Among the companies whose shares are expected to actively trade
in Thursday's session are Diamond Foods Inc. (DMND), Groupon Inc.
(GRPN) and Visa Inc. (V).
Diamond Foods said it will appoint a new chief executive and
chief financial officer and will restate earnings for the past two
fiscal years after an internal probe found the company's payments
to walnut growers weren't accounted for in the correct periods.
Shares plunged 40% to $21.97 premarket.
Groupon posted a surprise fourth-quarter loss as expenses and
one-time charges outpaced revenue growth. For the current quarter,
the company projected revenue that tops analysts' estimates, but
shares still fell 9.6% to $22.23 premarket on the
weaker-than-expected bottom-line results.
Visa posted a 16.4% increase in fiscal first-quarter profit as
the credit-card processor continued to benefit from consumers'
increased use of plastic while grappling with new federal rules
that affect debit-card purchases. Shares rose 4.2% to $112.80
premarket.
Akamai Technologies Inc.'s (AKAM) fourth-quarter earnings rose
14% helped by strong revenue growth, and the company named a new
finance chief. Shares rose 15% to $39.60 premarket amid the
better-than-expected results.
Cisco Systems Inc.'s (CSCO) fiscal second-quarter earnings rose
43% as the networking company recorded improved revenue and
margins, topping its own expectations. But shares dropped 0.5% to
$20.33 premarket as revenue from public-sector customers
slipped.
Sirius XM Radio (SIRI) swung to a fourth-quarter profit on a
year-earlier debt-extinguishment loss, while the company continued
to post subscriber and revenue growth. But shares slipped 2.7% to
$2.13 premarket as revenue fell short of analysts'
expectations.
PepsiCo Inc. (PEP) outlined plans to reduce 3% of its work force
as part of a cost-savings plan as the food-and-beverage company
reported fourth-quarter earnings rose 3.7% and unveiled plans to
raise its annual dividend. Shares dipped 1.9% to $65.50
premarket.
Dunkin' Brands Group Inc. (DNKN) swung to a fourth-quarter
profit from a year-earlier period that included heavier charges as
strong same-stores sales contributed to better-than-expected
revenue. Shares gained 2.6% to $29.75 premarket.
IRobot Corp. (IRBT) reported its fourth-quarter profit climbed
52% as revenue improved, though the robot maker forecast
first-quarter and full-year results sharply below analyst
expectations. Shares plunged 22% to $29.91 premarket.
Imperial Sugar Co.'s (IPSU) fiscal first-quarter loss narrowed
significantly and the bottom-line result beat analysts'
expectations. Shares jumped 19% to $4 premarket.
Watch List:
Affymetrix Inc. (AFFX) swung to a wider-than-expected
fourth-quarter loss as product sales and revenue from royalties
slumped.
Andersons Inc.'s (ANDE) fourth-quarter profit slipped 16%, but
the company beat analyst expectations and reported record full-year
earnings as high wheat prices boosted its grain-handling
business.
Atmel Corp.'s (ATML) fourth-quarter earnings fell 85% from a
year-earlier period that included a big income-tax benefit as the
chip maker also saw its streak of revenue growth broken by a
delayed payment from a major customer.
Bunge Ltd.'s (BG) fourth-quarter earnings fell 16% on a sharp
rise in costs, though the farm-products company's revenue grew more
than expected.
CBOE Holdings Inc.'s (CBOE) fourth-quarter profit edged up 1.4%
amid weaker margins and quieter trading volume, although earnings
still topped expectations.
Coca-Cola Enterprises Inc.'s (CCE) fourth-quarter profit rose
16% on stronger volume and revenue, although margins weakened
slightly as costs ticked higher.
Corn Products International Inc.'s (CPO) fourth-quarter earnings
soared 83% as the food-ingredient maker booked sales growth across
its geographic regions, with particular strength in its key North
American business.
Equifax Inc.'s (EFX) fourth-quarter earnings rose 20% as the
credit-reporting company posted revenue growth led by its U.S.
consumer-information services business.
Everest Re Group Ltd.'s (RE) fourth-quarter earnings plunged 86%
as the insurer and reinsurer was hit with sharply higher
catastrophe losses than a year earlier.
Fidelity National Financial Inc.'s (FNF) fourth-quarter earnings
rose 32% as the title insurer's stronger core margins damped the
effect of lower revenue.
Flagstone Reinsurance Holdings SA (FSR) estimated $50 million to
$55 million in losses for the fourth quarter due to catastrophes
that occurred in the first half of 2011 and also provided a
preliminary estimate for losses from the flooding in Thailand.
FMC Corp. (FMC) posted a fourth-quarter profit, emerging from a
year-earlier loss caused by heavy restructuring charges, as the
chemical-products maker's agricultural business benefited from
surging demand. The results beat analysts' expectations.
General Cable Corp.'s (BGC) fourth-quarter earnings plunged 87%
as mark-to-market losses on derivatives and debt expenses weighed
on bottom-line results, though volume and margins also slipped. The
maker of copper, cable and fiber-optic wire products' results
missed analyst expectations.
General Growth Properties Inc. (GGP) posted a narrower
fourth-quarter loss as the shopping-mall owner benefited from
slightly higher occupancy and fewer one-time charges.
Gildan Activewear Inc. (GIL) posted a hefty loss in its fiscal
first quarter but the result was nonetheless a bit better than its
own expectations, thanks to net selling prices for Printwear that
were better than projected.
Ingram Micro Inc.'s (IM) fourth-quarter earnings fell 8.8% on a
prior-year tax benefit as the computer-equipment distributor and
supply-chain-logistics company posted only modest sales growth.
Ironwood Pharmaceuticals Inc. (IRWD) said it is offering 5.3
million Class A shares to help strengthen its balance sheet ahead
of the potential launch of its gastrointestinal drug, which won't
see a review from an FDA advisory panel.
Kimco Realty Corp.'s (KIM) fourth-quarter earnings rose 25% on
stronger rental revenue and funds from operations, a profitability
metric for the real-estate investment sector. The company's funds
from operations and revenue results beat analysts'
expectations.
Mack-Cali Realty Corp.'s (CLI) fourth-quarter profit more than
doubled over a year-earlier period hindered by debt impacts,
masking a decline in revenue.
O'Reilly Automotive Inc.'s (ORLY) fourth-quarter earnings rose
16% as the auto-parts retailer's sales continued to increase.
Hedge fund manager Och-Ziff Capital Management Group LLC's (OZM)
fourth quarter net loss widened on lower incentive income resulting
from negative returns experienced by most of the company's funds
last year.
Plains All American Pipeline LP's (PAA) fourth-quarter profit
surged 96% on higher revenue and continued strength in its
supply-and-logistics segment, while earnings from its PAA Natural
Gas Storage LP (PNG) business soared on new natural-gas sales.
Polycom Inc. (PLCM) said its chief financial officer will retire
next month to pursue other opportunities, allowing Electronic Arts
Inc. (EA) executive Eric Brown to join the company in a new dual
role.
Prudential Financial Inc.'s (PRU) fourth-quarter earnings soared
in its financial services business amid broad-based growth across
its insurance and investment segments.
RailAmerica Inc.'s (RA) fourth-quarter earnings fell 16% as a
larger tax credit boosted the railroad company's year-ago results,
though carloads slipped in the latest period.
-Edited by Ian Thomson and Maya Pope-Chappell; write to
ian.thomson@dowjones.com and maya.pope-chappell@dowjones.com
