Among the companies with shares expected to trade actively in Tuesday's session are Valeant Pharmaceuticals International Inc. (VRX), Monster Worldwide Inc. (MWW) and Coach Inc. (COH).

 

Valeant Pharmaceuticals International Inc. posted a wider loss in its latest quarter, and the company said it would reorganize, continuing a push to remake itself as a conventional pharmaceutical firm. It also affirmed its yearly guidance, easing fears of triggering a debt-covenant breach. Shares rose 5.75% to $23.74 in premarket trading.

 

Dutch recruitment firm Randstad Holding NV said Tuesday it plans to buy job-search website operator Monster Worldwide Inc. for $429 million, as it continues to expands its services. Monster Worldwide shares rose 22.38% to $3.39 premarket.

 

Handbag maker Coach Inc. said sales at existing North American stores rose at the best clip in four years during its latest quarter, evidence that it is benefiting from its turnaround efforts. Still, shares fell 2.9% to $40.25 premarket trading as total sales fell short of expectations.

 

Online home-goods retailer Wayfair Inc. (W) posted a wider-than-expected loss for its most-recent quarter as a 69% rise in expenses outpaced the 60% increase in sales. Shares fell 13.99% to $41.50 premarket.

 

Norwegian Cruise Line Holdings Ltd. cut its 2016 guidance and gave a disappointing outlook for the current quarter as demand from North American customers for its European cruises remained soft. Shares fell 8.26% to $39.41 premarket.

 

Delta Air Lines Inc. (DAL) Tuesday said it would cancel 250 more flights as a knock-on effect from a computer outage that caused havoc to the airline's operations the day before.

 

Endo International PLC's (ENDP) revenue rose 25% in the second quarter, boosted by a recent acquisition.

 

Gap Inc. (GPS) said comparable sales fell a steeper-than-expected 4% in July on declines at its Banana Republic and namesake brands.

 

Hertz Global Holdings Inc. (HTZ) swung to a loss in the June quarter as it reported its fourth straight revenue decline, driven by continued weakness in its car-rental business.

 

ICU Medical Inc. (ICUI) on Monday raised its projections for the year as the medical-products company reported stronger-than-expected results for the second quarter.

 

International Flavors & Fragrances Inc. (IFF) on Monday reported a higher profit for its June quarter, breaking a string of declines. The results beat projections.

 

Online lender LendingClub Corp. (LC) on Monday reported second-quarter loss widened, driven by an impairment charge related to its 2014 Springstone Financial acquisition, and said its finance chief resigned last week to pursue a new opportunity. The management shift comes three months after the company ousted its founder and chief executive.

 

Crane-maker Manitowoc Co. (MTW) on Monday projected a 10% to 12% revenue decline for the year, compared with its earlier guidance of revenue being approximately flat, after reporting a 4% revenue decline in the second quarter, missing estimates. The company said it will relocate crawler-crane manufacturing operations from Manitowoc, Wis., to Shady Grove, Pa., seeking to cut costs.

 

News Corp (NWSA) swung to a profit in the June quarter, helped by a legal settlement. Book and digital real estate units posted higher revenue, while newspaper advertising revenue remained weak.

 

Rackspace Hosting Inc.'s (RAX) second-quarter profit rose 26%, though the cloud-computing company released dour revenue guidance for the current quarter and lowered annual expectations. The quarterly update follows The Wall Street Journal's report last week that Rackspace is nearing a sale to a private-equity firm. The company didn't address the report in its earnings news release.

 

Chinese internet company Sina Corp. (SINA) on Monday raised its revenue projection for the year following stronger-than-expected second-quarter results, bolstered by continued strength at microblog portal Weibo Corp. (WB)

 

Twilio Inc.(TWLO), in its first earnings report as a public company, said second-quarter revenue rose 70% as the number of active customer accounts rose sharply.

 

United Continental Holdings Inc. (UAL) on Monday said traffic rose in July, boosted by a rise in international travel.

 

WebMD Health Corp.'s (WBMD) second-quarter profit rose 33%, but the online health-information company posted lower traffic.

 

Wells Fargo & Co. agreed to buy Analytic Investors LLC, in a deal that would add $15 billion of assets under management to its asset-management business. Financial terms weren't disclosed. The deal is expected to close by October.

 

Williams Cos. (WMB) and Williams Partners LP (WPZ) agreed to sell their Canadian operations to Inter Pipeline Ltd. for a total of 1.35 billion Canadian dollars (US$1.03 billion).

 

Write to Chris Wack at chris.wack@wsj.com and Maria Armental at maria.armental@wsj.com

 

(END) Dow Jones Newswires

August 09, 2016 09:34 ET (13:34 GMT)

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