CAG ConAgra Brands Inc

Among the companies with shares expected to trade actively in Thursday's session are Newmont Mining Corp. (NEM), McCormick & Co. (MKC) and InterOil Corp. (IOC).

Newmont Mining Corp. said Thursday that it would sell its stake in an Indonesian copper and gold mine for $920 million and contingent payments of up to $403 million. Shares rose 0.93% to $38.04 in premarket trading.

Spice maker McCormick & Co. said profit climbed 11% in the latest period as sales were again helped by acquisitions. Shares fell 2.54% to $100.10 premarket.

InterOil Corp. said Thursday that it has received a third party offer, potentially disrupting Oil Search Ltd.'s deal to acquire the midsize energy company. Share rose 7.63% to $45.27 premarket.

Darden Restaurants Inc. (DRI) on Thursday said profit climbed 33% in the latest period as same-store sales rose, but the company gave a soft forecast for earnings in its new year. Shares fell 4.17% to $63.21 premarket.

ConAgra Foods Inc. (CAG) reported a steeper-than-expected sales decline in its latest quarter, dragged by weakness in consumer brands as it continues to reshape its business. Shares fell 3.36% to $46.00 premarket.

Constellation Brands Inc. (STZ) on Thursday posted profit and revenue as a number of acquisitions continue to boost the beer and wine distributor. Shares rose 1.7% to $162.10 premarket.

All but two of 33 big U.S. banks won permission from regulators on Wednesday to boost dividends and buybacks as they passed the Federal Reserve's annual "stress tests," a gauge of how the banks would fare during a financial crisis. U.S. banking units of Deutsche Bank AG and Banco Santander SA failed, due to Fed concerns about their ability to measure risks, while Morgan Stanley (MS) received a conditional approval and was asked to submit a revised capital plan.

Alliant Energy Corp. (LNT) will replace AGL Resources Inc. (GAS) in the S&P 500 index after the close of trading on June 30, according to S&P Dow Jones Indices. With Madison, Wis.-based Alliant Energy moving to the S&P 500, Southwest Gas Corp. (SWX) will take its spot in the S&P MidCap 400 and Shutterstock Inc. (SSTK) will replace Southwest Gas in the S&P SmallCap 600.

Federal regulators on Wednesday accused BancorpSouth Bank (BXS) of discriminatory mortgage lending practices, or "redlining," against African-Americans and other minority borrowers.

A private-equity fund backed by Google parent company Alphabet Inc. has invested $46.4 million in Care.com Inc., making Alphabet its largest shareholder, Care.com said Wednesday.

U.S. health regulators on Wednesday approved Cepheid's (CPHD) screening test to help detect bacteria resistant to a common antibiotic used to treat severe infections.

CIT Group Inc. (CIT) is selling its Canadian business to Laurentian Bank of Canada as part of a turnaround plan to focus on domestic banking. The latest deal, expected to close in the fourth quarter, involves CIT's Canadian equipment finance and corporate finance portfolio, with more than $700 million in assets. Financial terms weren't disclosed, but Laurentian Bank said it would partially finance the deal through a 135 million Canadian dollar offering of subscription receipts.

Pier 1 Imports Inc. (PIR) swung to a deeper-than-projected loss in the first quarter on a sales slowdown that is projected to contract annual sales 1% to 3%. The retailer warned on Wednesday that the sales contraction and higher spending may push it into another loss in the current quarter.

Progress Software Corp.'s (PRGS) second-quarter results beat projections as higher sales offset the impact of currency fluctuations. Still, Progress cut further its revenue projection for the year that ends in November.

Seagate Technology PLC (STX) plans to eliminate some 1,600 jobs, or about 3% of its workforce, targeting about $100 million in savings a year. The latest cuts follow disappointing results in the most recent quarter.

Tractor Supply Co. (TSCO) on Wednesday gave downbeat second-quarter guidance and lowered its outlook for the year citing weakness in many of the retailer's big-ticket and seasonal categories.

Write to Maria Armental at maria.armental@wsj.com

(END) Dow Jones Newswires

June 30, 2016 09:24 ET (13:24 GMT)

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