Among the companies with shares expected to trade actively in Friday's session are Exco Resources Inc. (XCO), Ford Motor Co. (F) and Tiffany & Co. (TIF).

Exco Resources Inc. said Friday that its board formed a special committee to explore strategic alternatives, including in-court restructuring, as it assess the company's operating and financial situation. Shares fell 29% to $1.25 in premarket trading.

Ford's new-vehicle sales in Europe rose 4.7% in April, though the Detroit auto maker's market share there edged lower. Shares fell 0.3% to $13.31 premarket.

Manchester United Ltd. (MANU) swung to a profit in its latest fiscal quarter as revenue soared, helped by play in Union of European Football Associations competitions. Shares fell 0.1% to $16.90 premarket.

Tiffany Chief Financial Officer Ralph Nicoletti told the jeweler he intends to resign from the post this month to accept a "similar position at another company," according to a regulatory filing Friday. Shares fell 2.06% to $65.00 premarket.

Advanced Micro Devices Inc. (AMD) said Bruce Claflin will step down as chairman and named board member John Caldwell to replace him. Mr. Claflin, a former chief executive of 3Com, became chairman of the semiconductor company in 2009 and will remain on the board.

Online marketplace Etsy Inc. (ETSY) named Linda Kozlowski as its chief operating officer as it bolsters its top ranks for further expansion.

Home builder KB Home (KBH) is pulling out of the Washington, D.C., area to focus on its larger markets. Washington accounts for about 2% of its community count, the number of developments with at least five homes or lots unsold.

Progressive Corp. (PGR) said Thursday Chief Executive Glenn Renwick intends to retire in July, after more than 15 years at the helm of the auto and home insurer.

Shake Shack Inc. (SHAK) on Thursday raised its financial projections for the year as it swung to a better-than-expected profit for its first quarter, driven by strong sales.

Symantec Corp. (SYMC), the maker of antivirus software, said it would cut about 10% of its workforce and close some facilities under a restructuring plan that would result in a charge of up to $280 million.

Nordstrom Inc. (JWN) on Thursday cut its financial projections for the year, saying it needed bigger discounts to clear inventory following worst-than-expected results for the first-quarter.

Nvidia Corp.'s (NVDA) first-quarter profit rose 46% as the chip maker saw strong growth in gaming products as well as newer sectors such as automotive "infotainment."

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

(END) Dow Jones Newswires

May 13, 2016 09:28 ET (13:28 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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