Among the companies with shares expected to actively trade in
Thursday's session are Green Mountain Coffee Roaster Inc. (GMCR),
Johnson Controls Inc. (JCI) and Williams-Sonoma Inc. (WSM).
Green Mountain's fiscal fourth-quarter profit jumped 38% due to
higher sales of the company's single-serve coffee packs and robust
demand for its Keurig brewers. Shares rose 4.6% to $64.70 in
after-hours trading Wednesday, as results for the latest period
exceeded expectations.
Johnson Controls unveiled a three-year $3.65 billion
share-repurchase program Wednesday as the manufacturer also said
its board has increased the company's regular quarterly dividend.
Shares climbed 4.2% to $50.23 after hours.
Williams-Sonoma's fiscal third-quarter profit rose 16% as
same-store sales increased at all store formats the housewares and
furniture retailer operates, led by gains at West Elm and PBteen.
The latest results exceeded expectations and Williams-Sonoma issued
a rosier outlook for the year. Shares rose 6.2% to $58.95 in
after-hours trading.
Watch List:
Real-estate developer Alexander & Baldwin Inc. (ALEX) agreed
to pay $373 million to buy a portfolio of commercial properties in
Hawaii that includes shopping centers, industrial properties and
some preservation-zoned land.
Amicus Therapeutics Inc. (FOLD) intends to trim costs by cutting
14% of its work force, while the biopharmaceutical company said it
revised the terms of a pact with GlaxoSmithKline PLC (GSK, GSK.LN)
and acquired a firm.
AvalonBay Communities Inc. (AVB) said its chief financial
officer, Thomas J. Sargeant, will retire next year, while Kevin P.
O'Shea will succeed him in the role.
Dillard's Inc. (DDS) said the department-store operator's board
has authorized an additional share repurchase program of up to $250
million.
Jack in the Box Inc.'s (JACK) fiscal fourth-quarter profit rose
83% while the restaurant operator posted lower costs and a smaller
effect from discontinued operations, masking a drop in revenue.
L Brands Inc.'s (LTD) fiscal third-quarter profit rose 25% as
the retailer continued to post higher sales, helped by improving
same-store sales at its Victoria's Secret and Bath & Body Works
units.
Post Holdings Inc. (POST) swung to a fiscal fourth-quarter loss
as the cereal maker's results were weighed by costs tied to a plant
closure in California and weaker gross margins, though recent
acquisitions fueled strong top-line growth.
Ruby Tuesday Inc. (RT) unveiled a plan to cut 50 jobs at a
support center in Tennessee while the restaurant chain also said it
has hired a consulting firm to look into other ways to cut
costs.
ValueVision Media Inc.'s (VVTV) fiscal third-quarter loss
narrowed thanks to higher revenue that was driven by strong growth
in shipments.
Yum Brands Inc. (YUM) unveiled a reorganization plan that will
keep its China and India divisions separate while combining the
rest of its international businesses with its KFC, Pizza Hut and
Taco Bell divisions in the U.S.
Write to John Kell at john.kell@wsj.com
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