Among the companies with shares expected to actively trade in
Wednesday's session are Apollo Education Group Inc. (APOL), DFC
Global Corp. (DLLR) and MannKind Corp. (MNKD).
Apollo Education said its fiscal second-quarter earnings rose 8%
on lower restructuring-related expenses and other one-time items
that masked continuing declines in enrollment at the for-profit
education company. Revenue missed expectations, sending shares down
3.7% to $33.85 premarket.
Autobytel Inc. (ABTL) raised its first-quarter revenue estimate
as it incorporates its recently completed acquisition of AutoUSA.
Shares rose 3.9% to $12.50 premarket.
Cheniere Energy Inc. (LNG) said Spanish energy company Endesa SA
(ELEZY, ELE.MC) agreed to purchase about 1.5 million tons a year of
liquified natural gas from the Houston-based company's planned
Corpus Christi export operations. The agreement is for 20 years
from the first commercial delivery, which is expected to start as
soon as 2018. Shares edged up 2.4% to $58.99 premarket.
DFC Global agreed to be acquired by private-equity firm Lone
Star Funds LLC for about $367 million in a deal that would take the
operator of check-cashing stores private. The move comes as DFC
Global also again lowered its outlook for the fiscal year and
projected third-quarter revenue well below analysts' expectations.
Shares rose 7.4% premarket to $9.65 premarket.
MannKind said a Food and Drug Administration advisory committee
recommended approval of the biopharmaceutical company's
investigational inhaled therapy for diabetes, Afrezza. Shares
surged 86% to $7.48 premarket.
Stanley Furniture Co. (STLY) said it will close a North Carolina
factory that manufactures its Young America brand, shifting
operations to its growing Stanley line. The move will delay the
company's first-quarter report until after the market closes on
April 30 as the company evaluates restructuring charges. Shares
dropped 4.8% to $2.60 premarket.
Watch List:
Advanced Micro Devices Inc. (AMD) said it expects to pay
Globalfoundries, the company that manufactures most of its computer
chips, about $1.2 billion this year under the companies' wafer
supply agreements, roughly in line with last year's estimates.
Home Depot Inc. (HD) said that its board's lead director, Bonnie
G. Hill, won't stand for re-election at the home-improvement
retailer's annual shareholder meeting.
Jos. A. Bank Clothiers Inc. (JOSB) said its fiscal
fourth-quarter sales rose slightly as a strong holiday period
buoyed results but was offset by the impact of severe winter
weather after the season. The men's clothing retailer said the
current quarter has gotten off to a strong start, however.
Monsanto Co. (MON) said its fiscal second-quarter earnings grew
13% as the agribusiness giant reported continued strength in its
soybean seed sales as well as improved margins. Results beat
expectations.
UniFirst Corp. (UNF) said its fiscal second-quarter earnings
fell 3.7%, as the uniform-rental company reported higher expenses
and an unfavorable comparison with the prior year. Results missed
expectations and the company lowered the top end of its earnings
outlook for the year.
VistaPrint NV (VPRT) agreed to acquire most of e-commerce
printing firm Pixartprinting SRL for roughly EUR127 million ($175
million), expanding the breadth of the online printing-services
provider's range of product offerings.
Wells Fargo & Co. (WFC) said Timothy J. Sloan will leave his
current post as finance chief and take over the wholesale banking
group, effective May 15, succeeding the retiring David A. Hoyt.
Write to Anna Prior at anna.prior@wsj.com and Lauren Pollock at
lauren.pollock@wsj.com
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