Among the companies with shares expected to trade actively in Thursday's session are Advanced Micro Devices Inc. (AMD), Salesforce.com Inc.'s (CRM), and Campbell Soup Co. (CPB).

 

Advanced Micro Devices and the company that manufactures most of its computer chips have updated their relationship, continuing AMD's ability to make chips elsewhere. AMD estimated it would book a $335 million charge in the current quarter, including $100 million in cash payments to be made to the company, Globalfoundries, and $235 million for the estimated value of a warrant to Mubadala Development Co., which owns Globalfoundries. Shares of Advance Micro Devices fell 3.8% to $7.12 in premarket trading.

 

Business-software maker Salesforce.com's revenue rose 25% in the latest quarter, led by the continued expansion in its service that allows customers to build applications. But bookings, a key metric for cloud companies that indicates future business, and guidance for the current quarter disappointed. The company's shares dropped 6.6% to $74.19 premarket.

 

Campbell Soup on Thursday posted an unanticipated decline in quarterly profit and offered guidance for the current fiscal year below Wall Street expectations amid weakness in its fresh-foods business and currency woes. Shares of Campbell declined 3.7% to $58.50 premarket.

 

Cytokinetics Inc. (CYTK) announced plans to launch a Phase 3 study of its heart-failure drug omecamtiv mecarbil in collaboration with partner Amgen Inc. (AMGN). Shares of Cytokinetics climbed 7.2% to $12.94 premarket.

 

Ciena Corp.'s (CIEN) profit rose in its third quarter as the telecom-equipment maker said revenue increased across its segments. Shares gained 2.6% to $22.00 premarket.

 

Box Inc.'s (BOX) revenue rose 30% in its latest quarter, though the software maker posted another loss as it continues to spends to grow business.

 

Sales at Costco Wholesale Corp. (COST) grew a disappointing 2% in the latest quarter, making the retailer the latest to report a lackluster result as shoppers increasingly move online.

 

Executives at Deutsche Bank AG (DB) are contemplating dramatic options for the German lender, including selling all or part of a key business, a sign of growing pressure to speed up a flagging overhaul.

 

Teen retailer Five Below Inc. (FIVE) on Wednesday raised its projections for the year, following better-than-expected results for the second quarter. But projections for the current quarter, which straddles the back-to-school shopping season and Halloween, came in below expectations and comparable sales--a key metric for retailers--showed signs of deceleration.

 

Apparel company Oxford Industries Inc. (OXM) swung to a profit in the latest quarter, propelled by strong sales from its Tommy Bahama line.

 

Write to Jenny Roth at jenny.roth@wsj.com and Maria Armental at maria.armental@wsj.com

 

(END) Dow Jones Newswires

September 01, 2016 09:30 ET (13:30 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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