USB US Bancorp

Among the companies with shares expected to trade actively in Thursday's session are Seagate Technology PLC (STX), Netflix Inc. (NFLX), and Five Prime Therapeutics Inc. (FPRX).

Seagate Technology said Thursday that its revenue and gross margin will likely fall short of expectations for its latest quarter, as the data-storage company struggles with weak demand. Shares of Seagate fell 14% to $41.29 in premarket trading.

Netflix added fewer subscribers in the U.S. in the September quarter than it had anticipated, renewing concerns of a domestic slowdown when the video company has again raised domestic prices, testing the loyalty of customers amid stiffer competition. Shares fell 5.6% to $104.05 premarket.

Bristol-Myers Squibb Co. (BMY) said Thursday it has struck an exclusive licensing and collaboration deal to develop and market cancer treatments with Five Prime Therapeutics. Shares of Five Prime shot up 62% to $27.50 premarket.

Manitowoc Co. (MTW), in the process of separating its crane and food-service equipment segments, on Wednesday cut its full-year projections for its struggling crane segment and said it was taking "aggressive action, including plant rationalization and right-sizing the business" to offset a decline in revenue due to lower demand. It didn't specify what actions it was taking. Shares tumbled 15% to $13.85 premarket.

HCA Holdings Inc. (HCA) warned Wednesday that profit would fall below Wall Street expectations, in part because of higher labor costs and an increase in uninsured admissions. Shares fell 9.2% to $69.00 premarket.

Philip Morris International Inc. (PM) on Thursday nudged up its earnings guidance for the year, as revenue and profit topped Wall Street expectations in the third quarter despite currency impacts and an overall decline in cigarette volume. Shares of the tobacco company gained 1.7% to $85.90 in early trading.

UnitedHealth Group Inc. (UNH) said its revenue soared 27% in its third quarter, as the health insurer continues to expand its health-services business and add members in its insurance operations. Shares fell 3.3% to $118.00 premarket.

PPG Industries Inc. (PPG) said its third-quarter earnings rose 17% as a boost from acquisitions and benefits from cost-control efforts offset a hit from negative currency impacts.

Fairchild Semiconductor International Inc. (FCS) said its loss widened in its latest quarter, hurt by declining revenue and costs linked to restructuring and a factory closure.

U.S. Bancorp (USB) said its profit rose in the third quarter, as loan growth and higher credit- and debit-card fees offset increased expenses.

Xilinx Inc. (XLNX) said its earnings fell 26% on weaker sales in the latest quarter, though its per-share profit beat expectations.

Regional lender KeyCorp (KEY) said third-quarter profit rose, thanks to higher commercial lending and increased fee revenue, though a key measurement of lending profitability slipped.

BB&T Corp. (BBT) said its profit slipped in the latest quarter, as merger-related costs offset loan growth and deposit growth.

Defense company Northrop Grumman Corp. (NOC) on Wednesday announced a segment realignment and said it was restoring the chief operating officer position, last held by Wesley G. Bush when he was promoted to chief executive.

U.S. health regulators have rejected Pfizer Inc.'s (PFE) supplemental new drug application to treat adult patients with moderate to severe chronic plaque psoriasis, the company said Wednesday.

Write to Jenny Roth at jenny.roth@wsj.com and Maria Armental at maria.armental@wsj.com

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(END) Dow Jones Newswires

October 15, 2015 09:38 ET (13:38 GMT)

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