Among the companies with shares expected to actively trade in
Friday's session are United Parcel Service Inc. (UPS), Amazon.com
Inc. (AMZN) and Procter & Gamble Co. (PG).
United Parcel Service Inc. said its revenue rose 5.7% in the
latest quarter, helped by higher daily package volumes and strength
overseas. Shares rose 1.1% in premarket trading as the results
topped expectations.
Procter & Gamble Co. said it plans to exit its Duracell
battery business and will likely split the operation off into a
separate company. Shares rose 2.1% in premarket trading.
Lear Corp. (LEA) said its third-quarter profit rose 24% as the
automotive-seating and electric-systems company posted sales growth
in most of its geographies, with particularly strong increases in
China and North America. Shares rose 3.5% premarket.
Alcoa Inc. (AA) plans to sell its stake in a South Carolina
aluminum smelter to Century Aluminum Co. (CENX) for about $67.5
million in cash, the companies said Thursday.
Amazon.com Inc. reported a significantly wider loss in the third
quarter, despite a 20% boost in sales, as the company's many
investments continued to weigh on its bottom line. Shares fell 11%
in the premarket session.
AMC Networks Inc. (AMCX) is acquiring a 49.9% stake in BBC
America, taking control of affiliate and advertising sales for the
cable channel that is home to "Doctor Who," "Orphan Black" and "Top
Gear."
Cerner Corp.'s (CERN) third-quarter earnings rose 12% as revenue
increased 15%.
Chubb Corp. (CB) posted a 10% increase in third-quarter earnings
as the insurance company said it has low catastrophe losses.
Edwards Lifesciences Corp.'s (EW) third-quarter earnings rose
23%, driven by strong sales of its nonsurgical heart valves.
Juniper Networks Inc. (JNPR) provided fourth-quarter guidance
that missed analysts' expectations though the networking equipment
company posted a 4.5% increase in third-quarter earnings.
KLA-Tencor Corp. (KLAC) plans to pay a special cash dividend and
buy back more of its shares, the company said Thursday. The
announcement came as the company reported better-than-expected
results for its first quarter.
Microsoft Corp. (MSFT) continues to defy expectations by growing
at a much faster clip than its business-technology peers, while the
company also managed to post stronger-than-forecast sales in its
troubled Nokia mobile business.
NPS Pharmaceuticals Inc. (NPSP) said the U.S. Food and Drug
Administration has extended the company's Prescription Drug User
Fee Act action date for the company's experimental hormone drug to
Jan. 24 from Friday.
Pandora Media Inc. (P) reported a 25% increase in the number of
hours listeners tuned in during the third quarter, the first
year-to-year comparison since the Internet radio giant ended its
40-hour free-listening monthly cap.
Pfizer Inc. (PFE) said it will continue repurchasing stock with
a new $11 billion buyback plan.
Principal Financial Group Inc. (PFG) said Thursday its
third-quarter operating earnings rose 31% as it posted increases in
revenue and assets under management.
Riverbed Technology Inc. (RVBD) projected fourth-quarter
earnings that missed analysts' expectations, but the company also
reported Thursday that third-quarter revenue rose 5.6%.
Southwestern Energy Co.'s (SWN) third-quarter profit rose 13% as
production increases offset lower prices.
Watchlist:
Bristol-Myers Squibb Co. (BMY) reported a smaller-than-expected
decline in third-quarter revenue, despite lost sales as resulting
from its exit of a diabetes alliance earlier this year.
Cabot Oil Gas Corp. (CBT) said its third-quarter earnings grew
44% on the strength of higher production volume in key
segments.
Colgate-Palmolive Co. (CL) said its third-quarter earnings fell
17%, warning that deteriorating foreign-exchange rates are weighing
on its results.
DTE Energy Co. (DTE) reported its profit fell 21% in the third
quarter, dragged down by high-speed wind storms that hurt its
electric business.
Ford Motor Co. (F) said its third-quarter income fell to $835
million from $1.27 billion a year ago as lower production, and
warranty and recall costs led to lower profits in North America,
and losses in Europe hurt results.
Lifepoint Hospitals Inc. (LFPI) said revenue jumped 30% in the
latest quarter, as the rural hospital operator benefited from a
larger number of hospitals.
Moody's Corp. (MCO) said its revenue jumped 16% in the latest
quarter, driven by strong gains in its debt-rating and analytics
businesses.
Magellan Health Services Inc. (MGLN) said recent acquisitions
helped drive better-than-expected revenue growth in its third
quarter, but earnings fell sharply on higher tax costs.
Nasdaq OMX Group Inc. (NDAQ) said its earnings rose 8.9% as the
firm's focus on expense control helped offset the effect of foreign
exchange and other pressures on its top line.
State Street Corp. (STT) said its profit rose 2.1% as growth in
fee revenue boosted its top line.
Write to Maria Armental at maria.armental@wsj.com and Michael
Calia at michael.calia@wsj.com
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