Among the companies with shares expected to actively trade in
Friday's session are Francesca's Holdings Corp. (FRAN), Molina
Healthcare Inc. (MOH) and Progress Software Corp. (PRGS).
Francesca's fiscal first-quarter earnings more than doubled as
the retailer's sales continued to strengthen and margins improved.
Shares jumped 17% to $26.20 after hours as results topped the
company's expectations and it raised its full-year outlook.
Medicaid health insurers Molina and Centene Corp. (CNC) won back
business in Ohio after protesting their prior rejection for new
contracts starting next year. Molina shares climbed 18% to $20.98
after hours while Centene shares were up 6.6% to $35.
Progress Software reported preliminary results for its fiscal
second quarter that missed analyst expectations, noting uncertainty
from customers, partners and employees about the company's
restructuring efforts and weakness in the global economy hurt
results. Shares were off 9.4% to $18.38 after hours.
ATP Oil & Gas Corp. (ATPG) said its recently appointed chief
executive, Matt McCarroll, has resigned, effective Thursday, after
the offshore explorer failed to reach a mutually agreeable
employment agreement with Mr. McCarroll. Shares slid 8.6% to $5.34
after hours.
Chelsea Therapeutics International Ltd. (CHTP) said its
corporate officers and directors have agreed to a 25% pay cut until
data from the company's ongoing Phase III study of its Northera
low-blood-pressure medication is available, part of a slew of
cost-saving initiatives to help support the development of the
company's lead drug candidate. Shares jumped 4.8% to $1.32 after
hours.
Comtech Telecommunications Corp.'s (CMTL) fiscal third-quarter
income dropped 57% as the maker of advanced communications systems
saw a continued slide in revenue. Still, the results beat market
expectations. Shares were up 2.2% to $29.75 after hours.
Cooper Cos.'s (COO) fiscal second-quarter earnings rose 55% amid
broad sales growth in both its main businesses, though the results
missed analysts' expectations. Shares fell 5.6% to $75.60 after
hours.
CPI Aerostructures Inc. (CVU) said the company and some
stockholders plan to offer an undisclosed number of common stock.
Shares slipped 2.1% to $12.39 after hours.
FleetCor Technologies Inc. (FLT) said stockholders plan to sell
about 6.8 million shares. Shares were off 4.4% to $36.89 after
hours.
Thor Industries Inc.'s (THO) fiscal third-quarter profit rose
3.3% as the recreational-vehicle maker's sales strengthened, though
margins narrowed. Shares slid 2.8% to $29.35 after hours as the
company said an "elevated RV promotional environment" has thwarted
further margin expansion.
Watchlist:
Cascade Corp.'s (CASC) fiscal first-quarter earnings fell 7.4%
as the forklift-parts company posted higher expenses that
overshadowed improved revenue and increased shipments.
Dunkin' Brands Group Inc. (DNKN) said it has named Chief
Financial Officer Neil Moses as the coffee-and-doughnut chain's
chief global-strategy officer.
Exide Technologies' (XIDE) fiscal fourth-quarter loss narrowed
as the company recorded lower restructuring and impairment
charges.
Forest City Enterprises Inc.'s (FCEA) fiscal first-quarter
earnings fell 50% amid fewer gains on property sales and joint
ventures.
Genesee & Wyoming Inc. (GWR) named David A. Brown as its
chief operating officer, replacing James W. Benz, who is retiring
from the railroad company in the beginning of 2013.
Moody's Investors Service lowered its ratings on wafer maker
MEMC Electronic Materials Inc. (WFR) one notch further into
speculative territory, pointing to financial distress in the
company's solar operations.
Piedmont Natural Gas Co.'s (PNY) fiscal second-quarter earnings
rose 5.9% as the natural-gas distributor saw lower gas expenses
make up for softer-than-expected revenue.
Quiksilver Inc.'s (ZQK) fiscal second-quarter loss narrowed as
the outdoor sports outfitter recorded fewer impairment charges and
a smaller provision for income taxes.
Viacom Inc. (VIAB, VIA) unveiled plans to offer $400 million in
notes to raise funds for general corporate purposes.
-Write to Nathalie Tadena at nathalie.tadena@dowjones.com
