Among the companies with shares expected to actively trade in
Wednesday's session are HHGregg Inc. (HGG), OCZ Technology Group
Inc. (OCZ) and VOXX International Corp. (VOXX).
HHGregg projected downbeat fiscal first-quarter results, noting
continued weakness in its video business, and also lowered its
full-year guidance. The home-appliances and electronics retailer's
shares slumped 21% to $9.10 after hours.
OCZ Technology Group's fiscal first-quarter loss narrowed on
prior-year acquisition-related charges as the
data-storage-technology company reported strong revenue growth.
Shares were down 9.2% at $4.95 after hours as the adjusted loss was
wider than analysts had forecast.
VOXX swung to a fiscal first-quarter loss as the audio-equipment
maker logged heavy charges on litigation, an acquisition and
foreign-exchange translation, masking a jump in revenue. Analysts
had projected the company to post a profit. VOXX also lowered its
full-year outlook for earnings before interest, taxes, depreciation
and amortization. Shares slid 16% to $8.22 after hours.
Prospect Capital Corp. (PSEC) plans to offer 21 million shares.
Shares of the specialty finance company fell 6.3% to $11.15 after
hours.
Watchlist:
American Campus Communities Inc. (ACC) said its offering of 15
million shares of common stock priced at a 1.7% discount to
Tuesday's closing price.
Beazer Homes USA Inc. (BZH) said its offering of 22 million
shares of common stock priced at a 2.7% discount to Tuesday's
closing price.
Chubb Corp. (CB) said it expects second-quarter catastrophe
losses of approximately $200 million to $240 million before tax,
primarily due to severe hail and wind storms in the U.S.
Cliffs Natural Resources Inc. (CLF) has agreed to sell its 45%
stake in the Sonoma coal mine joint venture in Queensland,
Australia, to privately owned QCoal Sonoma Pty. Ltd. for
approximately A$141 million.
CYS Investments Inc. (CYS) said it will offer 30 million shares
and said it plans to use the proceeds to invest in residential
mortgage-backed securities issued by government-sponsored
enterprises.
Duke Energy Corp. (DUK) said three of its executives have
resigned, effective immediately, a week after the completion of the
company's merger with Progress Energy Inc. and the abrupt ouster of
its chief executive.
Goldcorp Inc. (GG, G.T) cut its full-year gold-production
guidance due to reduced output at its Red Lake mine in Ontario in
the first half of the year and expected lower production at its
Penasquito mine in Mexico in the second half.
Healthcare Services Group Inc. (HCSG) second-quarter earnings
rose 15% as the company posted strong revenue growth.
OraSure Technologies Inc. (OSUR) said its offering of 6.1
million shares of common stock priced at $12.30 a share, a 0.3%
discount to Tuesday's closing price.
Weight Watchers International Inc. (WTW) has named Nicholas P.
Hotchkin to be finance chief, succeeding Ann Sardini, who recently
retired.
Williams Partners L.P. (WPZ) and other investment partners
agreed to invest $800 million in a joint venture with Caiman Energy
II aimed at supporting oil and gas production in the Utica Shale
region.
Write to Nathalie Tadena at nathalie.tadena@dowjones.com