Among the companies with shares expected to trade actively in Friday's session are Aeropostale Inc. (ARO), Cooper Tire & Rubber Co. (CTB) and General Mills (GIS).

Aeropostale said it has stuck a deal to receive much-needed cash from private-equity firm Sycamore Partners in exchange for the option to take a larger stake in the struggling teen apparel retailer. Shares slid 16% to $6.12 premarket.

Anacor Pharmaceuticals Inc. (ANAC) swung to a profit in the fourth quarter, driven by gains from a litigation settlement and a rise in revenue. The company's revenue beat market expectations. Shares rose 6.4% to $21.45 in light premarket trading.

Cooper Tire posted a 73% decline in fourth-quarter earnings, driven by a drop in sales as well as the impacts from a labor dispute in China and its failed merger with India's Apollo Tyres Ltd. The company's earnings, however, topped Wall Street expectations. Shares climbed 5.2% to $24 premarket.

General Mills offered downbeat earnings guidance for the fiscal third quarter, citing lower sales volumes, among other issues. The packaged-foods maker known for Cheerios cereal and Green Giant frozen vegetables, among other brands, said sales reflect about a 1% drop in volume, which it called "consistent with recent food industry trends in developed markets." Shares slipped 2.9% to $49.55 premarket.

Hibbett Sports Inc. (HIBB) posted an increase in fiscal fourth-quarter sales, but its bottom line was hit by higher costs. The company's results fell below Wall Street expectations, sending shares down 4.5% to $55.25 premarket.

Liberty Media Corp. (LMCA, LMCB) dropped its proposal to acquire the rest of satellite-radio provider Sirius XM Holdings Inc. (SIRI) that the media-investment company doesn't already own. The company announced the withdrawn offer along with a plan to create two new tracking stocks. Series A shares climbed 7.4% to $135.46 premarket.

Mattress Firm Holding Corp. (MFRM) fiscal fourth-quarter earnings rose 14%, as the company reported a strong increase in revenue and same-store sales. Shares rose 6.9% to $47.50 premarket.

Ulta Salon Cosmetics & Fragrance Inc. (ULTA) said its fiscal fourth-quarter earnings rose 9.5% on the beauty-products retailer's better-than-expected sales growth. Shares climbed 7.6% to $96.35 premarket.

 
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Ann Inc. (ANN) unveiled plans to restructure its business, saying it expects to save about $25 million a year from eliminating about 100 positions and streamlining its operations. The women's clothing retailer also reported its fiscal fourth-quarter earnings nearly doubled, as gross margin improved slightly and same-store sales grew.

Buckle Inc. (BKE) said its fiscal fourth-quarter profit fell 3.4% as the clothing retailer's sales missed views. Buckle, which sells brands like Diesel and Guess, has generally posted sales growth in recent years, although its margins have been pressured by rising labor and commodities costs.

Hologic Inc. (HOLX) named Eric Compton as its chief operating officer, a newly created position, amid a handful of leadership changes at the medical-equipment maker. Mr. Compton most recently worked as the world-wide president of Johnson & Johnson's (JNJ) Ortho-Clinical Diagnostics. J&J in January agreed to sell the blood-testing business for $4.15 billion to Carlyle Group L.P. (CG).

Nelson Peltz's Trian Fund Management LP called on PepsiCo Inc.'s (PEP) board to meet shareholders without the company's management, as the activist shareholder continued its push for a spin off of the snack and drink company's struggling beverage business.

SeaWorld Entertainment Inc.'s (SEAS) fourth-quarter loss widened on higher costs and a drop in admissions, though the theme-park operator's revenue improved due to higher ticket prices and greater in-park spending.

Zumiez Inc.'s (ZUMZ) fiscal fourth-quarter earnings rose 17%, as the teen-apparel retailer's total revenue improved, though same-store sales slipped amid a weaker-than-expected holiday season.

Write to John Kell at john.kell@wsj.com and Lauren Pollock at lauren.pollock@wsj.com

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