Among the companies with shares expected to actively trade in
Wednesday's session are RadioShack Corp.(RSH), Apple Inc. (AAPL),
and Netflix Inc. (NFLX).
RadioShack swung to a surprise second-quarter loss on lower
consumer electronics sales and higher costs, as well as heeding
calls to suspend its dividend. RSH's mobile device-focused strategy
has delivered weaker bottom-line results in recent quarters due to
fierce competition in the cellphone category and weak demand for
other types of consumer electronics. Shares tumbled 27% to $2.65
premarket.
Apple's fiscal third-quarter earnings climbed 21%, though the
company's iPhone sales, revenue and earnings grew less than
analysts had expected. Shares fell 4.7% to $572.56 premarket.
Netflix signaled slow growth ahead for its streaming video
service and forecast a loss for the fourth quarter, as turbulent
times continue for the video-rental pioneer. The company also
reported its second-quarter earnings fell 91%. Shares slumped 16%
to $67.00 in premarket trading.
Riverbed Technology Inc. (RVBD) reported a 61% increase in
second-quarter profit and issued an upbeat view of earnings in the
current quarter, bouncing back from new-product delays that marred
earlier results. The network-enhancement provider also offered an
upbeat view for the third quarter. Shares climbed 25% to $18.22
premarket.
WellPoint Inc.'s (WLP) second-quarter earnings fell 8.3% as
litigation and acquisition costs heightened the impact from lower
medical enrollment. The health insurer also cut full-year guidance
again to between $7.30 and $7.40 a share from its June forecast of
at least $7.57 a share to account for both lower enrollment in its
commercial business and higher medical costs. Share fell 8.4% to
$56.20 premarket.
Altera Corp.'s (ALTR) second-quarter profit fell 24% as the chip
maker saw revenue decline sharply from the previous year. However,
the company offered an upbeat third-quarter outlook. Shares jumped
9.9% to $33.71 in premarket trading.
Shares of medical device maker Sunshine Heart Inc. (SSH)(SHC.AU)
jumped in premarket trading after the company said it has received
CE Mark approval for a device--the C-Pulse Heart Assist System--for
the treatment of heart failure, which will allow for the
commercialization of the technology in Europe and countries in Asia
and Latin America that recognize the CE Mark. Potential patients
for the device in the European Union are estimated at 3.7 million.
Shares rose 29% to $12.98 premarket.
Buffalo Wild Wings Inc.'s (BWLD) second-quarter profit rose
9.3%, but its boost in sales at established restaurants wasn't
enough to offset the stubbornly high chicken-wing prices it faces
this year. Shares were off 11% to $70.00 in premarket trading.
Closeout flooring retailer Lumber Liquidators (LL) smashed
analysts' 2Q estimates, and the company boosted its 2012 estimates.
Same-store sales surged 12% last quarter and both increased traffic
and purchase sizes, helping push gross margin up strongly. Shares
jumped 13% to $36.70 premarket.
RF Micro Devices Inc. (RFMD) swung to fiscal first-quarter loss
as the chip maker's margins weakened. Shares slipped 9.5% to $3.88
premarket as the company issued a downbeat forecast for the current
quarter.
TripAdvisor Inc.'s (TRIP) second-quarter earnings slipped 1.9%
as its expenses increased. Shares slumped 15% to $36.95 premarket
as revenue missed analyst expectations.
Tempur-Pedic International Inc.'s (TPX) profit slumped 45% in
the second quarter as the mattress maker faced a deeply competitive
climate in its North American business. Still, shares of the
mattress maker rose 9% to 29.60 in premarket trading after both
earnings and revenue declined less than the company had predicted
in a dismal forecast issued last month.
Panera Bread Co.'s (PNRA) first-quarter earnings rose 24%, as
same-store sales and profit margins continued to grow at the
bakery-cafe chain. Shares rose 7.4% to $152.47 premarket.
