31% to $56.75 premarket.

Honeywell International Inc. issued the downbeat earnings report it had forecast earlier this month, saying an unexpectedly weak September and lackluster performance in the aerospace segment hurt profit. Shares rose 0.33% to $108.50 premarket.

McDonald's Corp. (MCD) reported better-than-expected earnings and solid growth in same-restaurant sales for the September quarter, helped in part by the continued popularity of its all-day breakfast and the introduction of new chicken nuggets. Shares rose 3.69% to $114.65 premarket.

Moody's Corp. (MCO) said Friday the U.S. Department of Justice is readying a complaint against the firm for ratings it issued just before the 2008 financial crisis. Shares fell 3.16% to $104.67 premarket.

Visa Inc. (V) is putting a bitcoin-style network to work as it aims to take on a new market, the large and complex cross-border payments made between businesses.

Citizens Financial Group Inc. (CFG) reported revenue and profit increases for its third quarter, driven by increases in loans and deposits.

Interpublic Group of Cos. (IPG) boosted its full-year outlook as it reported 4.3% growth in organic revenue for the third quarter and beat Wall Street's expectations.

Advanced Micro Devices Inc. (AMD) on Thursday reported a second consecutive quarter of higher sales, fueled by customized processors for videogame makers and demand for its latest graphics chips. But the company saw its loss widen as it booked a $340 million charge tied to the most recent changes to its agreement with the company that manufactures most of the chips it designs. AMD also issued revenue guidance for the current quarter that was lower than analysts expected.

Alkermes PLC (ALKS) said its depression drug helped patients not responding to standard treatments, news that added more than $3 billion to the company's market value in after-hours trading.

For-profit education company Apollo Education Group Inc. (APOL) swung to a quarterly profit even as revenue continued its years-long decline driven by lower enrollment.

Ariad Pharmaceuticals Inc. (ARIA) said it had received a letter from Vermont Sen. Bernie Sanders and Maryland Democratic Rep. Elijah Cummings criticizing the pricing of leukemia drug Iclusig.

Boston Beer Co. (SAM) on Thursday cut further its projections following a fourth-straight quarter of lower revenue and profit as booming competition continues to erode its market position.

Crown Castle International Corp. (CCI) on Thursday raised its profit range for the year and quarterly profit dividend, citing current investment pace from wireless carriers and higher projected demand tied to data-intensive applications.

E*Trade Financial Corp. (ETFC) swung to a quarterly profit as its recent acquisition of online broker OptionsHouse LLC helped drive customer accounts and assets, though a key trading metric declined. Overall results beat Wall Street expectations.

La-Z-Boy Inc. (LZB) on Thursday said second-quarter results would be lower than the year-ago period, citing weak demand in the retail home-furnishing sector.

Microsoft Corp.'s (MSFT) cloud-computing businesses kicked into high gear as sales of the software giant's Azure service more than doubled, helping the company break a streak of revenue declines. Results beat expectations.

PayPal Holdings Inc.(PYPL), which Thursday reported quarterly results that beat analysts' projections, has struck an agreement with Alibaba Group Holding Ltd. (BABA) to make PayPal a one-click payment option on the Chinese e-commerce giant's AliExpress marketplace for consumers.

Schlumberger Ltd.'s (SLB) quarterly profit dropped sharply as the world's largest oil-field service company recorded lower revenue and more than $230 million in charges tied to the Cameron International Corp. acquisition.

Skechers USA Inc. (SKX) on Thursday reported lower-than-expected quarterly results and gave a disappointing sales projection for the current quarter, blaming sluggish retail demand in the U.S.

Southwestern Energy Co.'s (SWN) quarterly loss narrowed on lower operating costs and higher natural gas liquid prices.

Walgreens Boots Alliance Inc. (WBA) and Rite Aid Corp. (RAD) pushed out the deadline to close their $9.4 billion merger to next year amid delays in selling stores the two sides have to divest to get the deal past federal regulators.

Health officials in Detroit are looking into whether two recently diagnosed hepatitis A cases may be linked to a local Whole Foods Market Inc. store. The grocer said it had contacted health officials after an employee who handles prepared food was diagnosed with the food/waterborne illness.

Write to Chris Wack at chris.wack or Maria Armental at maria.armental@wsj.com

(END) Dow Jones Newswires

October 21, 2016 09:24 ET (13:24 GMT)

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