Among the companies whose shares are expected to actively trade
in Thursday's session are Tractor Supply Co. (TSCO), PVH Corp.
(PVH) and Chevron Corp. (CVX).
Tractor Supply projected fourth-quarter revenue slightly above
analysts' expectations, leading it to again raise its earnings
guidance for 2011. Shares of the largest U.S. chain of farm and
ranch stores rose 4.9% to $76.53 in recent after-hours trading.
PVH Corp. boosted its fiscal fourth-quarter guidance after the
apparel company's Calvin Klein and Tommy Hilfiger brands delivered
stronger sales, offsetting weaker performance in its Heritage
business. Shares still fell 4.1% to $70.89 after-hours as PVH
warned that this year's earnings growth would take place entirely
in the second half, citing higher product costs and negative
foreign-exchange effects in the coming months.
Chevron warned investors it expects its fourth-quarter 2011
earnings to be "significantly" lower than in the preceding quarter,
when higher margins and the sale of a major refinery buoyed
results. Shares slid 1.9% to $105.70 after hours Wednesday.
Jaguar Mining Inc. (JAG, JAG.T) said G. Rogerio F. Fernandes
will succeed Lucio Cardoso as chief operating officer following
Cardoso's retirement at the end of the month, the latest executive
change at the company. Shares rose 4.4% to $7.13 in after-hours
trading as Jaguar said the management change is not expected to
have any impact on the company's strategic review process.
Multi-Fineline Electronix Inc. (MFLX) said fiscal first-quarter
revenue was higher than expected because supply chain shortages
from the flooding in Thailand improved and as shipments to its
largest customer increased. Shares jumped 9.6% to $23.60 after
hours.
DragonWave Inc.'s (DRWI, DWI.T) fiscal third-quarter loss
widened as sales continued to slump and margins declined. Shares
dropped 9.8% to $3.39 after hours.
Exfo Inc.'s (EXFO, EXF.T) fiscal first-quarter earnings fell 79%
from a year-ago period boosted by a one-time gain, though the maker
of telecommunications testing reported that sales strengthened
across most of its main product groups. Shares were off 5.1% at
$6.12 after hours.
Watch List:
Linn Energy LLC (LINE) said it plans to offer 17 million units
to repay debt, while Camden Property Trust (CPT) unveiled a public
offering of up to 5.75 million common shares to purchase the
remaining interest in 12 joint ventures.
PepsiCo Inc.'s (PEP) Pepsi Beverages bottling unit agreed to
settle race-discrimination charges for $3.1 million alongside
pledges to provide job offers and training, according to the U.S.
Equal Employment Opportunity Commission.
Questcor Pharmaceutical Inc. (QCOR) defended itself Wednesday
after the drug maker learned of a Wall Street blog's plan to
publish negative reports on its business practices.
RailAmerica Inc. (RA) said carload traffic crept down again in
December as a large volume drop in coal, the company's biggest
commodity group, failed to offset growth in agricultural products
and other lower-volume commodities.
Regions Financial Corp. (RF) Wednesday agreed to sell its
brokerage Morgan Keegan & Co. to wealth manager Raymond James
Financial Inc. (RJF) for $930 million, in addition to a dividend
that raises its total proceeds to $1.18 billion.
-Edited by Maya Pope-Chappell and Ian Thomson; write to
maya.pope-chappell@dowjones.com and ian.thomson@dowjones.com