Among the companies whose shares are expected to actively trade in Wednesday's session are Acme Packet Inc. (APKT), Ventas Inc. (VTR) and TiVo Inc. (TIVO).
Acme Packet cut its full-year guidance Tuesday, citing weakness in its North American service provider business during the fourth quarter. Shares of the networking company fell 20% to $25.40 in recent premarket trading.
Ventas said one of its top stockholders planned sell approximately 21.1 million shares of the company's common stock, representing about a 7.3% stake in the health-care real-estate investment trust. Shares fell 3.5% to $53.63 in recent premarket trading.
TiVo on Tuesday said it reached a settlement with AT&T Inc. (T) that gives the set-top box maker at least $215 million for its technology. TiVo's shares climbed 12% to $10.01 in light premarket trading.
Dunkin' Brands Group Inc.'s (DNKN) shares rose 1.5% to $25.11 premarket after the company said it plans to more than double the number of its restaurants in the U.S. over the next 20 years.
Sterne Agee says Mattel Inc. (MAT) looks to have outperformed Hasbro Inc. (HAS) in the holiday toy wars despite average prices rising 8.4% compared to Hasbro's 2.8% average decline. "Mattel experienced lower in-stock levels at the five retailers that we tracked throughout the season," coming as there was no must-have toy this year, the firm says. For Mattel, Sterne Agee notes the Fijit interactive toy and the Monster High collection were standouts. It adds, "An aggressive Hasbro clearance promotion at Toys 'R' Us after Christmas suggests that Mattel performed better this year." Mattel edged up 0.9% to $28 premarket.
Eastman Kodak Co.'s (EK) shares slipped 2.2% to 64 cents premarket after saying it received a notice from the New York Stock Exchange warning that the photography icon is out of compliance with listing requirements, sending shares lower. Through Tuesday's close, Kodak's shares have fallen 88% in the past year and last closed above $1 in early December.
Cabot Oil & Gas Corp. (COG) declared a two-for-one stock split and raised its dividend 33% on a pre-split basis, adding the natural gas producer to the growing list of companies seeking to deliver a greater return to investors. Shares rose 3.3% to $79.30 in recent premarket trading.
Church & Dwight Co. (CHD) said it is exploring strategic options for its Brazilian specialty chemical operations as financial prospects for the business appear limited. Shares dropped 1.1% to $44.90 in light premarket trading.
HollyFrontier Corp.'s (HFC) board authorized a $350 million share repurchase program, the latest shareholder friendly move in recent months by the refiner. Shares gained 3% to $26 in light premarket trading.
Achillion Pharmaceuticals Inc. (ACHN) said it had received fast track designation from the U.S. Food and Drug Administration for ACH-1625 for the treatment of chronic hepatitis C virus (HCV). Shares gained 3.3% to $7.88 in premarket trading.
Progress Software Corp.'s (PRGS) fiscal fourth-quarter earnings fell 45% as the business-software maker again reported a decline in software-licenses revenue. Shares slid 5.3% to $18.75 premarket as the company forecast first-quarter earnings below analyst estimates.
Arena Pharmaceuticals Inc. (ARNA) said its lorcaserin antiobesity drug was back on track with U.S. Food and Drug Administration, as the company submitted its response to worries the agency cited in rejecting the treatment last year. Shares rose 4.7% to $2.01 in recent premarket trading.
Landec Corp.'s (LNDC) fiscal second-quarter profit rose 63%, stronger than expected, as the packaging company's Apio food-products business benefited from higher volume. Shares climbed 3.4% to $6.10 in light premarket trading.
The Securities and Exchange Commission sued Life Partners Holdings Inc. (LPHI) and three top executives, alleging a years-long disclosure and accounting fraud that involved misleading financial statements and backdated documents shown to auditors, The Wall Street Journal reported Tuesday. Shares slumped 35% to $4.11 premarket.
BioMimetic Therapeutics Inc. (BMTI) said the Food and Drug Administration has said its proposed bone-graft device Augment wouldn't be approved without more information from previous studies. The company said it planned to submit the necessary information by the middle of the year. Shares dropped 14% to $2.50 premarket.
LCA-Vision Inc. (LCAV) performed 30% more laser-vision correction services in the fourth quarter than a year earlier, marking only the second year-over-year quarterly increase in the eye procedures since the third quarter of 2007. Shares jumped 8.1% to $3.33 in light premarket volume.
Trident Microsystems Inc.'s (TRID) shares plummeted 42% to 12 cents after the company filed for Chapter 11 bankruptcy protection in Delaware and said Entropic Communications Inc. (ENTR) made a $55 million bid to acquire a portion of its set-top box business.
Ascent Solar Technologies Inc. (ASTI) said TFG Radiant Investment Group Ltd. agreed to buy just about all of Norsk Hydro ASA's (NHYDY) ownership in the solar panel developer for about $4 million, strengthening the partnership between the two companies.
Ballantyne Strong Inc. (BTN), which supplies cinema equipment and services to theater chains, theme parks and other customers, plans to sell its analog projector facility and manufacturing equipment in a bid to refocus on its digital equipment distribution business.
Chesapeake Energy Corp. (CHK) reported it slashed long-term debt by just over $2 billion over the past year and added it fully expects to meet its two-year debt-reduction goals by the end of this year, regardless of natural gas prices.
CME Group Inc.'s (CME) December daily exchange trading volume declined from both a year earlier and the prior month on a sizable decline in trading volume for interest-rate futures.
Commercial Metals Co.'s (CMC) board urged stockholders to vote against billionaire Carl Icahn's nominees to the company's board as it again recommended stockholders reject Icahn's unsolicited tender offer.
DDi Corp. (DDIC) said it will pay $7.5 million to purchase a California building it expects to become the new location for its corporate headquarters later this year.
Enterprise Products Partners L.P. (EPD) and Genesis Energy L.P. (GEL) plan to build a crude oil gathering pipeline in the deepwater Gulf of Mexico for a consortium of six producers.
Headwaters Inc. (HW) sold its 51% stake in a North Dakota ethanol biorefinery to Great River Energy for $18.5 million in cash as the building-products company continues to streamline its business.
Liz Claiborne Inc. (LIZ) will rebrand itself as Fifth & Pacific Cos. as it moves past the iconic brand and focuses on Juicy Couture, kate spade and Lucky Brand.
National Instruments Corp. (NATI) said it expects its fourth-quarter revenue will miss the company's expectations, citing a slowdown in revenue growth in Europe.
Team Inc.'s (TISI) fiscal second-quarter earnings rose 28% as the industrial-services company reported double-digit revenue growth across its major geographic markets. The company also raised its per-share earnings estimate and its revenue view.
Teva Pharmaceutical Industries Ltd. (TEVA, TEVA.TV), the world's largest generic-drug maker, is restarting generic animal-vaccine production at a Missouri plant, after work was shut down there in 2009, according to a market information provider.
-Edited by Ian Thomson and Maya Pope-Chappell; write to firstname.lastname@example.org and email@example.com