Among the companies whose shares are expected to actively trade
in Friday's session are Nuance Communications Inc. (NUAN), LinkedIn
Corp. (LNKD) and True Religion Apparel Inc. (TRLG).
Nuance's fiscal first-quarter profit surged thanks to a tax
benefit as the speech-software company reported double-digit
revenue growth at most of its businesses. However, shares fell 13%
to $26.37 after hours as adjusted earnings and revenue fell short
of Wall Street's expectations.
LinkedIn's fourth-quarter earnings soared as the
professional-networking site's revenue more than doubled. Shares
rose 8.9% to $83.15 in after-hours trading Thursday as the results
topped analysts' expectations.
True Religion's fourth-quarter earnings sank 8.4% as the
jeans-maker saw weaker sales in its wholesale business, though its
direct consumer unit showed strength. Shares slid 23% to $28.45
after hours as the company missed earnings and revenue expectations
and as it gave a downbeat 2012 profit forecast.
NeurogesX Inc. (NGSX) said a Food and Drug Administration
advisory committee did not recommend approval for the specialty
pharmaceutical company's Qutenza patch as a treatment for nerve
pain related to HIV-associated peripheral neuropathy. Shares
plunged 24% to 61 cents after hours. The stock was halted Thursday
morning.
Sierra Wireless Inc.'s (SWIR) swung to a fourth-quarter loss as
the company recorded higher expenses as well as lower sales due to
the absence of two major customers. However, shares jumped 13% to
$8.46 in after-hours trading as the company issued an upbeat
first-quarter outlook.
Overseas Shipholding Group Inc. (OSG) said it will suspend its
quarterly dividend payments, the latest step by the shipper to
preserve liquidity in the face of stubborn economic headwinds.
Shares dropped 8.3% to $10.85 after hours.
Brooks Automation Inc.'s (BRKS) fiscal first-quarter earnings
sank 87% as the semiconductor-equipment maker's product revenue
dropped, though services revenue increased and margins improved,
pushing shares up 8.4% to $12.24 after hours as the company
predicted upbeat second-quarter results and expressed optimism
above future quarters.
Flowers Foods Inc.'s (FLO) fourth-quarter earnings fell 27% as
higher ingredient costs offset a sales improvement helped by its
acquisition last year of Tasty Baking Co. Shares dropped 4.6% to
$18.69 after hours on weaker-than-expected results as the maker of
Nature's Own, Sunbeam and Blue Bird breads and baked goods issued a
cautious 2012 outlook.
Expedia Inc.'s (EXPE) fourth-quarter profit eased 1.4% as
slumping revenue from air travel hurt the online travel agent's top
line. Shares dropped 3.7% to $32.90 after hours on the
weaker-than-expected results.
Gardner Denver Inc.'s (GDI) fiscal fourth-quarter earnings rose
36% as the maker of air compressors and pumps benefited from strong
demand in the energy sector. Shares fell 7.2% to $74.10 after
hours, however, as overall revenue growth fell short of
expectations.
NXP Semiconductors N.V.'s (NXPI) fourth-quarter loss widened on
lower revenue and as restructuring charges weighed on bottom-line
results. However, shares rose 6% to $23.30 after-hours as the
company issued an upbeat revenue view for the first quarter.
Lions Gate Entertainment Corp.'s (LGF) fiscal third-quarter loss
narrowed as the movie and television studio posted an increase in
equity interest income from its share in the Epix channel, though
revenue slipped. Shares fell 3.7% to $10.60 after hours.
XL Group PLC (XL) swung to a surprise fourth-quarter loss as the
property-and-casualty insurer reported sharply higher catastrophe
losses and an impairment charge. Shares fell 2.9% to $20.40 in
after hours trading.
Watch List:
AptarGroup Inc.'s (ATR) fourth-quarter earnings fell 5.3% as a
higher tax rate weighed on the dispenser maker's bottom-line and as
the company's beauty and home segment saw slightly lower sales.
Home Properties Inc.'s (HME) fourth-quarter profit soared as the
apartment real-estate investment trust posted stronger revenue
driven by higher average rents.
International Game Technology (IGT) named Walt Disney Co. (DIS)
executive John Vandemore as its new chief financial officer and
treasurer, effective Feb. 13.
The U.S. Food and Drug Administration said Thursday the use of
Merck & Co.'s (MRK) Hepatitis C drug Victrelis with certain
types of HIV medicines may reduce effectiveness of both types of
treatments.
Montpelier Re Holdings Ltd.'s (MRH) fourth-quarter profit slid
33% as costs from flooding in Thailand and other natural disasters
caused the reinsurer to report an operating loss.
Pitney Bowes Inc.'s (PBI) fourth-quarter earnings surged as the
mail- and document-services company posted a large tax benefit,
though revenue and margins declined.
Republic Services Inc.'s (RSG) fourth-quarter earnings rose a
better-than-expected 29% as the trash hauler saw higher industrial
collection revenue and lower provisions for income taxes. The
company's results beat analysts' expectations.
-Edited by Maya Pope-Chappell and Ian Thomson; write to
maya.pope-chappell@dowjones.com and ian.thomson@dowjones.com