Among the companies with shares expected to actively trade in
Friday's session are Advanced Micro Devices Inc. (AMD), Google Inc.
(GOOGL) and RealPage Inc. (RP).
AMD said its second-quarter loss narrowed on improved revenue
and lower costs. Shares dropped 17% premarket on a disappointing
forecast for the current quarter and after the chip maker said it
expects this quarter to be the company's peak for the game-console
business.
Capital One Financial Corp. (COF) reported better-than-expected
second-quarter results and posted growth in its domestic
credit-card business ahead of the schedule it had laid out for
investors. Shares edged up 1.5% to $83.76 premarket.
Google reported revenue jumped 22% in the second quarter,
excluding the Motorola Mobility business the search giant plans to
sell to China's Lenovo Group Ltd. (LNVGY). Shares rose 4% premarket
to $603.99.
Huntington Bancshares Inc.'s (HBAN) second-quarter profit rose
9% as the bank's loan portfolio grew thanks to higher commercial
and auto lending. Results beat expectations, pushing shares up 3.8%
to $9.65 premarket.
Interpublic Group Of Cos. (IPG) said its second-quarter earnings
and revenue rose as the advertising firm saw growth in key markets.
Interpublic said acquisitions boosted revenue, which topped views,
though there were moderate negative effects from foreign currency
translation. Shares edged up 2.3% to $19.47 premarket.
Johnson Controls Inc. (JCI) said its fiscal third-quarter
earnings slid 68% as restructuring and other charges offset a
modest increase in revenue. The results, however, were generally in
line with expectations. Shares fell 1.8% premarket to $49.
RealPage slashed its second-quarter guidance amid
lower-than-expected revenue related to leasing activity and a
significant decline in revenue from its renter's insurance
products. Shares dropped 23% to $16.40 premarket.
Skyworks Solutions Inc.'s (SWKS) fiscal third-quarter profit
rose 70% as the wireless-chip supplier posted stronger revenue and
margins. Shares climbed 9.4% to $50.70 premarket.
Watch List:
Amazon.com Inc. (AMZN) formally said it would offer an unlimited
reading and audiobook listening service for Kindle and non-Amazon
mobile devices. Amazon said it is offering a 30-day free trial for
the service, Kindle Unlimited, after which it will run for $9.99 a
month.
Bank of New York Mellon Corp. (BK) said its second-quarter
profit fell 33%, dragged down by a decline in its fee and other
revenue and hefty charges. However, the bank's adjusted per-share
earnings beat expectations.
Brunswick Corp. (BC) has agreed to sell its retail bowling
business to Bowlmor AMF Corp. (BAMF) for $270 million and said it
intends to sell its bowling products business by year's end.
Celanese Corp.'s (CE) second-quarter profit nearly doubled as
the technology and specialty materials company reported expanded
margins in core segments.
Cliffs Natural Resources Inc. (CLF) said it has reduced by two
its slate of directors to be elected at the company's annual
meeting, as the iron-ore producer attempts to keep hedge fund
Casablanca Capital LP from gaining a majority of the board.
The U.S. Department of Justice is suing energy company Entergy
Corp. (ETR) for failing to submit required proof of its affirmative
action programs.
General Electric Co. (GE) said it expects to raise $3.1 billion
in the sale of a 15% stake in Synchrony Financial as the
conglomerate begins marketing the initial public offering of its
North American consumer-finance arm. The company also reported a
13% increase in its second-quarter profit.
Office furniture company Herman Miller Inc. (MLHR) has agreed to
buy Design Within Reach Inc. (DWRI), a seller of furniture,
lighting and accessories that says it aims to "make authentic
modern design accessible."
Hewlett-Packard Co. (HPQ) gave Chief Executive Meg Whitman the
added title of chairman, two days after Ralph Whitworth said he was
stepping down to focus on his health.
Honeywell International Inc. (HON) said its second-quarter
earnings rose 7.6% as most of its segments posted sales growth. The
results topped the industrial conglomerate's expectations.
International Business Machines Corp. (IBM) said its
second-quarter earnings rose 28% helped by restructuring moves, but
the computing and tech giant reported its ninth consecutive quarter
of revenue declines.
Kansas City Southern's (KSU) earnings and revenue increased in
the second-quarter as it saw strong growth in its grain and
automotive shipments. The regional railroad operator said adjusted
profit grew from last year's level.
Laboratory Corp. of America Holdings (LH) said its
second-quarter earnings fell 7% as the medical testing services
provider recorded higher input costs that masked an increase in
revenue. The company again raised its earnings forecast for the
year as results beat expectations.
Rogers Corp. (ROG) lowered its fiscal second-quarter earnings
projections, citing increased expenses and a
higher-than-anticipated tax rate.
Schlumberger Ltd.'s (SLB) second-quarter revenue rose, driven by
the oil-field services company's higher activity offshore and in
key land markets.
Seagate Technology PLC (STX) shares fell in late trading after
the data-storage company posted a slight revenue decline for its
fiscal fourth quarter.
Stryker Corp.'s (SYK) second-quarter earnings edged up narrowly
as an increase in expenses masked a 7% rise in sales. The results
include charges for two recalls that had driven down earnings
sharply in the previous quarter.
Strong sales of outdoor and action sports apparel continued to
boost VF Corp.'s (VFC) bottom line, as the maker of North Face and
Wrangler apparel said second-quarter earnings climbed 14%.
Write to Maria Armental at maria.armental@wsj.com
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