Among the companies with shares expected to actively trade in
Tuesday's session are Nutrisystem Inc. (NTRI), Seagate Technology
Inc. (STX) and Tableau Software Inc. (DATA).
Nutrisystem's better-than-expected adjusted third-quarter profit
sent shares higher, as the weight-loss products company also struck
a cautiously optimistic tone about the upcoming diet season. Shares
climbed 12% to $16.87 in after-hours trading, as results for the
period exceeded the muted expectations Nutrisystem outlined in
July.
Seagate's fiscal first-quarter earnings fell 27%, pressured by
sliding revenue at the data-storage company. Shares fell 4.8% to
$47.45 in after-hours trading as results missed expectations.
Tableau's third-quarter profit increased more than sixfold
driven by another surge in revenue. Revenue jumped 90% to $61.1
million in the quarter as the company reported growth in customer
accounts. Shares of Tableau rose 8.4% to $68.49 in after-hours
trading as the results beat expectations.
Watch List:
Apple Inc. (AAPL) sold 33.8 million iPhones in the September
quarter, up 26% from a year earlier, but not enough to prevent a
third consecutive quarterly decline in earnings.
AZZ Inc.'s (AZZ) President and Chief Executive David Dingus died
Sunday from medical complications related to pancreatic cancer, the
electrical-products and galvanizing-services company disclosed.
Those duties will be assumed by Chief Financial Officer Dana Perry
on an interim basis.
CVSL Inc. (CVSL) has offered to pay $16.75 a share to acquire
candle maker Blyth Inc. (BTH), according to Bloomberg, which cited
two people with knowledge of the matter. The offer is valued at
about $268 million.
Covidien PLC (COV) has stuck a deal to sell the company's
confluent surgical product line to Integra LifeSciences Holdings
Corp. (IART) for $235 million, unloading a line of soft-tissue
repair tools.
General Growth Properties Inc. (GGP) swung to a third-quarter
profit amid fewer expenses. The company again raised its estimate
for full-year funds from operations--a key profitability measure
for real-estate investment trusts.
Hartford Financial Services Group Inc.'s (HIG) third-quarter
earnings soared as the insurer reported better-than-expected
revenue growth and the year-earlier period included a big loss
related to the sale of its individual life business.
HealthSouth Corp.'s (HLS) third-quarter profit rose 24% while
the hospital operator experienced growth in revenue same-hospital
discharges.
Herbalife Ltd.'s (HLF) third-quarter profit rose 27% as the
nutritional-supplements maker posted a jump in world-wide
sales.
Michael Kors Holdings Ltd. (KORS) will replace NYSE Euronext
Inc. (NYX) in the S&P 500 after trading closes Friday as
IntercontinentalExchange Inc.'s (ICE) deal to acquire NYSE is
expected to close soon.
Plum Creek Timber Co. (PCL) has agreed to acquire industrial
timber lands, related wind and mineral assets and an interest in
other properties from MeadWestvaco Corp. (MWV) in a $1.1 billion
deal as the real-estate investment trust also reported that its
third-quarter earnings rose 22%.
Riverbed Technology Inc.'s (RVBD) third-quarter profit slumped
85%, as the network-equipment maker reported sharply higher sales
and marketing expenses, offsetting an increase in sales across all
markets it serves.
U.S. Steel Corp. (X) swung to a steep third-quarter loss as the
steelmaker recorded a $1.8 billion write-down for its North
American flat-rolled and Texas operations. Excluding that charge,
U.S. Steel's adjusted loss for the period wasn't as severe as
analysts expected, though shipments again declined from year-ago
levels.
Write to John Kell at john.kell@wsj.com
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