Among the companies with shares expected to actively trade in
Wednesday's session are Guidewire Software Inc. (GWRE), FedEx Corp.
(FDX) and Francesca's Holdings Corp. (FRAN).
Guidewire Software swung to a fiscal fourth-quarter profit as
the insurance software maker reported broad-based revenue growth,
led by gains in services revenue. Shares surged 13% to $33.05 after
hours as results topped analyst expectations.
FedEx cut its fiscal first-quarter earnings view, citing a weak
global economy affecting its express business. Shares fell 2.8% to
$85.05 after hours.
Francesca's fiscal second-quarter income more than doubled as
the women's fashion retailer saw same-store sales continued to
surge. The company also said Chief Executive John De Meritt, a
company founder, decided to retire, and President Neill P. Davis,
who joined the company last month, will become CEO, starting Jan.
1, 2013. Shares slid 3.8% to $34.71 after hours.
DCT Industrial Trust Inc. (DCT) has commenced an offering of
16.5 million shares and plans to use proceeds for future
acquisitions, development activities, repayment of debt and general
corporate purposes. Shares were off 3.4% to $6.20 after hours.
NuStar Energy L.P. (NS) said it will offer 6.2 million units and
will use proceeds for general partnership purposes. Shares of the
company, a pipeline-and-storage concern that is also one of the
largest U.S. asphalt companies, sank 4.5% to $48.69 after
hours.
Pep Boys-Manny Moe & Jack's (PBY) fiscal second-quarter
profit more than doubled as the auto-care company was helped by a
breakup fee paid by a private-equity firm after a buyout deal
soured. Shares were up 4.7% to $9.41 after hours.
Repros Therapeutics Inc. (RPRX) entered into an agreement with
several institutional investors to sell about 2.1 million shares of
its stock at $11 a piece, a 16% discount to the stock's Tuesday
closing price. Shares slipped 3% to $12.65 after hours.
Teekay LNG Partners L.P. (TGP) plans to offer 4.6 million units
to raise money for general partnership purposes, which may include
potential future newbuilding deliveries or vessel acquisitions.
Shares were down 4.1% to $38.33 after hours.
Watchlist:
3M Co. (MMM) has abandoned its planned acquisition of Avery
Dennison Corp.'s (AVY) office and consumer-products business after
being threatened with an antitrust lawsuit by the Justice
Department, the agency said late Tuesday.
Bloomin' Brands Inc.'s (BLMN) second-quarter profit rose 25% as
the operator of Outback Steakhouse saw sales grow across its core
brands.
Capital One Financial Corp. (COF) said its largest shareholder,
ING Groep NV (ING, INGA.AE), plans to sell all of its 54 million
shares in the company.
CNO Financial Group Inc. (CNO) plans to offer $250 million of
senior notes as part of a broader plan to improve its balance sheet
and financial flexibility.
DeVry Inc. (DV) has authorized the buyback of an additional $100
million in shares through the end of December 2014, as it struggles
to stem shareholder losses.
Finisar Corp.(FNSR) swung to a fiscal first-quarter loss as the
telecommunications-equipment provider was hurt by higher expenses
and as revenue weakened. The company's per-share earnings guidance
for the current quarter missed expectations.
Forest City Enterprises Inc. (FCEA, FCEB) swung to a fiscal
second-quarter loss as the real-estate company posted significant
charges related to divestitures, though comparable occupancy rates
continued to climb.
Massachusetts Mutual Life Insurance Co. has agreed to pay $400
million to buy the retirement-plans business of Hartford Financial
Services Group Inc. (HIG), the latest step in the Connecticut
insurer's effort to narrow its focus.
Kirby Corp. (KEX) agreed to acquire Allied Transportation Co.
and two affiliated companies for about $116 million in cash, as the
tank-barge operator seeks to expand the petrochemical segment of
its offshore business.
Liberty Media Corp.'s (LMCA, LMCB) Starz LLC unit plans to offer
$500 million of senior notes that mature in 2019 to raise funds for
general corporate purposes, such as the repayment of other
debt.
Marsh & McLennan Cos. (MMC) has named J. Michael Bischoff as
its chief financial officer, making permanent a role he has held at
the insurance brokerage on an interim basis since March.
News Corp. (NWS, NWS.AU, NWSA) nominated former U.S. Labor
Secretary Elaine Chao and former Colombian President Alvaro Uribe
to join its board as it undergoes a broader shakeup in the
board.
Pfizer Inc. (PFE) said U.S. regulators have approved the use of
bosutinib as a treatment of adult leukemia.
SemiLEDS Corp. (LEDS) said its President and Chief Operating
Officer Anh Chuong Tran has transitioned to the role of chief
scientist, in a management shakeup that comes as the company
struggles to stem its operational losses.
SPS Commerce Inc. (SPSC) said it plans to offer 1.6 million
shares to raise funds to pay down debt and for working capital and
general corporate purposes.
Canada's TransAlta Corp. (TAC) is significantly expanding its
operations in Western Australia with the $318 million purchase of
the 125-megawatt Solomon power station from Fortescue Metals Group
Ltd. (FMG.AU).
Verso Paper Corp. (VRS) said it has decided to end further
discussions with NewPage Corp. or its creditors regarding a
potential merger between the coated-paper makers.
Write to Nathalie Tadena at nathalie.tadena@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires