Among the companies whose shares are expected to actively trade
in Thursday's session are eBay Inc. (EBAY), Macerich Co. (MAC) and
Alliance Data Systems Corp. (ADS).
EBay's third-quarter profit fell 29% despite higher revenue as
margins suffered from recently acquired Bill Me Later business, the
weaker dollar and the company's shift to faster-growing,
lower-margin businesses. For the current quarter, eBay offered a
less-optimistic forecast than analysts expected. Shares fell 4.7%
to $23.85 after hours.
Macerich cut its 2009 profit target as the shopping-center owner
announced plans to sell at least 12 million shares, raising capital
so it can repay some of its $1.5 billion credit line. Shares slid
4.6% to $28.45 in after-hours trading.
Alliance Data Systems' third-quarter profit fell 29% as the
program and private-label card operator continued to face higher
loss rates and currency issues. Shares dropped 6.3% to $63 in late
trading, although earnings topped expectations.
VMware Inc.'s (VMW) third-quarter profit slid 54% on surging
research and development and marketing costs, which caused
operating margins to slump, although results topped expectations.
The company also projected fourth-quarter revenue above analysts'
estimates. Shares rose 1.3% to $45.50 in after-hours trading.
Novellus Systems Inc. (NVLS) swung to a third-quarter loss--its
fifth in the past six quarters--on lower sales and margins, but the
maker of semiconductor-manufacturing tools' results were in line
with its guidance. Shares slipped 0.7% to $21.45 after hours.
Edwards Lifesciences Corp.'s (EW) third-quarter earnings more
than doubled as sales grew across the board and the
cardiovascular-treatment developer recorded big gains. The company
also raised the bottom end of its 2009 profit guidance by 2 cents
as it boosted its sales guidance above analysts' latest average
estimate. Shares rose 1.3% to $72 in after-hours trading.
Amgen Inc.'s (AMGN) third-quarter earnings jumped 24% on higher
margins as results beat analysts' expectations and the company
again boosted its full-year earnings outlook. It affirmed revenue
will likely be at the top end of its forecast. Shares slid 2.8% to
$57.75 in late trading after the company said the Food and Drug
Administration requested more information on its key drug
denosumab.
Citrix Systems Inc.'s (CTXS) third-quarter profit jumped 8.7% as
the virtualization and infrastructure software company posted
higher license updates sales and lower expenses. The company issued
a fourth-quarter view in line with analysts' expectations and
affirmed its full-year target. Shares fell 4.3% to $39.57 after
hours.
Terex Corp. (TEX) swung to a third-quarter loss--its fourth in a
row--on lower sales and restructuring charges. Shares dropped 10%
to $21.15 in after-hours trading as the construction-machinery
maker's results fell short of Wall Street's expectations.
F5 Networks Inc.'s (FFIV) fiscal fourth-quarter profit climbed
44% on higher sales and margins, and the Internet services company
said business is continuing to improve. Shares jumped 8.2% to
$44.95 in after-hours trading as the results exceeded Wall Street's
expectations.
TriQuint Semiconductor Inc.'s (TQNT) third-quarter profit
dropped 20% on lower sales, but the company said business was
improving. Shares sank 20% to $6.50 after hours as the
semiconductor company's revenue fell short of Wall Street's
expectations, though the earnings were in line with analysts'
forecast.
Lam Research Corp. (LRCX) reported a surprise fiscal
first-quarter profit as margins rose despite slumping revenue for
the semiconductor-equipment company. Shares rose 2.3% to $36.69 in
late trading.
QLogic Corp.'s (QLGC) fiscal second-quarter profit dropped 41%
on lower sales and margins, but the data-storage firm pointed to
"signs of stability and early indicators of recovery" in its
business. The results topped Wall Street's expectations, and Chief
Executive H.K. Desai said they also exceeded the company's
guidance. Shares fell 2.7% to $17.60 after hours.
Noble Corp.'s (NE) third-quarter profit grew 11% on increasing
revenue from contract drilling services and a tax gain. The
offshore-drilling contractor's shares rose 1.5% to $43.25 in late
trading.
Watch List:
Ameriprise Financial Inc. (AMP) swung to a third-quarter profit
as the provider of financial-planning services posted sharply
higher revenue and net investment income. Earnings topped Wall
Street estimates, though revenue fell short.
Pactiv Corp.'s (PTV) third-quarter profit climbed 64% as the
packaging company posted surging margins, higher overall volume and
growing profits at both of its businesses. The company also again
raised its full-year target but kept its sales decline target
unchanged. Pactiv's fourth-quarter earnings view was in line with
analysts' estimate.
-By Dow Jones Newswires, write to hotstocks@dowjones.com