Among the companies with shares expected to actively trade in
Thursday's session are Mattress Firm Holding Corp. (MFRM),
Aeropostale Inc. (ARO) and Synopsys Inc. (SNPS).
Mattress Firm's fiscal third-quarter earnings rose 46% as
increased advertising helped drive customer traffic and sales
growth. The company's adjusted profit and revenue beat
expectations, sending shares 14% higher to $39.17 after hours.
Aeropostale swung to a fiscal third-quarter loss as the
youth-focused apparel retailer continued to struggle with falling
sales and teens' lackluster response to new style offerings. Shares
fell 5.7% to $8.83 after hours as the company guided for a
wider-than-expected fiscal fourth-quarter loss and the latest
period's results missed the company's and Wall Street's
expectations.
Synopsys' fiscal fourth-quarter profit nearly doubled on a
top-line increase driven by growth in the company's time-based
license revenue. Shares, however, fell 4.1% to $35.00 after hours
as the company's guidance for the current quarter came in below
Wall Street expectations.
Korn/Ferry International's (KFY) fiscal second-quarter profit
surged due in large part to a big revenue boost in the company's
leadership and talent consulting business, as well as a favorable
comparison to the year-ago period. Shares rose 4.4% to $23.50 after
hours as the company's earnings beat its expectations.
S&P Dow Jones Indices said General Growth Properties Inc.
(GGP) will join the S&P 500 index, replacing Molex Inc. (MOLX),
a move that sent the real-estate investment trusts' shares 3.9%
higher to $21.06 after hours.
Puma Biotechnology Inc. (PBYI) reported positive top line data
from the Phase II clinical trial of the biopharmaceutical company's
investigational drug PB272 for the neoadjuvant treatment of breast
cancer. Shares jumped 15% to $53.00 after hours.
Watch List:
Barrick Gold Corp. (ABX, ABX.T), the world's largest gold miner,
announced a raft of boardroom changes Wednesday and the exit date
of founder and chairman Peter Munk, as it looks to ease investors'
concerns over corporate governance at the gold-mining giant. The
Toronto-based company said Mr. Munk will step down from the board
at the 2014 annual meeting, which is expected around April.
Guess Inc.'s (GES) fiscal third-quarter earnings fell 7.2% as
the apparel retailer was hurt by weaker sales, led by declines in
its North America retail segment. The company also raised the lower
end of its per-share earnings estimate for the year, but lowered
its revenue view.
New York & Co.'s (NWY) fiscal third-quarter loss narrowed as
the women's apparel retailer recorded comparable-store-sales growth
and benefited from lower costs.
Activist investor Carl C. Icahn on Wednesday disclosed he
increased his stake in Nuance Communications Inc. (NUAN) by 6.5
million shares. Mr. Icahn now owns a total of 58.9 million shares
in the company, or a stake of nearly 19%, according to a filing
with the Securities and Exchange Commission.
Write to Anna Prior at anna.prior@wsj.com
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