Among the companies whose shares are expected to actively trade
in Wednesday's session are Express Scripts Inc. (ESRX) and Cheniere
Energy Inc. (LNG).
Pharmacy-benefits company Express Scripts Inc. (ESRX) said in a
regulatory filing that it's locked in a contract dispute with
WellPoint Inc. (WLP), and the companies may go to court and fight
it out. The disclosure hit Express Scripts's stock price in
after-hours trading, sending shares down 3.7% to $42.75. Express
Scripts previously has said that WellPoint represented nearly 30%
of the company's revenue for the nine months ended Sept. 30.
Cheniere Energy Inc. (LNG) said Tuesday it will offer 33 million
shares of its common stock as the energy company looks to raise
funds for general corporate purposes, including repayment of
indebtedness. Shares slid 10% to $8.40 in after-hours trading.
Watch List:
American Woodmark Corp. (AMWD) disclosed plans to reduce
production capacity and to adjust the overall retirement program
offered to employees as the seller of kitchen cabinets and vanities
continues to struggle with a slump in the housing market.
Warnaco Group Inc. (WRC) said Chief Operating Officer Helen
McCluskey will become the apparel maker's new president and chief
executive upon CEO Joe Gromek's retirement, effective Feb. 1.
-Edited by Ian Thomson and Corrie Driebusch; write to
ian.thomson@dowjones.com and corrie.driebusch@dowjones.com