Among the companies with shares expected to actively trade in
Thursday's session are Green Mountain Coffee Roasters Inc. (GMCR),
Rackspace Hosting Inc. (RAX) and Monster Beverage Corp. (MNST).
Green Mountain Coffee's fiscal second-quarter earnings rose 42%
from stronger sales of its Keurig single-serve coffee packs and
lower green coffee costs boosted margins. Shares jumped 16% to
$69.25 after hours.
Rackspace reported another quarter of slowing revenue growth as
price cuts and weaker-than-expected demand hurt the data-center
operator's top line. Shares sank 17% to $43.59 after hours
Wednesday on the disappointing sales result, accelerating the
company's 30% year-to-date decline.
Monster Beverage's first-quarter earnings fell 17% as expenses
related to litigation and distributor changes hurt the energy-drink
maker's bottom line. Shares dropped 13% after hours Wednesday to
$49.81 as results fell short of analyst expectations.
Groupon Inc.'s (GRPN) first-quarter loss narrowed as the
daily-deals website posted stronger revenue and significantly cut
back on marketing costs, though margins continued to slide. Shares
jumped 11% after hours to $6.21 after the company beat revenue
expectations in the latest period.
Watchlist:
Activision Blizzard Inc. (ATVI) reported better-than-expected
first-quarter results but provided cautious guidance for the rest
of the year because of concerns about the next-generation videogame
consoles and a decline in the company's key "World of Warcraft"
fantasy game.
CenturyLink Inc.'s (CTL) first-quarter earnings rose 49% amid
lower costs as the telecommunications company reported that
continued access-line losses offset growth at its broadband and
Prism television businesses. Adjusted earnings beat expectations
and the company raised its 2013 earnings outlook.
Ctrip.com International Ltd.'s (CTRP) first-quarter profit slid
26% as the Chinese travel website saw expenses grow, offsetting
stronger revenue. But results sharply topped analysts' estimates
and its second-quarter revenue view topped consensus
projections.
Highfields Capital Management's founder Jonathon Jacobson
delivered a blistering attack on a real-estate investment trust
that focuses on housing data-centers, Digital Realty Trust Inc.
(DLR). Mr. Jacobson, who doesn't typically talk about short
positions, criticized the company's dividend payments and suggested
the stock could fall to as low as $19 from its close of $69.02 on
Wednesday.
News Corp.'s (NWS, NWSA, NWS.AU) profit nearly tripled in the
quarter ended March 31, boosted by one-time gains and better
results from its cable networks segment. Meanwhile, the publishing
unit, to be spun off as a separate company in coming months, posted
sharply lower operating income.
Polypore International Inc.'s (PPO) first-quarter earnings fell
52% as continued weak demand for lithium battery separators offset
sales growth in the company's other businesses.
Write to Debbie Cai at debbie.cai@dowjones.com
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