Among the companies with shares expected to actively trade in
Thursday's session are Citrix Systems Inc. (CTXS) and Ruby Tuesday
Inc. (RT).
Citrix Systems cut the enterprise software maker's third-quarter
sales and profit estimates, which sent shares sharply lower in
after-hours trading. The stock slumped 13% to $57.89 in after-hours
trading. Shares of peer VMware Inc. (VMW) were off 3.2% to
$76.43.
Ruby Tuesday reported a surprisingly wide loss in its fiscal
first quarter, saying competition and economic headwinds hurt the
restaurant operator as it tries to execute a turnaround plan.
Shares fell 13% at $6.56 in after-hours trading as the results
missed expectations and sales at restaurants open more than a year
fell sharply.
Watch List:
Chevron Corp. (CVX) said that its third-quarter global oil and
gas production are expected to rise slightly from the year-ago
quarter, though downstream earnings are expected to be
"significantly lower."
Gilead Sciences Inc. (GILD) said it will stop its Phase 3 study
of a treatment for chronic lymphocytic leukemia as interim results
have demonstrated significant efficacy for its primary endpoint.
The treatment, which is called idelalisib, was being tested for
patients not fit for chemotherapy.
Helen of Troy Corp.'s (HELE) fiscal second-quarter earnings rose
1.5% as the personal-care and household-products maker posted an
increase in revenue that was offset somewhat by a bigger rise in
input costs.
Private-equity firm KKR & Co. LP (KKR) has agree to pay
about $1 billion to Melrose Industries PLC (MLSPY, MRO.LN) to
acquire lifting equipment companies Crosby Group LLC and Acco
Material Handling Solutions.
Men's Wearhouse (MW) has adopted a shareholder rights plan to
prevent new investors from gaining sizable control of the apparel
retailer, a move that comes on the day it rejected a $2.3 billion
takeover bid by Jos. A. Bank Clothiers Inc. (JOSB).
OmniAmerican Bancorp Inc. (OABC) plans to trim its work force by
8%, job cuts stemming from the bank's plan to discontinue the
purchase of auto loans originated through auto dealerships.
OmniAmerican also disclosed it eliminated the position of chief
operating officer to reduce costs and bolster earnings.
Write to John Kell at john.kell@wsj.com
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