Among the companies with shares expected to actively trade in
Tuesday's session are Goldman Sachs Group Inc. (GS), Yahoo Inc.
(YHOO) and Digital Generation Inc. (DGIT).
Goldman Sachs easily topped expectations for its second quarter
results even as Chief Executive Lloyd Blankfein noted "market
conditions deteriorated and activity levels" fell amid Europe's
turmoil and ongoing global-growth concerns. Shares were trading 2%
higher at $99.62 in premarket trade.
Yahoo on Monday named Marissa Mayer, a longtime Google Inc.
(GOOG) executive, to be its next chief executive officer, as the
onetime Internet pioneer tries to reverse its downward course.
Shares were trading 1.6% higher at $15.89 in premarket trade.
Digital Generation, a provider of digital media services, said
it is conducting a strategic review that may include a sale of the
company, partnerships, business model changes or other potential
deals. Shares were up 22% to $11.76 in premarket trading.
Mattel Inc. (MAT) posted a surprise 20% jump in second-quarter
earnings, helped by higher sales for Fisher-Price preschool toys
and American Girl dolls. Chief Executive Bryan Stockton also struck
a bullish tone, saying the toymaker is building momentum with key
brands like Barbie, Hot Wheels and toys tied to the new Batman
movie. Shares were trading 6.3% higher at $33 premarket.
Comerica Inc.'s (CMA) second-quarter earnings rose a
better-than-expected 49% as the financial-services company had
higher net interest income and recorded a smaller provision for
loan losses. Shares were last up 3.9% premarket to $32.
Mosaic Co.'s (MOS) fiscal fourth-quarter profit tumbled 22% as
revenue fell slightly on lower phosphate pricing, though the
fertilizer producer still posted results that were better than
expected. The company also doubled its quarterly dividend to 25
cents from 12.5 cents. Shares were trading 3.1% higher at $57.07
premarket.
Entergy Corp. (ETR) projected second-quarter earnings above Wall
Street estimates amid higher profit at its utility and wholesale
commodities segments. Shares wre up 2% to $71.32 premarket.
Chinese education company New Oriental Education &
Technology Group Inc. (EDU) reported a 14% jump in fiscal fourth
quarter earnings as increased student enrollment helped boost
revenue. Earnings, however, slightly missed Wall Street estimates.
Shares slid 22% to $17.30 premarket.
J.B. Hunt Transport Services Inc.'s (JBHT) second-quarter
earnings increased 22% as the trucking company's intermodal revenue
strengthened, though overall revenue grew less than expected.
Shares were off 5.3% to $55.25 premarket.
Nabors Industries Ltd. (NBR) forecast second-quarter earnings
below expectations amid weaker-than-expected results at its
pressure-pumping operations as the contract driller's board also
authorized a shareholder rights plan. Shares were down 3% to $12.80
premarket.
Brown & Brown Inc.'s (BRO) second-quarter earnings jumped
15% as the insurance agency and brokerage firm posted strong growth
in its revenue from retail commission and fees. Shares were up 6.4%
to $28.41 premarket.
Cheniere Energy Inc. (LNG) agreed to sell 20 million shares to
repay debt and for other general purposes. The liquefied-natural
gas company has been struggling to pay down its significant debt
burden of late. It had 155.4 million shares outstanding as of April
18. Shares were down 4.4% to $14.05 premarket.
Cintas Corp.'s (CTAS) fiscal fourth-quarter earnings rose 11% on
a continued rise in revenue from the company's uniform-rental
business and improved margins. Shares, however, were down 3.3% to
$38.12 premarket as revenue came in short of Wall Street
expectations.
Watchlist:
Barnes Group Inc. (B) agreed to acquire privately held
Synventive Molding Solutions for $335 million, a move the company
expects to present opportunities for growth in injection molding
applications.
DTS Inc. (DTSI) said its second-quarter revenue will likely fall
short of expectations, reflecting macroeconomic factors, even as
its profit comes under pressure from acquisition costs.
Flir Systems Inc. (FLIR) forecast second-quarter results below
analyst expectations due to weakness in Europe and delayed
deliveries, as the sensor systems manufacturer also cut its
full-year guidance.
ICU Medical Inc.'s (ICUI) second-quarter earnings fell 3.6% as
revenue eased and the medical products company was hit with higher
costs. However, the company raised the lower end of its 2012
per-share earnings estimate.
Hartford Financial Services Group Inc. (HIG) expects catastrophe
charges of $280 million to $300 million, before taxes, in the
second quarter, reflecting widespread losses from the June 28
storms that swept across the Ohio River Valley and the mid-Atlantic
states.
Kennedy-Wilson Holdings Inc. (KW) said it plans to offer 7.5
million shares to pay down debt. It will also use proceeds for
working capital and general corporate purposes.
Lincare Holdings Inc.'s (LNCR) second-quarter earnings were up
12% as the oxygen-equipment provider reported stronger revenue,
masking higher expenses and fewer contributions from Medicare.
Mattress Firm Holding Corp. (MFRM) lowered its full-year revenue
and same-store sales guidance, but boosted its earnings estimates,
as the retailer continues to integrate its recent acquisition,
Mattress Giant.
Packaging Corp. of America's (PKG) second-quarter income rose a
better-than-expected 15% as the corrugated box maker said it
benefited from higher containerboard and corrugated products
volume, as well as lower costs for energy.
-Write to Mia Lamar at mia.lamar@dowjones.com
