Among the companies with shares expected to actively trade in Wednesday's session are Dell Inc. (DELL), Williams-Sonoma Inc. (WSM) and La-Z-Boy Inc. (LZB).

Dell's fiscal second-quarter earnings fell 18% as the computer giant recorded weaker revenue, led by declines in its consumer segment. Shares slid 4.5% to $11.78 after hours as revenue missed the company's expectations. Dell also lowered its full-year guidance and offered downbeat revenue guidance for the current quarter.

Williams-Sonoma's revived gross margin and strong sales growth lifted the housewares and furniture retailer's profit 10% in the fiscal second quarter. The better-than-forecast results pushed shares 9.1% higher after hours to $41.70.

La-Z-Boy's fiscal first-quarter earnings fell 90% on a year-earlier reduction of some valuation reserves though the furniture company's sales and margins improved. Shares were up 6.7% at $14.40 after hours as revenue topped expectations.

Career Education Corp. (CECO) said Chief Financial Officer Michael J. Graham has resigned to accept a position at another company and named Colleen M. O'Sullivan, most recently the company's chief accounting officer, as his replacement. Shares slid 3.7% to $3.60 after hours.

Fifth Third Bancorp (FITB) said the Federal Reserve has approved the Midwestern bank's request for a 25% dividend increase and an expanded stock repurchase program. Shares rose 3.5% to $14.89 after hours.

Software maker Intuit Inc. (INTU) swung to a profit in its fiscal fourth quarter as strong demand for its small-business services was tempered by changes to the company's business mix and a modest outlook for the coming year. Shares were down 2.7% at $57.37 after hours as adjusted earnings missed estimates and the company gave a cautious view for its new fiscal year.

Ultra Clean Holdings Inc. (UCTT) cut its third-quarter revenue guidance amid weaker-than-expected demand in the semiconductor capital equipment sector. Shares sank 17% to $5.56 after hours.

   Watchlist: 

Analog Devices Inc.'s (ADI) fiscal third-quarter income shrank 23%, as three out of four of the chip maker's major segments posted weaker revenue.

Activist investor Carl Icahn withdrew his offer to buy the remaining shares of petroleum company CVR Energy Inc. (CVI), ending his bid to take the company private, according to a Securities and Exchange Commission filing.

The Food and Drug Administration said Johnson & Johnson (JNJ) unit Synthes last month initiated a recall on certain lots of bone putty, saying the medical product could catch fire during surgery.

Lorillard Inc. (LO) authorized up to $500 million in share repurchases, as the tobacco company looks to boost shareholder value.

Standard & Poor's Ratings Services lowered its outlook on Weatherford International Ltd. (WFT), noting the oilfield-services company's reliance on debt to finance its growth.

Wet Seal Inc. (WTSLA) swung to a fiscal second-quarter loss as the teen clothing retailer reported a decline in sales.

 
 

-Write to Nathalie Tadena at nathalie.tadena@dowjones.com

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