Among the companies with shares expected to actively trade in Tuesday's session are Target Corp. (TGT), Gannett Co. (GCI) and CVS Caremark Corp. (CVS).

Target lowered its second-quarter outlook, pointing to promotional markdowns at its U.S. stores and softer-than-expected sales in Canada. Shares fell 4.8% to $57.80 in premarket trading.

Gannett said it will spin off its publishing business, creating two separate publicly traded companies, and confirmed it will buy full ownership of Cars.com for $1.8 billion. Shares jumped 6.8% to $36.65 premarket.

CVS Caremark said its second-quarter earnings rose 11% as the company saw growth in its services and retail businesses. The company also boosted its earnings guidance for the year. Shares gained 1.1% to $78.23 premarket.

Bloomin' Brands Inc. (BLMN) lowered its earnings outlook and said its second-quarter profit fell as the Outback Steakhouse parent recorded higher expenses and faced weak traffic at its restaurants. Shares dropped 10.4% to $17.75 premarket.

Archer Daniel Midlands Co. (ADM) said second-quarter earnings more than doubled as the company reported recovering U.S. grain-export volumes. Shares declined 2.2% to $48 premarket.

Time Inc. (TIME), the publishing business spun off from Time Warner Inc. (TWX), posted a second-quarter bottom line that topped analysts' expectations. Shares were inactive premarket.

Motorola Solutions Inc. (MSI) said its second-quarter sales slipped, while the company's guidance for the current period was weaker than expected. Shares sank 3.6% to $61.80 premarket.

Walgreen Co. (WAG) said same-store sales rose 5.2% in July, as strong pharmacy sales helped to offset weaker front-end traffic. Shares fell slightly to $71.50 premarket.

Allergan Inc. (AGN) continued its offense against Valeant Pharmaceuticals International Inc.'s (VRX, VRX.T) hostile bid for the Botox maker, saying Valeant's disclosures remain insufficient and inconsistent.

Cablevision Systems Corp.'s (CVC) second-quarter revenue rose as higher advertising and increased cable profits helped offset a drop in video subscribers.

Emerson Electric Co.'s (EMR) fiscal third-quarter earnings surged on lower costs and a favorable comparison with the year-ago period. But results missed expectations and the company predicted fiscal-year results will come in at the lower end of its prior guidance.

Office Depot Inc. (ODP) reported a surprise second-quarter adjusted per-share profit and raised projected savings from its merger with rival OfficeMax at least 25% for the year.

Coach Inc. (COH) said its fiscal fourth-quarter profit fell sharply, as the retailer's North American sales declined and its costs and expenses increased.

Actavis PLC (ACT) swung to a profit in the second quarter as the company posted a double-digit increase in revenue. The company also raised its earnings guidance for the year.

Monster Worldwide Inc.'s (MWW) second-quarter revenue fell short of expectations and the company issued third-quarter guidance well below analysts' forecasts.

Och-Ziff Capital Management LLC's (OZM) second-quarter earnings surged, driven by double-digit increases in revenue from management fees and income of consolidated funds.

MGM Resorts International (MGM) said it swung to a second-quarter profit amid growth at its domestic casinos and resorts.

Vulcan Materials Co. (VMC) reported its second-quarter profit rose 60% as shipments in its aggregates segment increased.

 
   Watchlist: 
 

American International Group Inc. (AIG) posted a 13% jump in second-quarter profit, aided by solid results in its core operations and a large gain from the last of a series of divestitures prompted by its crisis-era government bailout.

Avis Budget Group Inc. (CAR) swung to a second-quarter profit as strong volume and pricing continued into the summer, prompting the car-rental company to increase its guidance for the year.

Community Health Systems Inc. (CYH) said it agreed to pay a combined $89.2 million in a settlement that ends government inquiries into whether the company improperly billed Medicare, Medicaid and Tricare for certain inpatient admissions the government claimed should have been billed as outpatient or observation cases.

Dresser-Rand Group Inc.'s (DRC) second-quarter profit fell 45% partly due to lower bookings from "a Latin American national oil company," but the company said its results were in line with its guidance and said it's seeing a "pickup" in bookings.

Groupon Inc. (GRPN) named LinkedIn Corp. (LNKD) executive Parker Barrile to head its teams focused on web, mobile and design as the company strives to remake itself as an e-commerce player rather than a daily-deals website.

Houston American Energy Corp. (HUSA) and Chief Executive Officer John F. Terwilliger face charges of misleading investors by exaggerating the company's oil reserves in Colombia, the Securities and Exchange Commission said Monday. The alleged actions occurred in late 2009 and early 2010, when the company raised about $13 million in a public offering.

Jamba Inc. (JMBA) said Monday systemwide same-store sales increased 2.5% for the second quarter, reflecting a strong response for its fresh-squeezed juice and whole-food blending platform.

LeapFrog Enterprises Inc. (LF) reported a disappointing fiscal first-quarter revenue and margins that were hurt by high inventory levels carried over from the 2013 holiday season.

Panera Bread Co. (PNRA) said Monday Executive Vice President and Chief Financial Officer Roger Matthews has resigned effective Aug. 6 to "pursue other interests," the company said.

Pioneer Natural Resources Co. (PXD) agreed to sell its Hugoton and Barnett Shale assets for about $495 million, part of its move to focus on its oil-related Spraberry/Woldcamp assets in the Permian Basin in West Texas.

RetailMeNot Inc.'s (SALE) second-quarter profit fell 16% as the online-coupon company reported a 49% rise in expenses that masked revenue growth.

Tenet Healthcare Corp.'s (THC) second-quarter loss narrowed amid improved admissions that received a boost from the U.S. health-care policy overhaul.

Vornado Realty Trust's (VNO) second-quarter earnings fell 39% as the company recorded another loss from its stake in Toys "R" Us Inc.

Write to Tom Rojas at tom.rojas@wsj.com and Maria Armental at maria.armental@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Cablevision System (NYSE:CVC)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Cablevision System Charts.
Cablevision System (NYSE:CVC)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Cablevision System Charts.