Among the companies with shares expected to actively trade in
Thursday's session are Groupon Inc. (GRPN), Elizabeth Arden Inc.
(RDEN) and Fusion-io Inc. (FIO).
Groupon swung to a second-quarter loss as the daily deals
website's margins continued to weaken, though revenue improved. The
company also unveiled plans to repurchase $300 million in stock
over the next two years and named Eric Lefkofsky as its new chief
executive and Ted Leonsis as its chairman. Shares were up 24% at
$10.85 premarket.
Fusion-io's fiscal fourth-quarter loss widened as the
data-storage company logged an increase in operating expenses and
flat revenue. Revenue missed Fusion-io's own projections and the
company provided sales guidance for the new fiscal year and current
quarter below Wall Street estimates. Shares were down 21% at $11.80
premarket.
Elizabeth Arden swung to a fiscal fourth-quarter loss on
expenses related to the beauty-products company's namesake brand as
well as weaker-than-expected sales. Shares were down 9% at $36.65
premarket.
Luxury electric-car maker Tesla Motors Inc. (TSLA) reported a
loss for the second quarter, but exceeded Wall Street expectations
for production and gross margins. Shares were up 13.8% at $152.68
premarket.
DCT Industrial Trust Inc. (DCT), which has 293 million shares
outstanding, said it would offer 20 million shares. It intends to
use the proceeds for future acquisitions, repayment of debt and
general purposes. Shares were down 2.7% at $7.21 premarket.
Graphic Packaging Holding Co. (GPK), which has 348.3 million
shares outstanding, said existing shareholders are offering 15
million shares. Shares were down 4.6% at $8.31 premarket.
Green Mountain Coffee Roasters Inc.'s (GMCR) fiscal
third-quarter profit jumped 59% due to higher sales of its
single-serve coffee packs used in its Keurig brewers, though
top-line growth came in at the low end of the company's
expectations. Shares were down 4.1% at $76 premarket despite a
rosier full-year profit outlook.
Halcon Resources Corp. (HK), which has 370.4 million shares
outstanding, said it would offer 38 million common shares to help
repay a portion of its revolving credit facility. The company also
said Wednesday it intends to offer $300 million of senior unsecured
notes due 2022, also to help repay debt. Shares were down 9.7% at
$5.30 premarket.
Opexa Therapeutics Inc. (OPXA) said its boosted 12 million share
offering priced at a 49% discount to Wednesday's close. Shares were
down 50% at $1.46 premarket.
Silicon Graphics International Corp.'s (SGI) fiscal
fourth-quarter loss narrowed as the large-scale computing company's
margins improved and expenses decreased. However, the company
offered first-quarter guidance below analyst expectations. Shares
were down 14% at $17.12 premarket.
Smart Technologies Inc.'s (SMT, SMA.T) fiscal first-quarter
income surged as the maker of digital whiteboards was helped by
lower operating costs, masking a decline in revenue. Shares were up
43% at $2.50 premarket.
SolarCity Corp. (SCTY) reported a narrower second-quarter loss
as the solar-panel installer's lower input costs masked a decline
in revenue. Shares were down 7.1% at $39.50 premarket.
Trina Solar Ltd. (TSL, K3KD.SG) raised its estimate of
second-quarter solar-module shipments and said it will book a
charge for the ceased use of certain assets during the quarter.
Shares were up 4.1% at $6.87 premarket.
Tumi Holdings Inc. (TUMI) trimmed its full-year targets and the
travel-accessory maker reported second-quarter results that missed
Wall Street's expectations. Shares were down 14% at $21.85
premarket.
Transocean Ltd. (RIG) swung to a second-quarter profit as the
offshore driller was helped by increased revenue and fewer costs
related to the Deepwater Horizon oil spill. Shares were up 1% at
$48.98 premarket.
Windstream Corp.'s (WIN) second-quarter earnings fell 22% as
lower intrastate-access rates and an overall decline in
consumer-service revenue continued to weigh on the
rural-telecommunications company's bottom line. The company also
lowered its full-year revenue projection. Shares were down 4.3% at
$83.30 premarket.
Watch list:
AES Corp.'s (AES) second-quarter earnings rose 19% as lower
taxes and cost reductions helped offset weaker-than-expected
revenue. The power company's adjusted earnings exceeded
expectations.
Apollo Global Management LLC (APO) on Thursday said it swung to
a second-quarter profit, as the asset-management company's strong
carried interest income and management fees overshadowed a drop in
advisory fees.
Ameresco Inc. (AMRC) swung to a second-quarter loss as the
provider of energy-efficiency services posted a
sharper-than-expected revenue decline.
Beam Inc.'s (BEAM) second-quarter earnings fell 27% as
restructuring and other charges masked the spirits maker's revenue
growth. Adjusted earnings and revenue topped expectations.
Cato Corp. (CATO) said it expects fiscal second-quarter
per-share earnings to be at the high end of its original view, even
as the apparel retailer reported its same-store sales for July
missed analysts estimates.
Cooper Tire & Rubber Co.'s (CTB) second-quarter profit
dropped 31% as the tire company reported lower sales and higher
costs. Results missed expectations.
Fairway Group Holdings Corp.'s (FWM) fiscal first-quarter loss
widened sharply as the New York grocery store operator logged
higher expenses tied to its initial public offering. Revenue
climbed, but still fell short of analysts expectations.
Fifth & Pacific Cos.' (FNP) second-quarter loss narrowed as
the company reported stronger sales at Kate Spade that overshadowed
declines at Juicy Couture and Lucky Brand. However, results missed
Street estimates.
Hillshire Brands Co.'s (HSH) fiscal fourth-quarter earnings fell
sharply owing to impacts from the spinoff of its coffee and tea
business last year, while the company's sales also declined
modestly.
Lamar Advertising Co.'s (LAMR) second-quarter profit jumped 53%,
as revenue continued to climb and margins widened. Earnings were
slightly above expectations. However, the provider of digital
billboards, bus advertising and highway logo signs offered a
cautious view for the current quarter.
OGE Energy Corp.'s (OGE) second-quarter earnings fell 2.3% as
the company posted lower revenue and margins. The profit missed
analysts' expectations.
Royal Gold Inc.'s (RGLD) fiscal fourth-quarter earnings fell 48%
amid higher costs and expenses and as weaker gold prices
contributed to a revenue decline.
Scientific Games Corp.'s (SGMS) second-quarter loss widened as
acquisition-related costs masked the gambling-products maker's
improved revenue.
Scripps Networks Interactive Inc.'s (SNI) second-quarter
earnings rose 12% as advertising revenue continued to climb.
Scripps raised its revenue growth guidance for the year.
Write to Tess Stynes at tess.stynes@wsj.com
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