EQIX Equinix Inc

Among the companies with shares expected to trade actively in Thursday's session are Alibaba Group Holding Ltd. (BABA), Regeneron Pharmaceuticals Inc. (REGN) and Merck & Co. (MRK).

Alibaba Group Holding Ltd. on Thursday reported a better-than-expected surge in revenue in the final quarter of the year as the Chinese e-commerce giant continued to add users and drive mobile sales. Shares rose 5.32% to $79.89 in premarket trading.

Regeneron Pharmaceuticals Inc. on Thursday said revenue increased a better-than-expected 38% in its first quarter as sales continued to surge for its key eye-disease treatment. Shares rose 4.2% to $375.79 premarket.

Merck & Co. posted a revenue decline as generic competition and currency fluctuations hurt results. Shares rose 0.26% to $54.95 premarket.

Drug wholesaler AmerisourceBergen Corp. (ABC) swung to a profit for the March quarter but cut its earnings guidance for the current fiscal year amid continued generic-drug pricing pressures in the sector. Shares fell 9.24% to $76.50 premarket.

AT&T (T) said Wednesday that it has awarded a contract to host its Web and mobile portals to Synacor Inc. (SYNC). Shares of Synacor rose 148.23% to $3.50 premarket.

Avon Products Inc. (AVP) on reported its loss worsened in the most recent quarter, dented by foreign currency challenges, restructuring and the deconsolidation of its Venezuela operations as it works through a major rehaul of its business. Shares fell 4.42% to $4.11 premarket.

Occidental Petroleum Corp. (OXY) posted a profit in its latest quarter, helped by a hefty tax benefit, as the company continues to cut costs amid a low-energy-price environment.

Costco Wholesale Corp. (COST) said total sales in April rose 3% to $8.98 billion, helped by strength in Canada. Shares fell 1.73% to $148.89 premarket.

Kellogg Co. (K) said its first-quarter earnings fell 33% in the latest quarter as lower revenue, dinged by currency translations, and higher interest expense hurt the company's bottom line.

Cable networks powered revenue and adjusted profit growth for 21st Century Fox (FOXA) in the March quarter, as increases in subscription fees and ad dollars offset higher programming expenses.

Hail storms, market volatility and persistently low interest rates stung more insurers in the first quarter, as four of the biggest companies in the sector on Wednesday reported sharply lower operating profits.

Equinix Inc. (EQIX) swung to a loss in the latest quarter as expenses climbed in the wake of recent acquisitions.

Fitbit Inc. on Wednesday raised its financial projections for the year as it reported sales surged in the first quarter. Higher expenses, however, lowered profit and eroded margins.

GoDaddy Inc. (GDDY) on Wednesday reported an increase in customers and average revenue per user during the first quarter as total revenue slightly exceeded its guidance.

IAC/InterActiveCorp.(IAC), which last year spun off its dating websites as Match Group Inc., on Wednesday reported a 6% increase in revenue, though profit dropped sharply in the first quarter.

Kraft Heinz Co.(KHC), run by the Brazilian private-equity firm 3G Capital Partners LP, said Wednesday that sales fell 3.8% in the first quarter. The company attributed the decline largely to currency conversions.

Leucadia National Corp.(LUK), the parent of investment bank Jefferies, swung to a first-quarter loss, driven by losses at the investment bank. The New York holding company also booked a $53.2 million investment loss tied to its bailout of currency-trading firm FXCM Inc. last year, when Switzerland's central bank lifted its cap on the Swiss franc's exchange rate against the euro.

Marathon Oil Corp. on Wednesday said its quarterly revenue was cut in half, year-over-year, and fell below $1 billion for the first time since becoming a standalone company in 2002.

McKesson Corp.'s (MCK) profit rose in the fourth quarter, helped by higher revenue and a reduction in operating expenses.

Plains All American Pipeline LP's (PAA) first-quarter profit fell 29% as the master limited partnership said drilling and completion activity has "meaningfully" declined in the last few months.

Oil driller Transocean Ltd. (RIG) swung to a first-quarter profit as it slashed spending to offset a 35% revenue drop brought on by an oil rut amid a supply glut wreaking havoc through the sector.

Tesla Motors Inc.'s (TSLA) first-quarter losses widened to $283 million as lower-than-expected deliveries hurt revenues.

TripAdvisor Inc.'s (TRIP) first-quarter profit dropped sharply on higher expenses and lower revenue, driven by a drop in click-based advertising.

WebMD Health Corp. (WBMD) on Wednesday posted quarterly revenue and profit that beat market expectations, propelled by a 15% climb in its advertising and sponsorship sales.

Weight Watchers International Inc. (WTW) on Wednesday raised its annual projections as it reported a narrower-than-expected first-quarter loss.

Whole Foods Market Inc. (WFM) on Wednesday cut its financial projections for the year and projected a decline in a key sales metric as the supermarket chain tries to revamp operations.

Williams Cos. (WMB) swung to a first-quarter loss and the pipeline company's chief executive disclosed additional cost cuts, including reducing its workforce by 10%. The Tulsa, Okla., company is in the process of being acquired in a $32.6 billion deal by Energy Transfer Equity LP (ETE), which along with affiliate Energy Transfer Partners LP (ETP) posted lower revenue for the three-month period ended in March.

Zynga Inc. (ZNGA) on Wednesday reported first-quarter results that beat expectations, thanks to cost-cuts and increased advertising revenue, but the videogame developer posted another sharp decline in customers.

Write to Chris Wack at chris.wack@wsj.com or Maria Armental at maria.armental@wsj.com

(END) Dow Jones Newswires

May 05, 2016 09:28 ET (13:28 GMT)

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