Among the companies whose shares are expected to actively trade
in Wednesday's session are Oracle Corp. (ORCL), Nike Inc. (NKE) and
Jabil Circuit Inc. (JBL).
Oracle's second-quarter earnings rose 17% despite a decline in
the business-software company's hardware sales pressuring the top
line. But shares were down 9% at $26.56 in after-hours trading as
the results were short of guidance.
Nike's fiscal second-quarter earnings rose 2.6% as the
athletic-shoe maker reported a better-than-expected revenue
increase, though product costs continued to hurt its margins.
Shares climbed 3.1% to $96.50 in recent after-hours trading.
Jabil Circuit's fiscal first-quarter earnings grew 5.8% as the
electronics contractor's margins and sales improved. Shares still
fell 4.3% to $19.10 in after-hours trading as net revenue growth
came in at the low end of the company's forecast range.
FSI International Inc.'s (FSII) fiscal first-quarter loss
widened as the microelectronics-equipment maker's sales fell below
guidance. But shares were up 10% at $3.30 in recent after-hours
trading as the company predicted stronger-than-expected revenue in
the current quarter.
Valmont Industries Inc. (VMI) said it will record a one-time
tax-related benefit of about $2.66 a share in the fourth quarter
and raised its full-year earnings guidance. Shares rose 2.5% to
$90.50 after hours.
Sealed Air Corp. (SEE) said one of its biggest shareholders,
private-equity firm Clayton Dubilier & Rice LLC, would be
offering the 14 million shares it holds in the maker of Bubble
Wrap. Shares fell 2.9% to $16.65 after hours.
Watch List:
Medical-device maker C.R. Bard Inc. (BCR) acquired
venture-backed arterial-device maker Lutonix Inc. for about $225
million in a bid to expand its portfolio with a new way to treat
heart disease.
Cintas Corp.'s (CTAS) fiscal second-quarter earnings grew a
stronger-than-expected 33% on higher revenue from the corporate
supplier's uniform business. The results prompted Cintas to raise
its full-year earnings guidance.
DealerTrack Holdings Inc. (TRAK) and new media company Internet
Brands Inc. said they will form a joint venture that will provide
automotive data to the North American automotive retail market.
Healthways Inc. (HWAY) said it expects to post a net loss for
the year due to expenses stemming from Cigna Corp.'s (CI) decision
to allow its contract with the company to wind down ahead of
expiration, as well as revenue delays from an international
contract.
Leggett & Platt Inc. (LEG) said it was buying a privately
held maker of welded tubing for aircraft systems in a cash deal
with a $188 million enterprise value, its largest purchase in
years.
Motorola Mobility Holdings Inc. (MMI) said an administrative law
judge at the U.S. International Trade Commission ruled in its favor
on six of seven patent-infringement claims brought against it by
Microsoft Corp. (MSFT).
Papa John's International Inc. (PZZA) issued earnings guidance
for 2012 below analyst expectations Tuesday, though it raised its
full-year earnings view for the current year.
Paychex Inc.'s (PAYX) fiscal second-quarter earnings rose 4.9%
as the payment-processing company generated more revenue per
check.
Standard & Poor's Ratings Services upgraded SanDisk Corp.'s
(SNDK) credit status a notch closer to investment grade Tuesday,
citing strong demand for the data-storage maker's memory chips.
Shuffle Master Inc.'s (SHFL) fiscal fourth-quarter earnings
jumped 71% as the gambling-equipment maker benefited from stronger
sales, especially in its electronic gaming segment.
Takeda Pharmaceutical Co. Ltd. (4502.TO, TKPYY) said it agreed
to acquire a privately held developer of small-molecule drugs for
as much as $310 million in cash.
Whole Foods Market Inc. (WFM) said its biggest shareholder,
private equity firm Leonard Green & Partners LP, was aiming to
exit its stake by offering up to 13.9 million shares of the natural
foods supermarket, about 7.7% of the total outstanding.
-By Dow Jones Newswires; write to hotstocks@dowjones.com