Among the companies with shares expected to actively trade in
Wednesday's session are IAC/InterActiveCorp. (IACI), Yelp Inc.
(YELP), Buffalo Wild Wings Inc. (BWLD), and Amarin Corp.
(AMRN).
IAC/InterActiveCorp.'s third-quarter profit more than doubled as
the Internet company recorded stronger revenue, especially from its
portfolio of online-dating websites. But shares slid 14% to $50 in
after-hours trading, as revenue growth missed Wall Street's
expectations.
Yelp posted a wider third-quarter loss while surging marketing
costs helped obscure another double-digit revenue increase. Shares
of Yelp declined 10% to $61.65 in after-hours trading as the
company's earnings came in lower than expected.
Buffalo Wild Wings' third-quarter profit jumped 67% as the
restaurant chain reported strong same-store sales and lower costs
of traditional chicken wings. Shares jumped 11% to $144 in
after-hours trading, as top and bottom line results both exceeded
expectations.
Amarin said the U.S. Food and Drug Administration has rescinded
a special protocol assessment agreement for a study related to the
biotechnology company's supplemental new drug application for its
cholesterol drug Vascepa, which an FDA advisory committee voted
against earlier this month. Shares tumbled 16% to $1.76 in
after-hours trading.
DreamWorks Animation SKG Inc.'s (DWA) third-quarter profit fell
59% as the computer-animation studio's film "Turbo" disappointed.
The results, however, didn't decline as much as feared, sending
shares up 8.4% to $30.15 after hours.
Western Union Co.'s (WU) third-quarter earnings fell 20% as the
money-transfer company recorded a slight drop in revenue and an
increase in expenses. The company also said it expects to add
"significant additional investment" in compliance-related costs in
2014, in light of the current regulatory environment. Shares fell
14% to $16.55 in after-hours trading.
Shares of Cyan Inc. (CYNI) slumped in after-hours trading
Tuesday after the company issued a weaker-than-expected outlook for
the fourth quarter. The stock tumbled 12% to $6.90 after hours, as
guidance for the current quarter badly missed Wall Street's
expectations.
Baidu Inc.'s (BIDU, K3SD.SG) third-quarter profit rose 1.3%,
driven by a surge in revenue. American depositary shares of Baidu
were up 5.7% to $168.50 in after-hours trading as the company
issued upbeat guidance for the fourth quarter.
Watch List:
Aflac Inc.'s (AFL) third-quarter earnings fell 31% as impacts
from a weaker yen continued to weigh on its core operations in
Japan.
Ameriprise Financial Inc.'s (AMP) third-quarter profit more than
doubled as the financial-services company and asset manager posted
a double-digit increase in revenue amid growth across all business
segments.
Boston Properties Inc.'s (BXP) third-quarter profit more than
doubled as the office landlord reported a jump in base rent
revenue, while a key metric known as funds from operations
jumped.
Caesars Entertainment Corp.'s (CZR) third-quarter loss
drastically widened as the casino operator reported sharply higher
asset impairment charges and a slight decrease in revenue.
Coldwater Creek Inc. (CWTR) unveiled a cost-cutting plan that
the women's apparel retailer said will trim corporate work force
expenses by about 20% and include an unspecified number of layoffs
at the company.
Edison International's (EIX) third-quarter profit more than
doubled due to strength from its core operations.
Flextronics International Ltd.'s (FLEX) fiscal second-quarter
profit slipped 21% on higher overhead costs and weaker margins,
though the contract electronics manufacturer reported top-line
growth for the first time in nearly two years.
Genworth Financial Inc.'s (GNW) third-quarter earnings more than
tripled as the life and mortgage insurer's year-ago quarter was
weighed down by higher expenses.
Gilead Sciences Inc.'s (GILD) third-quarter earnings rose 17% on
strong sales growth led by biopharmaceutical company's newer HIV
drugs--Stribild and Complera.
Ixia (XXIA) on Tuesday said it had agreed to buy Net Optics Inc.
in a $190 million all-cash deal in a bid to boost its
network-monitoring portfolio.
LinkedIn Corp. (LNKD) rode continued growth in its core
recruiting business as the professional-networking service extended
its string of strong financial results.
PVH Corp. (PVH) unveiled a succession plan for its Tommy
Hilfiger division, saying Tuesday that long-term executive Daniel
Grieder will take over as the lifestyle and apparel brand's chief
executive by January 2015.
Universal Health Services Inc.'s (UHS) third-quarter profit rose
60% as the company's revenue grew and its acute-care facilities
were boosted by a favorable Medicaid policy decision in Texas.
WebMD Health Corp.'s (WBMD) swung to a third-quarter profit as
advertising demand continued to improve. The health-information
provider also agreed to acquire Avado Inc., a developer of
cloud-based patient-relationship tools. Financial terms of the deal
weren't provided.
Yamana Gold Inc.'s (AUY, YRI.T) third-quarter profit dropped 28%
as weaker metals prices and falling revenue again stung the
Canada-based gold-mining company's results.
Write to John Kell at john.kell@wsj.com
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