Among the companies with shares expected to actively trade in Tuesday's session are Exceed Co. (EDS), Dollar General Corp. (DG) and Starbucks Corp. (SBUX).
Exceed's first-quarter earnings rose 3.1% as the China-based apparel company saw footwear revenue jump, compensating for lighter accessory and apparel sales. But Exceed warned that macroeconomic headwinds in China contributed to softer consumer demand for sportswear products, forcing its distributors to adopt a more conservative approach to the second half of 2012. It said it expects to face "a challenging demand environment" for the rest of the year. Shares slumped 27% to $2.24 after hours.
Dollar General's fiscal first-quarter earnings rose 36% as the discount retailer reported double-digit sales growth across most of its merchandise categories. Shares, however, were down 3% at $47.06 in after-hours trading Monday as the company unveiled plans for certain shareholders to sell 25 million shares.
Starbucks said it will acquire Bay Bread LLC and its La Boulange Bakery brand from investment group Next World Group for $100 million in cash, a move aimed at expanding its food offerings. However, Starbucks's after-hours announcement wasn't what Green Mountain Coffee Roasters Inc. (GMCR) investors were hoping for. Investors were buying up shares of Green Mountain this afternoon in anticipation that Starbucks's announcement may be Green Mountain-related--more specifically, that Starbucks may very soon start selling K-cups in its cafes. Starbucks shares were off 1.8% to $52.91 after hours while Green Mountain shares slipped 2.3% to $22.94 after hours.
Cleveland BioLabs Inc. (CBLI) said its treatment for radiation sickness yielded strong survival results in a study of 179 nonhuman primates. Shares rose 6.3% to $2.20 after hours.
Opnext Inc.'s (OPXT) board has determined that a technology-focused private-equity firm's unsolicited offer to acquire the optical-components maker for $1.40 a share was not superior to Opnext's proposed merger with peer Oclaro Inc. (OCLR). Opnext shares were up 18% to $1.14 after hours while Oclaro shares were up 1.7% to $2.35.
Amazon.com Inc. (AMZN) acquired publication rights from Avalon Books for more than 3,000 of its books, mostly in the romance, mystery and western genres.
Central European Distribution Corp. (CEDC) said it plans to restate its financial results for all periods from the past two years due to accounting errors related to retroactive trade rebates at the company's main subsidiary in Russia.
Google Inc. (GOOG) agreed to buy privately held ad platform provider Meebo Inc. for an undisclosed sum, adding more developers to the Internet search giant's social-media team.
FedEx Corp. (FDX) said it will permanently retire some of its widebody jets and take an $84 million charge against net profits in its latest quarter as its reconfigures its fleet in the face of sluggish domestic demand and still-high fuel prices.
Nordson Corp. (NDSN) agreed to buy melt-delivery components firm Xaloy Superior Holdings Inc. for $200 million, marking its second major deal in recent weeks as the company looks to expand its offerings to the flexible packaging and plastic processing markets.
Shuffle Master Inc.'s (SHFL) fiscal second-quarter income improved 23% as revenue in its electronic gaming segment continued to boost the casino-games company's results.
Solera Holdings Inc. (SLH) said it approved a 25% increase to its quarterly dividend, as the auto-insurance software maker looked to support shareholder value with the increased payout.
-Edited By Nathalie Tadena. Write to Nathalie Tadena at firstname.lastname@example.org