Among the companies with shares expected to trade actively in Wednesday's session are EMC Corp. (EMC), Coca-Cola Co. (KO) and U.S. Bancorp (USB).

 

EMC Corp., in the process of being taken private by Dell Inc., logged disappointing results in its latest quarter amid an excess of unfilled orders. Shares rose 2.74% to $26.25 in premarket trading.

 

Coca-Cola Co. on Tuesday said revenue and profit declined in its latest quarter as soda volume was flat amid weakness abroad. Shares fell 1.55% to $45.88 premarket.

 

U.S. Bancorp said profit in its latest quarter slipped as the lender set aside more reserves to cover potential energy loan losses and booked sharply lower mortgage-banking revenue amid heightened competition. Shares fell 0.02% to $41.90 premarket.

 

Dish Network Corp. (DISH) posted surprise profit growth in the first-quarter, even as revenue grew less than expected and subscribership declined. Shares rose 2.49% to $48.50 premarket.

 

St. Jude Medical Inc. (STJ) on Wednesday raised its profit forecast for 2016 and offered an upbeat view on the current quarter, as the company reported revenue and earnings that topped expectations. Shares rose 1.54% to $59.50 premarket.

 

Hansen Medical Inc. (HNSN) agreed to be acquired by Auris Surgical Robotics Inc. in a deal with an equity value of roughly $80 million.

 

Angie's List (ANGI) swung to an unexpected loss in the first quarter, hurt by higher spending as the company works to overhaul its business to a "freemium" model.

 

Barrett Business Services Inc. (BBSI) said that a forensic accounting probe concluded that some expenses were shifted between periods but there was no cumulative effect on pretax income, net income or earnings per share. The company had said in November that its workers compensation reserve for the June 2014 quarter was being reviewed.

 

Discover Financial Services (DFS) topped first-quarter expectations as the lender made good on its vow to accelerate loan growth.

 

Google Chief Executive Sundar Pichai made $100.5 million in total compensation in 2015, making him one of the world's highest-paid executives, while parent company Alphabet Inc. (GOOG) Executive Chairman Eric E. Schmidt's compensation dropped sharply to $8 million, according to a regulatory filing. Mr. Schmidt, who last year received $100.4 million in stock awards, didn't get any stock awards this year.

 

Global Payments Inc. (GPN), a processor of credit- and debit-card payments, will replace GameStop Corp. (GME) in the S&P 500 index after the close of trading Friday.

 

Intel Corp. (INTC) plans to cut its global workforce by up to 12,000, or 11%, as the semiconductor giant transitions away from its computer chips focus. Intel announced the job cuts Tuesday along with a planned move of its chief financial officer to a new role overseeing sales, manufacturing and operations and first-quarter results, which included a lackluster 7.2% increase in revenue.

 

Interactive Brokers Group Inc. (IBKR) on Tuesday reported better-than-expected results for its fiscal first quarter as the electronic broker benefited from an increase in commission and execution fees.

 

Intuitive Surgical Inc.'s (ISRG) fourth-quarter profit rose 41% amid increased use of its robotic-assisted systems for minimally invasive surgery.

 

Lexmark International Inc. (LXK) agreed to be sold to a group of buyers including China-based Apex Technology Co. and Asia-focused PAG Asia Capital for $2.54 billion.

 

Linear Technology Corp. (LLTC) on Tuesday reported lower profit and revenue in the March quarter amid a weak economic climate but said that it is seeing signs of improvement.

 

VMware Inc. (VMW) on Tuesday posted better-than-expected adjusted profit for its latest quarter and said it plans to buy back $1.2 billion of its stock by the end of this year.

 

Yahoo Inc. (YHOO) on Tuesday reported revenue in the March quarter dropped 18% to $859.4 million, excluding commissions paid to search partners, the first time that figure has fallen below $1 billion since Chief Executive Marissa Mayer took the reins nearly four years ago.

 

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

 

(END) Dow Jones Newswires

April 20, 2016 09:30 ET (13:30 GMT)

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