Among the companies whose shares are expected to actively trade
in Tuesday's session are Coca-Cola Co. (KO), Yum Brands Inc. (YUM)
and Becton Dickinson & Co. (BDX).
Coca-Cola's fourth-quarter earnings fell 71% from a year-earlier
period that included a large gain from the purchase of some
bottling operations, but shares gained 1.3% to $68.90 in recent
premarket trading as the soda giant's case volume continued to
rise.
Yum Brands' fourth-quarter income rose 30% as the fast-food
company's sales in China continued to grow, and U.S. sales
improved. Shares were up 2.1% premarket at $64.50 as earnings and
revenue beat estimates.
Becton Dickinson's fiscal first-quarter earnings fell 17% on
higher raw materials costs and expenses from recent acquisitions as
the medical-device maker's revenue edged up slightly. Shares
dropped 0.8% to $79.89 premarket as the company also lowered its
full-year earnings estimate on flat revenue to reflect the impact
of a strengthening U.S. dollar.
Emerson Electric Co.'s (EMR) fiscal first-quarter profit fell
23% as sales took a hit from supply chain disruptions and economic
uncertainty that led customers to pare back inventories. Shares
fell 2.6% to $52 premarket.
NCR Corp. (NCR) swung to a fourth-quarter loss as write-down and
pension charges weighed on results, though core earnings improved
from the year earlier. The company also agreed to sell assets of
its entertainment business to Coinstar Inc. (CSTR) for $100
million. NCR shares jumped 7.7% premarket to $20.50, while Coinstar
surged 18% to $59.60 as its fourth-quarter earnings more than
doubled.
PMC-Sierra Inc.'s (PMCS) fourth-quarter earnings more than
doubled as the chip maker booked a big tax recovery. However,
shares were down 6.1% to $6.33 premarket as revenue declined.
ViroPharma Inc. (VPHM) said the U.S. Food and Drug
Administration has rejected its proposal to expand manufacturing of
Cinryze, its treatment for angioedema -- a type of swelling similar
to hives. Shares dropped 5.6% to $28.80 premarket.
InterDigital Inc. (IDCC) forecast downbeat first-quarter
revenue, saying the projection reflected a shift in market share.
Shares dropped 5.3% to $38.50 premarket.
Central European Distribution Corp. (CEDC) said it is reviewing
the latest offer from shareholder Russian Standard Corp. for a
strategic alliance that would expand the wine and spirits
distributors' collective reach. Shares fell 2.2% to $5.78
premarket.
Watch List:
Anadarko Petroleum Corp. (APC) swung to a fourth-quarter loss on
Deepwater Horizon disaster-related settlement charges and asset
write-downs. Adjusted earnings and revenue beat expectations.
BRE Properties Inc.'s (BRE) fourth-quarter earnings soared as a
profitability metric for the real-estate investment trust improved
and as charges related to the extinguishment of debt weighed on
year-ago results.
Cadence Pharmaceuticals Inc. (CADX) said it is voluntarily
recalling one lot of its Ofirmev injection after an unidentified
particle was found in one of the lot's vials during routine
stability testing.
Church & Dwight Co.'s (CHD) fourth-quarter earnings rose 36%
as the consumer-products maker posted better-than-expected sales
growth despite intense price competition.
Gentiva Health Services Inc. (GTIV) said it now expects the
impact of an unfavorable Medicare ruling to push it out of
compliance with its financial covenant ratios this year, a
prediction it offered as it also reported its fourth-quarter profit
slumped 71% from a year earlier.
Leggett & Platt Inc.'s (LEG) fourth-quarter earnings fell
72% as the diversified manufacturer's bottom line was hurt by a
restructuring charge and weaker margins.
Liberty Property Trust's (LRY) fourth-quarter earnings rose 16%
on a slight increase in revenue and improved occupancy rates.
Lincare Holdings Inc.'s (LNCR) fourth-quarter earnings fell 3.3%
as the oxygen-equipment provider was hurt by higher costs for the
products and services it provides, as well as rising overhead costs
and bad-debt expense.
Orthofix International NV (OFIX) said it reached a series of
agreements to resolve federal investigations into three of its
businesses.
Owens & Minor Inc.'s (OMI) fourth-quarter profit rose 9.9%
on slightly higher-than-expected revenue.
Pantry Inc.'s (PTRY) fiscal first-quarter loss narrowed as the
convenience-store operator's same-store merchandise sales grew,
though gas sales volume continued to fall.
PartnerRe Ltd. (PRE) swung to a fourth-quarter loss as costs
tied to flooding in Thailand and an earlier earthquake disaster in
Japan weighed on the reinsurer's bottom line.
Plains Exploration & Production Co.'s (PXP) daily sales
volume climbed 13% in the fourth quarter, including 12% growth in
oil and liquids volume, driven by a strong performance in the Eagle
Ford and Haynesville shale regions.
Post Properties Inc.'s (PPS) fourth-quarter earnings rose 22% as
occupancy and monthly rents grew from a year earlier, but funds
from operations, a key profitability metric for real-estate
investment trusts, fell on a charge.
Scotts Miracle-Gro Co.'s (SMG) fiscal first-quarter loss widened
as the lawn-and-garden products company was hurt by weak sales
volume and commodities cost pressures.
TransDigm Group Inc. (TDG) swung to a profit in the fiscal first
quarter on prior-year refinancing costs, as the aircraft components
company's revenue received a big boost from acquisitions. The
company also raised its per-share earnings estimate for the
year.
Unum Group (UNM) swung to a fourth-quarter loss as the insurer's
decision to discontinue group long-term care policies triggered
heavy charges, though both its main business segments reported
stronger profits.
WPX Energy Inc. (WPX) lowered its capital spending view for the
year due to a decline in natural gas prices and said it plans to
focus its program on growing its oil and natural gas liquids
production.
-Edited by Ian Thomson and Maya Pope-Chappell; write to
ian.thomson@dowjones.com and maya.pope-chappell@dowjones.com