By Mia Lamar
Among the companies with shares accepted to actively barter in Wednesday’s affair are Orexigen Therapeutics Inc. (OREX), Mead Johnson Nutrition Co. (MJN) and OCZ Technology Group Inc. (OCZ).
Orexigen Therapeutics said it expects to complete acceptance in an acting abstraction of cardiovascular risks associated with its weight-loss analysis Contrave in the aboriginal division aing year, potentially abbreviation its antecedent estimates by half. Shares climbed 7.4% to $6.42 in premarket trading.
A Chinese university said it falsely accused Mead Johnson and added adopted manufacturers of affairs babyish blueprint absolute alarming additives due to testing errors, abacus to the ambiguity surrounding the assurance of dairy articles in China. The address acquired a alarm amid Mead Johnson investors, dispatch a 4% abatement in its banal Tuesday. Shares were up 4.3% to $78.50 in premarket trading.
OCZ Technology Group’s budgetary first-quarter accident narrowed on prior-year acquisition-related accuse as the data-storage-technology aggregation appear able acquirement growth. Shares were bottomward 13% at $4.73 premarket as the adapted accident was added than analysts had forecast.
HHGregg Inc. (HGG) projected beat budgetary first-quarter results, acquainted connected weakness in its video business, and additionally bargain its full-year guidance. The home-appliances and electronics retailer’s shares angled 28% to $8.32 premarket.
Shares of Abercrombie & Fitch Co. (ANF) climbed 4.5% to $34.25 in premarket trading afterwards the New York Column appear sources say the aggregation may be planning a “massive” acknowledgment of its shares. A agent for boyhood banker did not anon acknowledge to a appeal for comment.
VOXX International Corp. (VOXX) swung to a budgetary first-quarter accident as the audio-equipment maker logged abundant accuse on litigation, an accretion and foreign-exchange translation, appearance a jump in revenue. Analysts had projected the aggregation to column a profit. VOXX additionally bargain its full-year angle for balance afore interest, taxes, abrasion and amortization. Shares slid 12% to $8.58 premarket.
Prospect Capital Corp. (PSEC) affairs to action 21 actor shares. Shares of the specialty accounts aggregation fell 6.7% to $11.10 premarket.
Adtran Inc.’s (ADTN) second-quarter balance fell 43% as the company’s acquirement beneath and costs rose. Arch Controlling Tom Stanton said the after-effects “reflect a abbreviating spending environment.”
American Campus Communities Inc. (ACC) said its alms of 15 actor shares of accepted banal priced at a 1.7% abatement to Tuesday’s closing price.
Beazer Homes USA Inc. (BZH) said its alms of 22 actor shares of accepted banal priced at a 2.7% abatement to Tuesday’s closing price.
Chubb Corp. (CB) said it expects second-quarter accident losses of about $200 actor to $240 actor afore tax, primarily due to astringent barrage and wind storms in the U.S.
Cliffs Natural Resources Inc. (CLF) has agreed to advertise its 45% pale in the Sonoma atramentous abundance collective adventure in Queensland, Australia, to a endemic QCoal Sonoma Pty. Ltd. for about A$141 million.
CYS Investments Inc. (CYS) said it will action 30 actor shares and said it affairs to use the gain to advance in residential mortgage-backed balance issued by government-sponsored enterprises.
Duke Energy Corp. (DUK) said three of its admiral accept resigned, able immediately, a anniversary afterwards the achievement of the company’s alliance with Progress Energy Inc. and the brusque adjournment of its arch executive.
Eli Lilly & Co. (LLY) said Wednesday that after-effects from its analytic balloon investigating a biologic to amusement patients adversity an astute deepening of schizophrenia absent the study’s primary endpoint.
Goldcorp Inc. (GG, G.T) cut its full-year gold-production advice due to bargain achievement at its Red Lake abundance in Ontario in the aboriginal bisected of the year and accepted lower assembly at its Penasquito abundance in Mexico in the additional half.
Healthcare Services Group Inc. (HCSG) second-quarter balance rose 15% as the aggregation acquaint able acquirement growth.
KLA-Tencor Corp. (KLAC) expects budgetary fourth-quarter balance to beat its above-mentioned advice as acquirement came in a the aerial end of its projected range.
OraSure Technologies Inc. (OSUR) said its alms of 6.1 actor shares of accepted banal priced at $12.30 a share, a 0.3% abatement to Tuesday’s closing price.
VeriFone Systems Inc. (PAY) was awarded a five-year arrangement by the District of Columbia Taxicab Commission admired at amid $35 actor and $45 actor to install electronics systems to handle credit-card payments and accommodate added information.
Weight Watchers International Inc. (WTW) has called Nicholas P. Hotchkin to be accounts chief, afterwards Ann Sardini, who afresh retired.
Williams Ally L.P. (WPZ) and added advance ally agreed to advance $800 actor in a collective adventure with Caiman Energy II aimed at acknowledging oil and gas assembly in the Utica Shale region.
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