Among the companies with shares expected to actively trade in
Thursday's session are First Solar Inc. (FSLR), Green Mountain
Coffee Roasters Inc. (GMCR) and Halozyme Therapeutics Inc.
(HALO).
First Solar said it will boost production to meet rising demand,
despite a glut in the global solar-panel market, and the company's
second-quarter profit jumped 82%. Shares soared 18.9% to $17.60
after hours as results topped analyst expectations by a wide margin
and as the company raised its full-year guidance.
Green Mountain's fiscal third-quarter income rose 30%, as the
company posted stronger sales of its K-cup coffee and tea portion
packs, but margins continued to contract over
softer-than-anticipated demand. Shares rose 12.6% to $20.18 after
hours as the company outlined a plan to better predict sales, an
area where it had fallen short in the past.
Baxter International Inc. (BAX) confirmed receiving a complete
response letter from the U.S. Food and Drug Administration related
to its investigational product HyQ, which is in development with
Halozyme, after saying in April the agency was seeking additional
information. Halo shares sank 55% to $3.88 after hours.
Abercrombie & Fitch Co. (ANF) projected sharply
disappointing earnings for the fiscal second quarter and lowered
its outlook for the year based on softer-than-expected sales
trends, while the teen-apparel retailer also said it intends to
slow its new store openings. Shares sank 16% to $28.52 after
hours.
Avis Budget Group Inc.'s (CAR) second-quarter profit rose 52% as
the car-rental company's top line jumped sharply, aided by the
acquisition of Avis Europe and stronger domestic volume. Shares
jumped 6.4% to $15 after hours as the company's adjusted profit
sharply topped Wall Street's expectations, though sales growth was
a bit lighter than forecast.
American Eagle Outfitters Inc. (AEO) raised its second-quarter
earnings outlook, citing stronger-than-expected sales as it reined
in discounts. Shares were up 6.4% to $21.63 after hours.
LivePerson Inc.'s (LPSN) second-quarter earnings dropped 94% as
accounting and legal costs weighed on the company's bottom-line
results. Shares fell 6% to $16.86 after hours as the company also
lowered its full-year guidance.
Solta Medical Inc. (SLTM) plans to offer an undisclosed number
of shares, as it seeks to raise funds for general corporate
purposes. Shares were off 6% to $3 after hours.
Tesoro Corp.'s (TSO) second-quarter earnings improved 78% as the
independent refiner's gross refining margin improved and its
expenses decreased. Results beat Wall Street expectations, and
shares jumped 4.6% to $29.10 after hours.
Trimble Navigation Ltd. (TRMB) reported second-quarter earnings
that were flat from a year earlier as expenses rose, but the
global-positioning-system company reported better-than-expected
revenue growth and core profits. Shares rose 6.5% to $47.50 after
hours as the company offered upbeat guidance for the current
quarter.
United Online Inc. (UNTD) said its board approved a preliminary
plan to split the company into two independent, publicly traded
firms, spinning off its much larger flowers business about four
years after acquiring it. Shares were up 7.1% to $4.50 after
hours.
Weight Watchers International Inc.'s (WTW) second-quarter
earnings fell 11% as the provider of weight-loss services reported
that revenue growth at its Internet business largely was offset by
lower sales at its meeting business in North America and the U.K.
Shares fell 13% to $42.51 after-hours trading as revenue missed
expectations and the company cut its 2012 earnings guidance.
Yelp Inc.'s (YELP) second-quarter loss widened as the
local-reviews website saw surging expenses continue to outpace
better-than-expected revenue. Shares jumped 14.7% to $21.60 after
hours after the company boosted its full-year guidance and posted
an upbeat forecast for third-quarter revenue.
Zumiez Inc.'s (ZUMZ) July same-store sales grew 7.5%, but fell
short of Street expectations. Shares were off 11% to $31.89 after
hours.
Watchlist:
Boardwalk Pipeline Partners L.P. (BWP) intends to offer 10.5
million shares, planning to use the proceeds to pay down debt and
for other general corporate purposes.
CC Media Holdings Inc.'s (CCMO) second-quarter loss narrowed as
operating expenses slipped, while sister company Clear Channel
Outdoor Holdings Inc. (CCO) swung to a loss for the period.
Essex Property Trust Inc.'s (ESS) second-quarter profit more
than tripled as the West Coast apartment owner continued to benefit
from acquisitions and rent increases in California and Seattle.
Federal Realty Investment Trust's (FRT) second-quarter earnings
fell 6.2% as the shopping center-focused company was hurt by higher
costs.
General Growth Properties Inc.'s (GGP) second-quarter loss
narrowed as the mall landlord saw improvements in revenue and a key
measure of performance.
Hartford Financial Services Group Inc. (HIG) swung to a
second-quarter loss amid $587 million in charges related to the
retirement of debt it had issued to a German insurer.
Lincoln National Corp.'s (LNC) second-quarter earnings rose 6.6%
as the life-insurance and annuity company posted stronger results
in its annuity business.
MetLife Inc.'s (MET) second-quarter earnings more than doubled
as the life insurer reported its gains from derivatives soared, and
its operating profit improved modestly.
MDU Resources Group Inc.'s (MDU) second-quarter earnings rose
20% as the reversal of an arbitration charge boosted the oil and
natural-gas producer's bottom-line results and as revenue
improved.
Murphy Oil Corp.'s (MUR) second-quarter earnings fell 5.2% as
the oil-and-gas producer saw oil and natural gas prices drop,
weakening the company's revenue.
Moody's lowered Navistar International Corp.'s (NAV) rating one
notch further into junk territory, noting the truck maker faces
several challenges as it begins to employ a pollution-reduction
method for its engines that is already used by the rest of the
industry.
Second-quarter results from Prudential Financial Inc. (PRU)
missed analyst estimates on Wednesday as profit at its U.S.
operations declined.
SM Energy Co.'s (SM) second-quarter profit fell 80% as the
oil-and-gas company's operating expenses rose and revenue fell.
Toyota Motor Corp. (TM, 7203.TO) is recalling certain models of
its RAV4 sports-utility vehicles and Lexus sedans, saying a problem
with the rear suspension arm poses a potential safety risk.
Transocean Ltd. (RIG, RIGN.VX) swung to a second-quarter loss as
contingencies for the Deepwater Horizon oil spill in the U.S. Gulf
of Mexico weighed on the offshore oil-driller's results, though
revenue improved.
Unum Group's (UNM) second-quarter earnings fell 4.9% as the
insurer continued to report declining profits from its U.K.
business.
Walter Energy Inc.'s (WLT, WLT.T) second-quarter profit fell 72%
as the coal producer was affected by lower selling prices, though
sales of steelmaking coal grew.
Williams Cos.'s (WMB) second-quarter earnings fell 42%, while
midstream and interstate gas-pipeline asset-holder Williams
Partners LP's (WPZ) profit decreased 43%--the latest companies to
feel the effects of weaker natural-gas-liquids margins.
Willis Group Holdings PLC's (WSH) second-quarter earnings rose
27% on fewer charges and a special gain, masking a decline in
revenue.
-Write to Nathalie Tadena at nathalie.tadena@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires