Among the companies with shares expected to actively trade in
Thursday's session are Bank of America Corp. (BAC), Wendy's Co.
(WEN) and Mylan Inc. (MYL).
Bank of America and the Justice Department are closing in on a
landmark deal in which the bank will pay $16 billion to $17 billion
to resolve allegations of mortgage-related misconduct in the run-up
to the financial crisis, according to people familiar with the
matter. Shares rose 1.4% to $15.41 premarket.
Wendy's said its second-quarter earnings more than doubled as it
continued to record gains from the sale of company-owned locations.
The company also unveiled a plan to sell all of its
company-operated Canadian restaurants to franchisees. Shares rose
1.8% to $8.12 premarket.
Mylan said its second-quarter revenue fell 30%, as higher
expenses masked the company's revenue increase. The company also
trimmed the top of its full-year profit and revenue outlook. Shares
dropped 1.1% to $47.40 premarket.
Goldman Sachs Group Inc. (GS) lowered the top end of a range of
"reasonably possible" legal costs to $3.2 billion, the Wall Street
firm said in a regulatory filing. Shares rose slightly to $170.52
premarket.
Duke Energy Corp. (DUK) said its second-quarter earnings rose
80% as its regulated utilities business benefited from favorable
weather and a lower tax rate. The company raised its full-year
adjusted per-share earnings outlook. Shares gained 1.3% to $70.71
premarket.
Brinker International Inc. (EAT) said its fourth-quarter profit
fell as the company posted rising costs that masked improving
sales. Shares jumped 6.2% to $47.19 premarket.
Orbitz Worldwide Inc. (OWW) said its second-quarter earnings
surged as it benefited from stronger demand and the year-earlier
period was hit by debt-extinguishment losses. Shares improved 4.3%
to $9.45 premarket.
IntercontinentalExchange Inc.'s (ICE) second-quarter results
topped analysts' expectations as the company made progress in
selling off several businesses previously part of the NYSE.
Manulife Financial Corp. (MFC, MFC.T) raised its dividend by 19%
as it posted a second-quarter profit that missed analysts'
expectations despite setting a record for funds under
management.
Watchlist:
21st Century Fox Inc. (FOXA) reported a better-than-expected
profit for its fiscal fourth-quarter as the entertainment company
benefited from strength in its film unit and continued growth at
its cable networks.
CenturyLink Inc.'s (CTL) second-quarter profit fell 28% on
higher operating expenses and costs from recent acquisitions.
CF Industries Holdings Inc.'s (CF) second-quarter profit fell
37% as the fertilizer producer was hurt by lower prices and higher
natural gas costs.
Digital coupons company Coupons.com Inc.'s (COUP) second-quarter
loss widened sharply, largely on stock-based compensation costs,
though revenue and transaction counts improved.
CST Brands Inc. (CST) agreed to acquire the membership interests
of Lehigh Gas GP, the general partner of Lehigh Gas Partners LP
(LGP), for a total consideration of roughly $85 million.
Dynegy Inc.'s (DYN) second-quarter loss narrowed and the
electric-power generation company reported that revenue soared,
partly owing to higher prices.
Energy Transfer Partners LP's (ETP) second-quarter earnings rose
47% as it reported revenue growth across most of its main business
segments, while affiliate Energy Transfer Equity LP (ETE) reported
earnings growth of 29%.
Hasbro Inc.'s (HAS) top executive disclosed Wednesday that he
has been diagnosed with prostate cancer and has been undergoing
treatment. President and Chief Executive Brian D. Goldner said he
will continue to fulfill his duties on a full-time basis without
interruptions.
Jack in the Box Inc. (JACK) swung to a fiscal third-quarter
profit, while sales rose at the company's namesake burger chain and
its Qdoba Mexican Grill brand.
J.M. Smucker Co. (SJM) has agreed to buy Sahale Snacks Inc., a
maker of nut and fruit snacks. Financial terms of the deal weren't
disclosed.
Keurig Green Mountain Inc.'s (GMCR) fiscal third-quarter
earnings rose 33%, bolstered by sales of the company's single-serve
coffee packs and demand for its Keurig brewers.
Plains All American Pipeline LP's (PAA) second-quarter earnings
fell 1.7% on higher costs that masked growth in the master-limited
partnership's transportation segment.
Prudential Financial Inc. (PRU) swung to a second-quarter profit
as the insurer said all of its operating divisions posted higher
earnings.
Symantec Corp. (SYMC) reported its fiscal first-quarter profit
jumped 50% as the company cut operating costs while revenue
grew.
Medical-device company Thoratec Corp. (THOR) said on Wednesday
its second-quarter profit fell by nearly 25% as costs rose and
revenue fell, driven by its HeartMate line of heart implants that
has been the focus of safety concerns.
Transocean's (RIG) second-quarter profit rose 91% as the
offshore oil driller reported lower expenses.
Write to Tom Rojas at tom.rojas@wsj.com and Maria Armental at
maria.armental@wsj.com
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