By Dow Jones Business News,
July 25, 2014, 09:28:00 AM EDT
Among the companies with shares expected to actively trade in Friday's session are Xerox Corp. (XRX), Moody's Corp.
(MCO) and AbbVie Inc. ( ABBV ).
Xerox said its second-quarter earnings slipped as revenue from the company's document-technology business continued to
decline. The company lifted the lower end of its adjusted per-share earnings outlook range for the year by 2 cents.
Shares dropped 1.9% to $12.60 in premarket trading.
Moody's said its second-quarter profit and revenue surged, beating analysts' expectations. The company also raised its
full-year revenue guidance. Shares rose 1.6% to $94 premarket.
AbbVie said its second-quarter earnings rose as strong global sales of its rheumatoid-arthritis drug Humira continued
to boost results. Shares were up 1% to $54.65 premarket.
Tyco International Ltd. (TYC) said its fiscal third-quarter profit surged as revenue grew and the company said it
benefited from acquisitions. Shares edged up 0.4% to $45 premarket.
Stanley Black & Decker Inc. (SWK) said its second-quarter profit rose 16%, as the company slightly increased sales
while trimming costs. The company increased its full-year outlook for adjusted earnings per share. Shares gained 1.4% to
American Electric Power ( AEP ) said its second-quarter profit rose 15% as revenue increased on rate-base growth and
rising sales in its transmission business. Shares rose slightly to $54.23 premarket.
LifePoint Hospitals Inc. (LPNT) said its second-quarter earnings jumped, leading the rural hospital operator to boost
its outlook for the year amid benefits from the health-care reform law. Shares were inactive premarket.
LyondellBasel Industries NV (LYB) said its second-quarter earnings surged to a record level as revenue jumped 9.1%.
Shares gained 3% to $105.46 premarket.
Lear Corp. (LEA) said its second-quarter profit rose 8% on sales growth in most of its geographies. The company
boosted its full-year outlook for sales and operating earnings. Shares increased 3.4% to $99.05 premarket.
Magellan Health Inc. (MGLN) said its second-quarter profit dropped as growth in costs and expenses offset an increase
in revenue. The company reaffirmed its full-year outlook. Shares were inactive premarket.
Amazon.com Inc. ( AMZN ) posted a massive sales bump but again failed to turn a profit, even as it has hinted at a
growing resolve to boost margins.
Baidu Inc.'s ( BIDU ) second-quarter profit rose sharply, as the Chinese search engine reported mobile revenue reached
30% of overall revenue.
Cerner Corp.'s (CERN) second-quarter earnings rose 14% on quarterly gains in both bookings and revenue.
Chubb Corp. (CB) posted a 14% decline in second-quarter earnings as the insurance company said results were hurt by
weather-related losses in the U.S. and a high level of homeowner and commercial fire losses.
Deckers Outdoor Corp. (DECK) reported record sales in its first fiscal quarter, driven by double-digit growth across
all major brands.
Flextronics International Ltd.'s (FLEX) first-quarter profit surged as the company reported higher sales across its
four business groups, beating its projections.
Gentiva Health Services Inc. (GTIV) has signed a nondisclosure agreement with an unidentified bidder who has offered
to buy it and said it may do the same with Kindred Healthcare Inc. (KND), if Kindred ends its partial tender offer for
HomeAway Inc. ( AWAY ) second-quarter revenue results beat expectations and the vacation-home rental website operator
raised its revenue projection for the current quarter and full year.
Lattice Semiconductor Corp. (LSCC) projected third-quarter revenue below analysts' expectations, which sent the chip
maker's shares down despite turning in better-than-expected second-quarter results.
LogMeIn Inc. (LOGM) swung to a profit in the second quarter and the Hungarian startup, now based in Boston, offered
fiscal projections for the year and current quarter that beat Wall Street projections.
Pandora Media Inc.'s (P) second-quarter loss widened as higher costs offset the Internet radio provider's continued
Principal Financial Group Inc.'s (PFG) second-quarter earnings rose 36% on stronger revenue and as the company posted
net realized capital gains.
Republic Services Inc.'s (RSG) second-quarter earnings, excluding items, rose 16% as the waste-management and
recycling company said revenue rose 5%.
Riverbed Technology Inc. (RVBD) swung to a second-quarter profit, largely due to revenue growth in its Asia-Pacific
business and stronger margins.
Starbucks Corp.'s (SBUX) quarterly earnings rose 23% on stronger sales across its regions, along with improved
transaction volumes and higher tickets.
Tempur Sealy International Inc.'s (TPX) second-quarter loss widened largely on costs associated to the disposal of
three innerspring component facilities in the U.S. and its Sealy Corp. acquisition even as its Tempur North America
business returned to growth.
Universal Health Services Inc.'s (UHS) second-quarter profit fell slightly, as operating charges offset a 10% increase
Visa Inc.'s (V) fiscal third-quarter earnings rose 11%, helped by what it called "strong" global payments volume and
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