Among the companies with shares expected to actively trade in
Friday's session are Tekmira Pharmaceuticals Corp. (TKMR),
McDonald's Corp. (MCD) and Zynga Inc. (ZNGA).
Canadian drug developer Tekmira Pharmaceuticals said the U.S.
Food and Drug Administration verbally confirmed it would open the
door to using the company's experimental Ebola treatment in people
infected with the virus. Shares climbed 18% to $16.84
premarket.
McDonald's said its global sales fell 2.5% in July as the
world's largest restaurant company felt the impact of food-quality
issues with a supplier in China, as well as continued struggles in
the U.S. Shares edged down 0.6% to $92.77 premarket.
San Francisco-based videogame maker Zynga reported a much wider
second-quarter loss on revenue that slid by a third. Zynga also
said it is delaying several game titles and lowered its financial
outlook for the year. Shares dropped 8.2% to $2.68 premarket.
Hibbett Sports Inc. (HIBB) projected fiscal second-quarter
results below expectations and cut its guidance for the fiscal
year. Shares fell 11% to $44.50 premarket.
Medifast Inc. (MED) said second-quarter profit fell 20% as
revenue dropped 17%. Revenue missed the company's own estimates and
the company lowered the top end its earnings guidance and cut its
revenue outlook. Shares fell 6.7% to $27.07 premarket.
Nvidia Corp.'s (NVDA) second-quarter profit rose 33% as the chip
maker posted strong gains in gaming, data-center and cloud, and
mobile operations. Shares rose 4.1% to $18.17 premarket.
Post Holdings Inc. (POST) agreed to acquire American Blanching
Co. for $128 million, in a move that expands Post's peanut-butter
operations. St. Louis-based Post also reported that it swung to a
fiscal third-quarter loss on charges and expenses related to its
recent string of acquisitions. The adjusted loss disappointed
analysts, who had been expecting a profit. Shares tumbled 17% to
$37.16 premarket.
SolarCity Corp.'s (SCTY) loss more than doubled in the second
quarter, as expenses surged, masking an increase in revenue. The
company more than doubled its customer base in the latest quarter
compared to the year-earlier period. Shares rose 2.1% to $77.20
premarket.
Arista Networks Inc. (ANET) and VMware Inc. (VMW) announced a
strategic relationship to advance the adoption of network
virtualization. Arista shares climbed 10% to $79.70 premarket.
Watchlist:
CareFusion Corp.'s (CFN) fiscal fourth-quarter earnings rose
28%, and the medical-equipment company issued fiscal 2015 guidance
above Wall Street estimates.
CBS Corp. (CBS) said its second-quarter earnings fell 7% as the
television broadcaster was hurt by weaker advertising revenue and
lower television licensing revenue.
Computer Sciences Corp. (CSC) said its profit fell in the fiscal
first quarter and warned of continued uncertainty over federal
spending.
Consolidated Edison Inc.'s (ED) second-quarter profit jumped 23%
as the company recorded a gain on the sale of solar energy
projects.
E.W. Scripps Co. (SSP) swung to a second-quarter loss on
acquisition integration and other costs, though revenue edged
higher on improved political advertising and retransmission
revenue.
Fairway Group Holdings Inc.'s (FWM) fiscal first-quarter loss
narrowed on higher sales and lower costs, despite weaker same-store
sales.
FXCM Inc. (FXCM) swung to a second-quarter loss as the foreign
exchange brokerage continued to struggle with low trading
volume.
Lions Gate Entertainment Corp. (LGF) said its fiscal
first-quarter revenue dropped a bigger-than-expected 21% as the
film company had one fewer theatrical release in the period.
News Corp. (NWSA) reported slightly lower-than-expected earnings
for its fiscal fourth quarter, as weaker profit in the news and
information segment offset sharply higher earnings from book
publishing and the company's Australian digital real-estate
unit.
Write to Anna Prior at anna.prior@wsj.com and Maria Armental at
maria.armental@wsj.com.
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