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U.S. HOT STOCK FUTURES: HOT STOCKS TO WATCH

Among the companies with shares expected to actively trade in Friday's session are Research in Motion Ltd. (RIMM, RIM.T), Nike Inc. (NKE) and Smith & Wesson Holding Corp. (SWHC). Research in Motion reported its first quarterly operating loss in more than seven years as the BlackBerry-maker suffered another quarter of falling device sales. The company also said it will delay the release of its newest BlackBerry until after the crucial holiday season and disclosed plans to cut 5,000 jobs by the end of the fiscal year. Shares slumped 17% to $7.63 in premarket trade Friday. Athletic-goods giant Nike reported fiscal fourth-quarter results that missed Wall Street's expectations and said it will remain pressured by an uncertain global economy and fluctuating costs. Nike reported earnings dropped 7.6% as weaker gross margins and higher marketing costs tied to product launches and two key global sporting events more than offset solid revenue growth across all global markets. Shares were down 12% to $85.72 in premarket trade. Smith & Wesson's fourth-quarter earnings surged as the gun maker saw sales volume continue to grow and operating expenses declined. Shares climbed 17% premarket to $8.09 as results topped Wall Street expectations and the company projected upbeat full-year and first-quarter results. Constellation Brands Inc.'s (STZ) fiscal first-quarter earnings fell 3.4% as the alcoholic beverage maker saw higher interest expense and a loss on the write-off of financing costs. Revenue missed expectations, but shares were up 14% to $24.80 in recent premarket trading as Constellation said it would buy the remaining 50% stake of Crown Imports LLC, its joint venture with Mexican brewer Grupo Modelo SAB de CV (GPMCY, GMODELO.MX), for $1.85 billion from Anheuser-Busch InBev (ABI.BT, BUD). Fushi Copperweld Inc. (FSIN) said Thursday it will be taken private by its chairman and co-chief executive Li Fu and private-equity firm Abax Global Capital (Hong Kong) Ltd. for $9.50 a share, an increase from an offer made in November. The offer represents a 21% premium to the stock's closing price Thursday. Shares jumped 12% to $8.81 premarket. KB Home (KBH) narrowed its fiscal second-quarter loss as the home builder reported increased deliveries and orders as well as a strong backlog, overshadowing a slightly higher cancellation rate. Shares climbed 10% to $9.60 in premarket trade. Results for the quarter topped Wall Street expectations. Watchlist: Accenture PLC's (ACN) fiscal third-quarter earnings rose 9.8% as the consulting firm amid broad-based revenue growth, particularly in its outsourcing business. Apple Inc. (AAPL) has tapped Dan Riccio as senior vice president of hardware engineering, replacing Bob Mansfield, who is retiring. AZZ Inc.'s (AZZ) fiscal first-quarter earnings jumped 69% as the electrical and industrial products manufacturer posted continued strength in revenue from its galvanizing-services segment. EXFO Inc. (EXFO) swung to a fiscal third-quarter loss as the maker of telecommunications testing equipment saw revenue and bookings fall sharply amid a shaky global economy and constrained capital spending. Ford Motor Co.(F) on Thursday warned it expects to lose roughly $570 million in its overseas operations in the second quarter, largely as a result of the slumping economy in Europe, and to see a decline in its overall profit compared with the second quarter of 2011. Pipeline operator Holly Energy Partners L.P. (HEP) has agreed to acquire HollyFrontier Corp.'s (HFC) 75% stake in UNEV Pipeline LLC for $315 million, allowing Holly Energy to continue its growth in tariff-based revenues and HollyFrontier to focus on its core operations, the companies said. Team Health Holding Inc. (TMH) said its top stockholder and three company leaders plan to sell 8 million shares of the urgent-care company's stock. Jaguar Mining Inc. (JAG, JAG.T) disclosed its former president and chief executive Daniel Titcomb has sued the Brazilian gold producer and three directors over the termination of his employment in December. Fitch Ratings raised its outlook on M&T Bank Corp. (MTB) to stable from negative, citing the company's "consistently sound financial performance during a difficult operating environment." New York & Co. Inc. (NWY) has tapped former Ann Taylor Corp. executive Laura Weil as chief operating officer. Tibco Software Inc.'s (TIBX) fiscal second-quarter profit increased 26% as the software provider posted double-digit sales gains in both of its main businesses and improved margins. Results topped the company's expectations. ValueClick Inc. (VCLK) said it expects second-quarter revenue to be at the high end of its previous estimates, noting strong growth from its media segment, and also added $100 million to its share-repurchase program. Walter Energy Inc. (WLT) said it expects "solid" metallurgical coal production for the second quarter, but revenue and income will be hurt by lower prices across the industry. Write to Mia Lamar at mia.lamar@dowjones.com

Stock News for Exfo (EXFO)
DateTimeHeadline
06/27/201309:19:26U.S. HOT STOCK FUTURES: HOT STOCKS TO WATCH
01/12/201209:04:21US Stock Futures: HOT STOCKS TO WATCH
01/13/201113:07:55TECH STOCKS: Tech Stocks Edge Higher; Micron Rises

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