Among the companies with shares expected to actively trade in
Thursday's session are Potbelly Corp. (PBPB), Tractor Supply (TSCO)
and Zumiez Inc. (ZUMZ).
Axiall Corp. (AXLL) said it expects to post a sharp drop in
income for the second quarter after a manufacturing facility in
Louisiana was damaged in a fire in December. Shares of the
chemicals and building products company declined 5.4% to $45
premarket.
Kosmos Energy Ltd. (KOS) said funds affiliated with Blackstone
Group L.P. (BX) and Warburg Pincus LLC have agreed to sell an 17
million shares of the oil and gas exploration company. Shares
dropped 8.9% to $9.68 premarket.
Liquidity Services Inc. (LQDT) said it would cease the sale of
some assets under its contract with the U.S. defense department
while the contract is under review. The online auctioneer said the
move will soften its third-quarter earnings outlook, pushing its
shares down about 5% in recent premarket trading.
Lumber Liquidators Holdings Inc. (LL) warned customer traffic in
the second quarter was significantly weaker than expected and
lowered its financial guidance for the year. Shares declined 4.6%
to $14 in light premarket trading.
Potbelly warned of weaker-than-expected sales in its second
quarter as the sandwich chain lowered its outlook for the year and
said it will test a number of new marketing, menu and operational
tactics in the second half. Shares dropped 17% to $12.20
premarket.
Regado Biosciences Inc. (RGDO) said it was notified that the
U.S. Food and Drug Administration placed a clinical hold on a phase
III trial of its Revolixys system. Shares dropped 2.6% to $2.63
premarket.
Tractor Supply, the largest U.S. chain of farm and ranch stores,
warned that its results for the year will probably be at the lower
end of its projections, based on weaker results for the second
quarter. Shares fell 4.6% to $58.55 premarket.
Zumiez raised its fiscal second-quarter guidance on its
better-than-anticipated June sales results. Shares rose 8.9% to
$30.48 premarket.
Watch List:
Allergan Inc. (AGN) Chief Executive David Pyott says he is
looking at potential sizable acquisitions, at the urging of his
shareholders, as he seeks to fight off a $53 billion hostile offer
from Valeant Pharmaceuticals International Inc. (VRX) and activist
investor William Ackman.
Cal-Maine Foods Inc. (CALM) said its fresh egg sales totaled
about 1.014 billion dozen eggs in its recently completed fiscal
year, calling it a record for any supplier.
Family Dollar Stores Inc. (FDO) said it will take additional
steps to improve its profits, after its fiscal-third quarter profit
slid 33%. "Our results continue to reflect the economic challenges
facing our core customer and an intense competitive environment,"
said Chief Executive Howard Levine, adding sales have remained
below expectations.
General Cable Corp. (BGC), which makes copper, aluminum and
fiver optic wire, said it will cut about 7% of its workforce and
close down some plants as part of a restructuring, and it lowered
its outlook for operating income for the year.
Helen of Troy Corp. (HELE) said its fiscal first-quarter
earnings rose 14% on sales growth in the company's housewares and
healthcare/home environment businesses.
Republic Airways Holdings Inc. (RJET) raised its second-quarter
earnings guidance and pretax margin view as the regional carrier
reported that passenger traffic rose 16% from a year earlier.
Health-care real-estate investment trust Ventas Inc. (VTR) said
its chief accounting officer, Robert Brehl, had separated from the
company and that it had dismissed Ernst & Young as the
company's auditor "as a result of an inappropriate personal
relationship" between an Ernst & Young partner and the chief
accounting officer.
WD-40 Co. (WDFC) reported a smaller-than-expected increase in
third-quarter sales, hurt by a decline in its Americas segment.
Write to Maria Armental and Lauren Pollock at
maria.armental@wsj.com
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