Among the companies with shares expected to actively trade in
Friday's session are Xerox Corp. (XRX), Moody's Corp. (MCO) and
AbbVie Inc. (ABBV).
Xerox said its second-quarter earnings slipped as revenue from
the company's document-technology business continued to decline.
The company lifted the lower end of its adjusted per-share earnings
outlook range for the year by 2 cents. Shares dropped 1.9% to
$12.60 in premarket trading.
Moody's said its second-quarter profit and revenue surged,
beating analysts' expectations. The company also raised its
full-year revenue guidance. Shares rose 1.6% to $94 premarket.
AbbVie said its second-quarter earnings rose as strong global
sales of its rheumatoid-arthritis drug Humira continued to boost
results. Shares were up 1% to $54.65 premarket.
Tyco International Ltd. (TYC) said its fiscal third-quarter
profit surged as revenue grew and the company said it benefited
from acquisitions. Shares edged up 0.4% to $45 premarket.
Stanley Black & Decker Inc. (SWK) said its second-quarter
profit rose 16%, as the company slightly increased sales while
trimming costs. The company increased its full-year outlook for
adjusted earnings per share. Shares gained 1.4% to $86.21
premarket.
American Electric Power (AEP) said its second-quarter profit
rose 15% as revenue increased on rate-base growth and rising sales
in its transmission business. Shares rose slightly to $54.23
premarket.
LifePoint Hospitals Inc. (LPNT) said its second-quarter earnings
jumped, leading the rural hospital operator to boost its outlook
for the year amid benefits from the health-care reform law. Shares
were inactive premarket.
LyondellBasel Industries NV (LYB) said its second-quarter
earnings surged to a record level as revenue jumped 9.1%. Shares
gained 3% to $105.46 premarket.
Lear Corp. (LEA) said its second-quarter profit rose 8% on sales
growth in most of its geographies. The company boosted its
full-year outlook for sales and operating earnings. Shares
increased 3.4% to $99.05 premarket.
Magellan Health Inc. (MGLN) said its second-quarter profit
dropped as growth in costs and expenses offset an increase in
revenue. The company reaffirmed its full-year outlook. Shares were
inactive premarket.
Watchlist:
Amazon.com Inc. (AMZN) posted a massive sales bump but again
failed to turn a profit, even as it has hinted at a growing resolve
to boost margins.
Baidu Inc.'s (BIDU) second-quarter profit rose sharply, as the
Chinese search engine reported mobile revenue reached 30% of
overall revenue.
Cerner Corp.'s (CERN) second-quarter earnings rose 14% on
quarterly gains in both bookings and revenue.
Chubb Corp. (CB) posted a 14% decline in second-quarter earnings
as the insurance company said results were hurt by weather-related
losses in the U.S. and a high level of homeowner and commercial
fire losses.
Deckers Outdoor Corp. (DECK) reported record sales in its first
fiscal quarter, driven by double-digit growth across all major
brands.
Flextronics International Ltd.'s (FLEX) first-quarter profit
surged as the company reported higher sales across its four
business groups, beating its projections.
Gentiva Health Services Inc. (GTIV) has signed a nondisclosure
agreement with an unidentified bidder who has offered to buy it and
said it may do the same with Kindred Healthcare Inc. (KND), if
Kindred ends its partial tender offer for the company.
HomeAway Inc. (AWAY) second-quarter revenue results beat
expectations and the vacation-home rental website operator raised
its revenue projection for the current quarter and full year.
Lattice Semiconductor Corp. (LSCC) projected third-quarter
revenue below analysts' expectations, which sent the chip maker's
shares down despite turning in better-than-expected second-quarter
results.
LogMeIn Inc. (LOGM) swung to a profit in the second quarter and
the Hungarian startup, now based in Boston, offered fiscal
projections for the year and current quarter that beat Wall Street
projections.
Pandora Media Inc.'s (P) second-quarter loss widened as higher
costs offset the Internet radio provider's continued revenue
growth.
Principal Financial Group Inc.'s (PFG) second-quarter earnings
rose 36% on stronger revenue and as the company posted net realized
capital gains.
Republic Services Inc.'s (RSG) second-quarter earnings,
excluding items, rose 16% as the waste-management and recycling
company said revenue rose 5%.
Riverbed Technology Inc. (RVBD) swung to a second-quarter
profit, largely due to revenue growth in its Asia-Pacific business
and stronger margins.
Starbucks Corp.'s (SBUX) quarterly earnings rose 23% on stronger
sales across its regions, along with improved transaction volumes
and higher tickets.
Tempur Sealy International Inc.'s (TPX) second-quarter loss
widened largely on costs associated to the disposal of three
innerspring component facilities in the U.S. and its Sealy Corp.
acquisition even as its Tempur North America business returned to
growth.
Universal Health Services Inc.'s (UHS) second-quarter profit
fell slightly, as operating charges offset a 10% increase in
revenue.
Visa Inc.'s (V) fiscal third-quarter earnings rose 11%, helped
by what it called "strong" global payments volume and processed
transactions.
Write to Tom Rojas at tom.rojas@wsj.com and Maria Armental at
maria.armental@wsj.com
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