Among the companies with shares expected to actively trade in
Thursday's session are Expedia Inc. (EXPE), Weight Watchers
International Inc. (WTW), Visa Inc. (V) and Alco Stores Inc.
(ALCS).
Expedia's third-quarter earnings fell slightly thanks in part to
a higher tax bill, but higher bookings helped boost revenue. Shares
of Expedia jumped 18% to $59.20 after hours as revenue beat
expectations.
Weight Watchers' third-quarter earnings fell 11% as the
company's weight-loss meeting attendance and revenue continued to
decline. Shares were down 15% at $33.84 in recent after-hours
trading as the company's board suspended the quarterly
dividend.
Visa's fiscal fourth-quarter profit slid 28% as a jump in the
number of payments processed by the company was overshadowed by a
prior-year gain related to tax reserves. Adjusted profit for the
period matched Wall Street's expectations, though overall revenue
growth was lower than expected. Shares fell 3% to $197.75 after
hours.
Alco Stores said shareholders had rejected the company's
acquisition by private investment firm Argonne Capital Group.
Shares of Alco were down 5.4% at $13.20 in after-hours trading.
Hanesbrands Inc.'s (HBI) third-quarter earnings rose 14% as the
apparel maker benefited from stronger margins, though currency
fluctuations weighed on revenue. The company raised its estimates
for the year, sending shares up 3.5% to $66 in after-hours
trading.
Glu Mobile Inc.'s (GLUU) third-quarter loss widened as the
mobile-game maker reported a double-digit decline in revenue and
weaker gross margins. Shares dropped 13% to $3.31 in after-hours
trading.
Watch List:
Allstate Corp.'s (ALL) third-quarter earnings fell 57% as the
insurer posted a loss related to the divestiture of Lincoln Benefit
Life Co., though the company's operating earnings improved.
Avis Budget Group Inc.'s (CAR) third-quarter profit dropped 58%
as the car-rental company's prior-year results were bolstered by an
income tax benefit, masking a jump in revenue on strong growth in
North America and abroad.
Bank of America Corp. (BAC) said a U.S. attorney plans to
recommend the Department of Justice file a civil lawsuit against
the bank over soured mortgage-backed securities, according to a
regulatory filing.
Bankrate Inc. (RATE) reported it swung to a third-quarter loss
on a debt-related loss and slightly weaker margins, though the
financial-information provider's revenue grew.
Elizabeth Arden Inc.'s (RDEN) fiscal first-quarter profit fell
22% as the beauty-products company recorded a slight drop in sales
and higher expenses.
Equity Residential's (EQR) third-quarter earnings climbed 72% as
the apartment landlord recorded a jump in revenue and higher gains
from property sales.
Facebook Inc.'s (FB) revival continued as its surging
mobile-advertising business helped the social network post a
third-quarter profit, making its bumpy initial public offering last
year seem like a distant memory.
IntercontinentalExchange Inc. (ICE) pushed back the date it
intends to close on the company's acquisition of NYSE Euronext
(NYX), as the exchange operator moved to provide European
regulators more time to sign off on the deal.
Kraft Foods Group Inc.'s (KRFT) third-quarter net grew 7.3% as
the foods company recorded gains tied to post-employment benefit
plans, offsetting falling revenue due to weaker demand for
beverages as well as its meals and desserts segments.
Lincoln National Corp.'s (LNC) third-quarter profit fell 21% as
$43 million in realized losses hurt the bottom line, which would
have risen on an adjusted basis as operating revenue grew.
Marriott International Inc.'s (MAR) third-quarter profit rose
12% as the company posted growth in revenue per available room and
higher world-wide occupancy rates.
MetLife Inc. (MET) swung to a third-quarter profit, aided by a
favorable comparison to the year-ago period that included an
impairment charge.
Molina Healthcare Inc.'s (MOH) third-quarter profit more than
doubled as the health-care company reported a jump in enrollment
and higher medical margins.
Murphy Oil Corp.'s (MUR) third-quarter earnings grew 26% as the
company reported a sharp jump in oil production, as well as higher
prices for oil and North America gas.
Pilgrim's Pride Corp.'s (PPC) third-quarter profit nearly
quadrupled thanks in large part to a reduction in costs that aided
a surge in margins.
Starbucks Corp.'s (SBUX) fiscal fourth-quarter earnings rose 34%
as the coffee company recorded a double-digit increase in sales.
The company also boosted its dividend by 24%.
SunPower Corp. (SPWR) swung to a third-quarter profit as the
solar panel maker reported higher revenue in many markets abroad
while also recording a $52 million gain tied to a contract that was
terminated.
Williams Cos.' (WMB) third-quarter earnings fell 7.1% and
affiliate Williams Partners LP's (WPZ) third-quarter earnings
dropped 3.8% on lower olefin margins that resulted from lost
production at Williams Partners' Geismar olefins plant.
Write to John Kell at john.kell@wsj.com
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