Among the companies whose shares are expected to actively trade
in Friday's session are Nuance Communications Inc. (NUAN), LinkedIn
Corp. (LNKD) and True Religion Apparel Inc. (TRLG).
Nuance's fiscal first-quarter profit surged thanks to a tax
benefit as the speech-software company reported double-digit
revenue growth at most of its businesses. However, shares fell 10%
to $27.36 premarket as adjusted earnings and revenue fell short of
Wall Street's expectations.
LinkedIn's fourth-quarter earnings soared as the
professional-networking site's revenue more than doubled. Shares
rose 9.5% to $83.68 in premarket trading as the results topped
analysts' expectations.
True Religion's fourth-quarter earnings sank 8.4% as the
jeans-maker saw weaker sales in its wholesale business, though its
direct consumer unit showed strength. Shares slid 25% to $27.50
premarket as the company missed earnings and revenue expectations
and as it gave a downbeat 2012 profit forecast.
NeurogesX Inc. (NGSX) said a Food and Drug Administration
advisory committee didn't recommend approval for the specialty
pharmaceutical company's Qutenza patch as a treatment for nerve
pain related to HIV-associated peripheral neuropathy. Shares
plunged 38% to 50 cents premarket.
LyondellBasell Industries N.V. (LYB) swung to a fourth-quarter
loss amid refinancing costs and a shutdown of an oil refinery.
Shares were down 6.9% at $41.50 premarket as adjusted earnings fell
short of market expectations.
Overseas Shipholding Group Inc. (OSG) said it will suspend its
quarterly dividend payments, the latest step by the shipper to
preserve liquidity in the face of stubborn economic headwinds.
Shares dropped 10% to $10.65 premarket.
Brooks Automation Inc.'s (BRKS) fiscal first-quarter earnings
sank 87% as the semiconductor-equipment maker's product revenue
dropped, though services revenue increased and margins improved,
pushing shares up 6.3% to $12 premarket as the company predicted
upbeat second-quarter results and expressed optimism above future
quarters.
The U.S. Food and Drug Administration said Thursday the use of
Merck & Co.'s (MRK) Hepatitis C drug Victrelis with certain
types of HIV medicines may reduce effectiveness of both types of
treatments. Shares dropped 0.4% to $38 premarket.
Expedia Inc.'s (EXPE) fourth-quarter profit eased 1.4% as
slumping revenue from air travel hurt the online travel agent's top
line. Shares dropped 4.8% to $32.52 premarket on the
weaker-than-expected results.
Lions Gate Entertainment Corp.'s (LGF) fiscal third-quarter loss
narrowed as the movie and television studio posted an increase in
equity interest income from its share in the Epix channel, though
revenue slipped. Shares fell 4.5% to $10.52 premarket.
AllianceBernstein Holding L.P. (AB) swung to a fourth-quarter
loss as revenue missed expectations amid a drop in trading
activity. Shares slipped 3.1% to $16 premarket.
A subsidiary of Quicksilver Resources Inc. (KWK) filed plans to
raise up to $250 million in an initial public offering, which will
see Quicksilver contribute some of its Barnett Shale assets to the
recently formed limited partnership. Quicksilver's shares gained
0.4% to $5.38 premarket.
Biotechnology firm Exelixis Inc.'s (EXEL) public offering of 11
million shares priced at a 3% discount of Thursday's close. Shares
dropped 4.7% to $5.40 in premarket trading.
ValueVision Media Inc. (VVTV) said it expects to see an 18%
decline in its fourth-quarter revenue, as weakness in consumer
electronics weighed down on the home-shopping company and many
other retailers. Shares fell 8.2% to $1.79 premarket.
Watch List:
Alliant Energy Corp.'s (LNT) fourth-quarter earnings rose 21% as
non-regulated business revenue soared, and the electric and
natural-gas utility said it plans to sell its RMT unit.
Apollo Global Management LLC's (APO) fourth-quarter profit slid
95% from a year earlier as the buyout firm reported revenue well
below expectations.
AptarGroup Inc.'s (ATR) fourth-quarter earnings fell 5.3% as a
higher tax rate weighed on the dispenser maker's bottom-line and as
the company's beauty and home segment saw slightly lower sales.
Brookfield Office Properties Inc.'s (BPO, BPO.T) fourth-quarter
earnings slid 65% from the year-earlier period, propped up by a big
fair-value gain and income-tax benefit, masking a surge in
revenue.
Calpine Corp.'s (CPN) fourth-quarter loss narrowed as the power
company booked a gain tied to derivatives trading and saw margins
improve, though sales fell slightly.
Flowers Foods Inc.'s (FLO) fourth-quarter earnings fell 27% as
higher ingredient costs offset a sales improvement helped by its
acquisition last year of Tasty Baking Co. Results missed estimates,
and the maker of Nature's Own, Sunbeam and Blue Bird breads and
baked goods also issued a cautious 2012 outlook.
Gardner Denver Inc.'s (GDI) fiscal fourth-quarter earnings rose
36% as the maker of air compressors and pumps benefited from strong
demand in the energy sector. However, as overall revenue growth
fell short of expectations.
Home Properties Inc.'s (HME) fourth-quarter profit soared as the
apartment real-estate investment trust posted stronger revenue
driven by higher average rents.
Hudson City Bancorp Inc. (HCBK) said its chairman and chief
executive is stepping aside temporarily to attend to an unexpected
medical issue, leaving its operating chief to assume those duties
for the time being.
International Game Technology (IGT) named Walt Disney Co. (DIS)
executive John Vandemore as its new chief financial officer and
treasurer, effective Feb. 13.
Laboratory Corp. of America Holdings' (LH) fourth-quarter profit
edged up 2.7% as the provider of medical-testing services booked a
modest increase in revenue and testing volume.
Montpelier Re Holdings Ltd.'s (MRH) fourth-quarter profit slid
33% as costs from flooding in Thailand and other natural disasters
caused the reinsurer to report an operating loss.
NXP Semiconductors N.V.'s (NXPI) fourth-quarter loss widened on
lower revenue and as restructuring charges weighed on bottom-line
results. However, the company issued an upbeat revenue view for the
first quarter.
Pitney Bowes Inc.'s (PBI) fourth-quarter earnings surged as the
mail- and document-services company posted a large tax benefit,
though revenue and margins declined.
PPL Corp.'s (PPL) fourth-quarter earnings rose 13% as revenue
more than doubled and the operator of utilities and power plants
raised its dividend by 2.9%.
Republic Services Inc.'s (RSG) fourth-quarter earnings rose a
better-than-expected 29% as the trash hauler saw higher industrial
collection revenue and lower provisions for income taxes. The
company's results beat analysts' expectations.
Sierra Wireless Inc.'s (SWIR) swung to a fourth-quarter loss as
the company recorded higher expenses as well as lower sales due to
the absence of two major customers. However, the company issued an
upbeat first-quarter outlook.
XL Group PLC (XL) swung to a surprise fourth-quarter loss as the
property-and-casualty insurer reported sharply higher catastrophe
losses and an impairment charge.
-Edited by Ian Thomson and Maya Pope-Chappell; write to
ian.thomson@dowjones.com and maya.pope-chappell@dowjones.com