Among the companies with shares expected to actively trade in
Tuesday's session are Sprint Corp. (S), Goodyear Tire & Rubber
Co. (GT) and MGM Resorts International (MGM).
Sprint Corp. said its first-quarter loss narrowed, as revenue
improved slightly and costs declined, though its number of contract
customers shrank. Results were better than expected, helping shares
rise about 4% premarket.
Goodyear reported a $58 million first-quarter loss as Venezuelan
currency charges and bad weather in North America hurt the
company's bottom line. Results were below market forecasts. Shares
fell about 8% premarket.
MGM Resorts International said its first-quarter profit surged
on continued strength from its Macau operations, as well as lower
expenses and more favorable tax conditions. Shares rose about 4% in
recent premarket trading as results topped analysts'
expectations.
Alliant Techsystems Inc. (ATK) on Tuesday said it plans to split
into two independent companies, one focused on outdoor sports and
hunting products, the other centered on aerospace and defense.
Shares rose about 7% premarket.
Amicus Therapeutics Inc. (FOLD) released positive 12-month and
24-month data from its first late-stage study of migalastat, a
treatment for certain Fabry patients. Shares jumped about 24%
premarket.
Coach Inc. (COH) said fiscal third-quarter profit fell 20% as
the handbag-and-accessories retailer's North American business
posted a double-digit decline in sales. Revenue missed estimates
and shares slid about 4% premarket.
Container Store Group Inc. (TCS) said its fourth-quarter profit
surged, despite harsh winter weather that drove down revenue
slightly. Still, results missed expectations. Shares dropped about
10% premarket.
Flamel Technologies SA said the U.S. Food and Drug
Administration rejected its second new drug application from its
Eclat portfolio, citing deficiencies found in a supplier's plants.
Shares declined about 15% premarket.
Novavax Inc. (NVAX) said its respiratory ailment vaccine
candidate for women of childbearing age in a Phase 2 study showed
positive results. Shares jumped about 8% premarket.
Ultra Clean Holdings Inc. (UCTT) swung to a first-quarter
profit, but shares tumbled as its earnings for the quarter and
profit outlook missed expectations. Shares fell about 19%
premarket.
Valero Energy Corp. (VLO) said its first-quarter profit jumped
27% on higher-than-expected revenue. Shares rose about 2%
premarket.
Watch List:
Ameriprise Financial Inc. (AMP) said its earnings rose 19% in
the first quarter as the financial-services company said fees from
client net inflows helped boost revenue. The results beat Wall
Street expectations.
Buffalo Wild Wings Inc.'s (BWLD) first-quarter profit jumped 73%
as the restaurant chain reported same-store sales growth, as well
as lower traditional chicken wing prices.
General Growth Properties Inc. (GGP) swung to a first-quarter
profit on stronger-than-expected funds from operations and revenue
growth.
H&R Block Inc. (HRB) said its U.S. revenue increased during
the latest tax season from a year earlier despite expected declines
in the number of tax returns prepared by the company.
Hain Celestial Group Inc. (HAIN) on Monday said it paid $61.3
million to acquire Rudi's Organic Bakery Inc., a deal Hain said is
expected to boost its profit.
Hartford Financial Services Group Inc. (HIG) swung to a
first-quarter profit as the company saw improved performance across
its business segments.
Helen of Troy Corp.'s (HELE) fiscal fourth-quarter earnings
plunged 65% as the personal-care and household-products maker
recorded revenue declines in all segments.
Herbalife Ltd. (HLF) said its first-quarter profit dropped 37%
as the nutritional-supplements maker recorded a steep
foreign-exchange loss tied to the devaluation of Venezuela's
bolivar.
JetBlue Airways Corp. (JBLU) said Chief Operating Officer Rob
Maruster is leaving the discount carrier and that the company's
president, Robin Hayes, will oversee operational leadership of the
airline.
Kinder Morgan Inc. (KMI) agreed to sell natural gas assets to
its general partner, El Paso Pipeline Partners LP (EPB), for $972
million in a deal that will reduce the former company's debt
load.
Range Resources Corp. (RRC) swung to a first-quarter profit as
the oil and gas company reported an increase in revenue, driven by
a rise in sales of natural gas, natural-gas liquids and oil.
STMicroelectronics NV (STM) reported a narrower first-quarter
loss as the semiconductor maker slashed research and development
expenses and recorded fewer impairment and restructuring
charges.
Target Corp. (TGT) named a veteran U.S. government adviser to
lead its technology team following a massive data breach last year
that enabled one of the largest credit-card thefts in corporate
history.
Tibco Software Inc. (TIBX) said it paid about $185 million to
acquire privately held Jaspersoft Corp., a commercial business
software provider that utilizes a subscription pricing model Tibco
has lauded.
Write to Ben Fox Rubin at ben.rubin@wsj.com and John Kell at
john.kell@wsj.com
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