Among the companies with shares expected to trade actively in Wednesday's session are Peabody Energy Corp. (BTU), SunEdison Inc. (SUNE) and TerraForm Power (TERP).

 

Peabody Energy posted a going-concern notice in a regulatory filing, warning that it may have to seek chapter 11 bankruptcy if its efforts to negotiate with creditors fails. Shares fell 53% to $1.90 in premarket trading.

 

SunEdison on Wednesday said it is again delaying the filing of its annual report, citing in part the discovery of "material weaknesses in its internal controls over financial reporting." Shares fell 16% to $1.75 premarket.

 

TerraForm on Wednesday also said it would delay the filing of its annual report as its financial reporting and control processes rely significantly on SunEdison systems and personnel. Shares fell 12% to $9.25 premarket.

 

Industrial-product maker Actuant (ATU) widened its loss and posted a revenue decline in its latest quarter as the company cut its forecast and wrote down $169 million in asset impairments.

 

Abbott Laboratories (ABT) said Tuesday its Absorb dissolving heart stent received a positive review from a Food and Drug Administration panel, paving the way for potential approval in the U.S. The stent, made of biodegradable material, is already available in other countries.

 

Baxalta Inc. (BXLT), which develops drugs for blood and immune disorders and cancer, said former parent company Baxter International Inc. will reduce its Baxalta stake to about 5.1% from 13.8%.

 

Eastman Kodak Co. on Tuesday cuts its revenue projection for the year as it moves to sell its Prosper enterprise inkjet business and exit silver metal mesh development, focusing instead on developing touch sensors on copper mesh technology. Kodak said it would take an unspecified impairment charge in the March quarter tied to the silver metal mesh exit.

 

Fogo de Chão Inc. (FOGO) on Tuesday gave downbeat projections for the current year, even as fourth-quarter profit nearly doubled as the company benefited from an extra week.

 

Itron Inc. (ITRI) said a review of the timing of its recognition of software and related revenue requires additional time, resulting in the company missing an already extended deadline Tuesday to file its 2015 financial results with the Securities and Exchange Commission.

 

Oracle Corp. (ORCL) on Tuesday reported solid growth in its cloud computing businesses in the last quarter, even as it continued to wrestle with the effects of a strong U.S. dollar. The company also added $10 billion to its existing buy-back plan.

 

Pfizer Inc. (PFE) Chief Executive Ian Read's total compensation fell 23% in 2015, partly due to a decrease in stock awards, according to a regulatory filing. Mr. Read's 2015 pay package was valued at $18 million, including a base salary of $1.9 million, up from $1.8 million in 2014.

 

Write to Chris Wack at chris.wack@wsj.com and Maria Armental at maria.armental@wsj.com

 

(END) Dow Jones Newswires

March 16, 2016 09:32 ET (13:32 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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