Among the companies whose shares are expected to actively trade
in Friday's session are Starbucks Corp. (SBUX), Riverbed Technology
Inc. (RVBD) and Juniper Networks Inc. (JNPR).
Starbucks's fiscal first-quarter earnings rose 10% to a record
high on solid comparable sales gains in its Americas stronghold, as
well as robust growth in its smaller Asian operations and the
burgeoning consumer products segment. Shares in the coffee giant
were down 2.1% at $47.31 after hours as the company's guidance
boost was more conservative than expected.
Riverbed's fourth-quarter earnings rose 60% as revenue jumped
across each of its regions, though margins slipped. Shares declined
14% to $25.80 in recent after-hours trading.
Juniper Networks Inc.'s (JNPR) fourth-quarter profit fell 49% as
the network-gear maker's router sales continued to weaken. Shares
dropped 8.1% to $20.56 in recent after hours trading as the company
forecast a grim first-quarter adjusted profit that missed analysts'
expectations.
Chubb Corp.'s (CB) fourth-quarter earnings fell 27% on higher
losses and loss expenses, as the property-and-casualty insurer's
core profit also dropped despite more written premium growth.
Separately Thursday, Chubb said its board authorized a new share
buyback program of up to $1.2 billion in shares. Shares were down
1.9% to $69 after hours.
DeVry Inc. (DV) fiscal second-quarter earnings plunged 90% on a
write-down at its health-care college and another revenue decline.
Shares in the for-profit educator were down 8.7% at $36.25 after
hours as earnings and revenue both fell more than expected.
Robert Half International Inc.'s (RHI) fourth-quarter profit
rose 72% as the company said it saw strong demand for staffing in
the technology and accounting sectors. Shares fell 3.9% to $28.60
after hours.
Freescale Semiconductor Holdings I Ltd.'s (FSL) fourth-quarter
loss narrowed sharply even as its top line shrank on weaker sales.
Core earnings, meanwhile, notched a slightly weaker-than-expected
improvement driven by stronger margins. Shares were down 4.4% at
$15 after hours.
KLA-Tencor Corp.'s (KLAC) fiscal second-quarter earnings fell
40% amid lower-than-expected revenue and weaker margins. Shares
gained 3.8% to $20.55 after hours.
Seagate Technology PLC (STX) added $1 billion to its stock
buyback plan and raised its quarterly dividend by 39%, joining a
long list of companies putting their cash holdings to work and
returning value to shareholders. Shares were up 3.8% to $20.55 in
recent after-hours trading.
Amgen Inc.'s (AMGN) fourth-quarter earnings fell 8.6% on tax
impacts and charges as the biopharmaceutical company reported
stronger revenue and margins. The company gave full-year guidance
mostly in line with expectations. The shares were up 1% at $68.75
in recent after-hours trading.
J.B. Hunt Transport Services Inc.'s (JBHT) fourth-quarter
earnings rose 25% as the trucking company again reported revenue
gains across its segments, led by its intermodal unit. Shares were
off 1.3% at $48.64 after hours.
Cepheid (CPHD) swung to a fourth-quarter loss as a one-time
patent-expiration charge masked a higher core profit lifted by
rising clinical sales. Shares in the maker of biological testing
systems jumped 21% to $41.50 after hours Thursday on
stronger-than-expected results and upbeat guidance.
Informatica Corp.'s (INFA) fourth-quarter earnings rose 22% on
higher sales, but the company predicted full-year profit below
expectations because of an expected loss of a tax benefit. Shares
fell 6.7% to $40.83 after hours.
Emulex Corp. (ELX) swung to a fiscal second-quarter profit
following a year-earlier write-down, while sales of its
data-storage products surged. Shares rose 5.9% to $9.82 after hours
as the company also predicted an optimistic adjusted third-quarter
profit.
Delek US Holdings Inc. (DK) predicted it would report a loss in
the fourth quarter because of high oil costs and a decline in
asphalt prices. Shares in the oil refiner and retailer were down 6%
at $12 after hours.
Watch List
Cliffs Natural Resources Inc. (CLF) predicted 2011 per-ton
revenue in its biggest segment would be at the low end of its
target range, with volumes and average revenue coming in below or
at the low ends of outlooks in other segments as well.
Eastman Chemical Co.'s (EMN) fourth-quarter earnings soared as
the company reported broad revenue growth, led by its performance
chemicals and intermediates segment, and as charges weighed on
year-ago results.
Micron Technology Inc. (MU) said President and Chief Operating
Officer D. Mark Durcan will be retiring at the end of August and
Mark W. Adams, vice president of worldwide sales, will succeed
him.
Hancock Holding Co.'s (HBHC) fourth-quarter earnings rose 11%,
and the regional lender's core earnings jumped on takeover-boosted
interest income.
Leap Wireless International Inc. (LEAP) said its Chief Financial
Officer Walter Z. Berger will leave the company for another job in
the technology sector shortly after the company reports its
full-year results.
Motorola Mobility Holdings Inc. (MMI) swung to the red in the
fourth quarter as costs tied to its pending acquisition by Google
Inc. (GOOG) offset higher revenue from handsets.
Nstar's (NST) fourth-quarter profit rose 16% as the higher
retransmission revenue offset the effect of lower gas sales.
Republic Airways Holdings Inc. (RJET) on Thursday named David
Siegel as chief executive, president and interim chief operating
officer of its Frontier Airlines unit as it prepares to dispose of
the loss-making Frontier business.
Ryland Group Inc. (RYL) swung to a modest profit in the fourth
quarter--its second quarter in the black in recent years--as an
increase in closings and average prices boosted revenue.
ScanSource Inc.'s (SCSC) fiscal second-quarter earnings slipped
1.2% as expenses increased and as proceeds from a legal settlement
boosted year-ago results.
Timken Co.'s (TKR) fourth-quarter profit rose a
stronger-than-expected 21% as the parts maker's industrial supply
business reported stronger sales.
Werner Enterprises Inc.'s (WERN) fourth-quarter earnings rose
22% as the trucking company said it saw stronger freight demand
from a year earlier.
-Edited by Maya Pope-Chappell and Ian Thomson; write to
maya.pope-chappell@dowjones.com and ian.thomson@dowjones.com