Watchlist:
Aaron's Inc.'s (AAN) second-quarter profit surged as the
rent-to-own retailer saw same-store sales rise as contributions
from its newer HomeSmart business grew sharply.
Ace Ltd.'s (ACE) second-quarter profit sank 45% as the insurer
booked heavy realized losses, masking a rise in premiums
written.
Aflac Inc.'s (AFL) second-quarter profit rose 77% as the insurer
reported a jump in revenue, helped by a strong yen and continued
strength in its Japan operations.
AOL Inc. (AOL) reported its lowest rate of revenue decline in
seven years, as the contraction associated with its legacy Internet
subscription business slowed in the second quarter and advertising
sales rose for the fifth-straight quarter.
Broadcom Corp.'s (BRCM) second-quarter earnings fell 8.6%, but
the maker of smartphones and networking chips posted record revenue
for the period as it benefited from strong sales across its various
business units. Earnings topped analysts' expectations, and revenue
was at the high end of the company's guidance.
Juniper's second-quarter income fell 50% on weaker spending by
the network-gear maker's Asian and European customers--though
results weren't as weak as initially feared. Earnings and revenue
topped the company's pessimistic April guidance.
Logistics company C.H. Robinson Worldwide Inc.'s (CHRW)
second-quarter earnings increased 3.2% as revenue in its sourcing
and payment services segments rose, though sales in its key
trucking segment slipped slightly. Revenue topped analyst
expectations.
International Game Technology's (IGT) fiscal third-quarter
earnings fell 46% despite higher revenue as the slot-machine maker
suffered a sharp increase in expenses.
Linear Technology Corp.'s (LLTC) fiscal fourth-quarter earnings
fell 35% as the chip maker continued to experience weak demand with
semiconductors compared with the previous year.
Nabors Industries Ltd.'s (NBR) swung to a second-quarter loss as
the oil-field services company was hurt by a big write-down and
other items.
Owens & Minor Inc. (OMI) lowered its revenue and earnings
outlook for the full year, as the medical-products distributor
noted slower growth and profitability, complicated by the effects
of a planned acquisition.
Qiagen NV's (QGEN, QIA.XE) second-quarter earnings were nearly
flat as the provider of medical-testing technologies revenue growth
was masked by higher acquisition-related costs and other expenses.
The company also raised its full-year earnings guidance.
Range Resources Corp.'s (RRC) second-quarter profit rose 8.5% as
the independent producer's production volumes increased, which
helped offset the impact of falling natural gas prices.
Rock-Tenn Co. (RKT) swung to a fiscal third-quarter profit after
the packaging company reported significant one-time charges a year
earlier and production improved following an acquisition.
Total System Services Inc.'s (TSS) second-quarter earnings rose
a better-than-expected 24% as the payment-services provider saw
stronger international services revenue.
Unisys Corp. (UIS) swung to a second-quarter profit beating
analyst expectations as the information-technology's reported
stronger sales for its ClearPath enterprise software and as charges
weighed on year-ago results.
Usana Health Services Inc.'s (USNA) second-quarter earnings
jumped 21% as the health-products maker's revenue and margins
improved.
VirnetX Holding Corp. (VHC) said an administrative law judge has
identified a procedural discrepancy with its complaint filed with
the U.S. International Trade Commission that alleges Apple Inc.
(AAPL) engaged in unfair-trade practices. The Internet security
software and technology company said it disagrees with the finding
and plans to appeal or refile its complaint to clarify the
issue.
Weatherford International Ltd. (WFT) said its second-quarter
revenue jumped 24% on continued strength in North America. But the
oilfield-services company said unresolved accounting problems are
preventing it from reporting its net income.
Zale Corp. (ZLC) said it has secured a new $665 million credit
facility, which the jewelry retailer said will reduce its borrowing
costs and accelerate its return to profitability.
Write to Anna Prior at anna.prior@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires