Among the companies with shares expected to actively trade in
Thursday's session are:
Angie's List Inc. (ANGI) said its first-quarter loss narrowed as
the online review site operator continued to add members and expand
its roster of service providers--a key source of revenue. Revenue
topped expectations and the company projected fiscal second-quarter
revenue that topped analysts' views. Shares rose 11% to $14.25
premarket.
Apple Inc. (AAPL) reported a 7% increase in quarterly profit,
amid intensifying competition for mobile devices, and announced
increases to its stock buyback and dividend programs. Shares
climbed 8.5% to $569.30 premarket.
Caterpillar Inc. (CAT) said its first-quarter profit rose as
sales increased slightly and the company's operating costs
declined. Shares rose 4.1% to $107.60 premarket as results topped
analysts' expectations and the company boosted its full-year
earnings guidance.
Citrix Systems Inc.'s (CTXS) earnings fell 6.3% in the first
quarter as restructuring and other costs masked increased sales.
The results beat the company's own outlook and it raised the low
end of its targets for the year. Shares rose 6.1% to $59.40
premarket.
E*Trade Financial Corp. (ETFC) posted a higher first-quarter
profit as the online brokerage firm reported more daily client
trades and higher revenue from commissions and fees. Shares climbed
4.9% to $22.55 premarket.
F5 Networks Inc.'s (FFIV) fiscal second-quarter profit jumped
9.8% as the networking-equipment company reported broad revenue
growth, lifting results above the company's own expectations.
Shares climbed 4.5% to $113 premarket.
Facebook Inc. (FB) displayed new evidence of its advertising
momentum as it posted first-quarter earnings that nearly tripled,
giving the company more resources to challenge bigger players in
the technology industry. Shares rose 5.1% to $64.47 premarket.
Shares of Ingram Micro Inc. (IM) slid after the
information-technology company reported first-quarter profit and
revenue growth that failed to meet Wall Street's expectations.
Shares slipped 3.9% to $29.10 premarket.
Lam Research Corp.'s (LRCX) fiscal third-quarter earnings surged
as the semiconductor-equipment company's revenue jumped. The
company's fiscal fourth-quarter outlook topped Wall Street's
expectations. Shares edged up 3.9% to $54.27 premarket.
O'Reilly Automotive Inc.'s (ORLY) first-quarter profit climbed
13% as the auto-parts retailer posted strong-than-expected
same-store sales growth and derived sales from new stores. Shares
slipped 2.3% to $144.70 premarket.
Chip maker Qualcomm Inc. (QCOM) reported Wednesday that
second-quarter profit grew 5%. But its projections about the
current quarter were less rosy than some analysts had expected amid
signs that royalty payments associated with sales in China may be
delayed. Shares slipped 3.9% to $77.60 premarket.
Auction house Sotheby's (BID) disclosed it expects to report its
net auction sales jumped 40% in the first quarter, boosted by
strong demand for Impressionist and Contemporary Art. Shares rose
3.2% to $41.95 premarket.
Stryker Corp. (SYK) said its first-quarter earnings fell 77% as
the medical device maker posted a big recall-related charge and
other one-time items that masked increased sales of its knee and
hip joint products. Shares 2.1% to $80 premarket.
Texas Instruments Inc. (TXN) posted a 35% increase in its
first-quarter profit as the chip maker's revenue and margins
improved. Shares climbed 3.3% to $48 premarket.
Tractor Supply Co. (TSCO) said its first-quarter profit rose 11%
as the company recorded an increase in revenue, helped by sales of
items like heaters during the cold winter. Shares slid 2% to $66
premarket.
United Parcel Service Inc. (UPS) posted a lower first-quarter
profit, pointing to unusually harsh weather that increased its
expenses and slowed its revenue growth. Results missed expecations,
and the shipping giant said it expects its full-year earnings to
hit the low end of its earlier forecast. Shares slipped 1.3% to $98
premarket.
Zimmer Holdings Inc. (ZMH) agreed to buy fellow orthopedic
device maker Biomet Inc. for about $13.35 billion in cash and
stock, in a bid to position the combined company as a leader in the
musculoskeletal industry. Shares climbed 16% to $106.25
premarket.
Zynga Inc. (ZNGA) said founder Mark Pincus is giving up his
operating role at the company, one of several management changes
announced along with first-quarter results that include a 36%
decline in revenue. Shares climbed 7% to $4.73 premarket.
Watch List:
American Airlines Group Inc. (AAL) said its first-quarter
adjusted earnings soared with a boost from a gain on the sale of
slots at Reagan National Airport that U.S. antitrust regulators
required to complete its recent merger.
AvalonBay Communities Inc. (AVB) said its first-quarter earnings
almost doubled for the second quarter, driven by added units and
higher rents, again led by strong growth in northern
California.
Cheesecake Factory Inc. (CAKE) said its first-quarter earnings
fell 11% on higher costs as severe weather and a holiday shift
weighed on the casual-dining chain's same-store sales growth.
Crown Castle International Corp.'s (CCI) earnings surged in the
first three months of the year, its first full quarter operating as
a real-estate investment trust. The cell tower company also said it
increased the midpoint of its outlook for site rental revenue and
adjusted earnings for the year.
New York Times Co. (NYT) said first-quarter earnings declined
51% as higher operating costs offset a modest increase in revenue.
Results beat expectations.
Safeway Inc. (SWY) swung to a first-quarter loss as foreign
currency effects and inflation in products such as produce weighed
on the bottom line, masking a rise in revenue.
Verizon Communications Inc. (VZ) said its profit more than
doubled for the first three months of the year, as the
telecommunications giant got a big boost from its recent Verizon
Wireless acquisition and continued to increase its base of wireless
and Internet customers. Results beat expectations.
Write to John Kell at john.kell@wsj.com and Lauren Pollock at
lauren.pollock@wsj.com
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