Among the companies with shares expected to trade actively in
Friday's session are Renren Inc. (RENN), Document Security Services
Inc. (DSS) and Zoom Technologies Inc. (ZOOM).
Renren's revenue fell while overall expenses surged, driving the
Chinese social networking company to a wider loss in the third
quarter. American depositary shares of Renren fell 9.9% to $3.02 in
after-hours trading as the company's fourth-quarter guidance came
in well below expectations.
A subsidiary of Document Security Systems, which develops and
integrates security technology, filed a patent lawsuit against
Apple Inc. (AAPL). The case centers on patents related to the use
of wireless peripheral devices. Shares of Document Security Systems
were up 10.6% after hours at $2.08.
China's Zoom Technologies said it agreed to acquire
mobile-advertising service Baifen Tonglian Information and
Technology Co. Shares of Zoom more than doubled after hours.
Watch List:
The Department of Health and Human Services is going to replace
Verizon Communications Inc.'s (VZ) Terremark subsidiary as its
web-hosting provider for the federal health-insurance marketplace
and replace it with Hewlett-Packard Co. (HPQ), The Wall Street
Journal reported Wednesday, citing people familiar with the
matter.
Kinder Morgan Energy Partners L.P. (KMP) plans to file an
application with Canada's federal regulators on Dec. 16 to nearly
triple the size of a pipeline carrying oil to the country's Pacific
coast, the head of the company's Canadian subsidiary said
Wednesday.
OCZ Technology Group Inc. (OCZ) said that Toshiba Corp. (TOSYY,
6502.TO) has offered to acquire the embattled data-storage company
in a planned bankruptcy proceeding, an offer that could stave off a
potential liquidation of the company.
The Washington Post Co. (WPO), which will become Graham Holdings
Co. (GHC), said it would sell its headquarters building and
property in downtown Washington to Carr Properties for about $159
million.
Write to Michael Calia at michael.calia@wsj.com
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