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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Alliance Fiber Optic Products, Inc. | NASDAQ:AFOP | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 18.51 | 18.48 | 18.50 | 0 | 01:00:00 |
Among the companies with shares expected to actively trade in Wednesday's session are Alliance Fiber Optic Products Inc. (AFOP), Adobe Systems Inc. (ADBE) and Dollar Tree Inc. (DLTR).
Alliance Fiber Optic expects third-quarter sales to exceed the previous outlook thanks to stronger-than-expected customer orders. Shares of the company, which makes high-performance fiber-optic components and integrated modules used by communications-equipment manufacturers, jumped 14% to $22.99 in after-hours trading Tuesday.
Adobe Systems's fiscal third-quarter profit dropped 59% as the software company reported falling product sales and a jump in operating expenses. But Adobe added more "Creative Cloud" subscribers than many Wall Street observers anticipated, news that sent shares 5.2% higher, to $50.64, after hours Tuesday.
Dollar Tree said its board of directors has authorized the repurchase of up to $2 billion in shares, including a $1 billion variable maturity accelerated share repurchase. The discount retailer's shares climbed 3.5% to $57.79 after hours Tuesday.
Watchlist:
Apache Corp. (APA) will sell some oil- and gas-producing operations in Canada in two separate transactions valued at a combined $112 million, a move that comes weeks after the firm struck a deal to sell a stake in its Egypt business. Apache has announced divestitures totaling nearly $7.2 billion in recent months.
Two financial executives at Health Management Associates Inc. (HMA) agreed to leave the hospital operator, departures that follow the recent retirement of former President and Chief Executive Gary D. Newsome. In a filing with the Securities and Exchange Commission, Health Management said Chief Financial Officer Kelly Curry and senior vice president of finance Kerrin Gillespie separately agreed to leave the company, effective Sept. 13.
Steel Dynamics Inc. (STLD) provided a third-quarter earnings outlook, with the top of the range in line with Wall Street expectations, as the steelmaker said it expects profitability from steel operations to increase from the second quarter.
Moody's Investors Service raised its outlook on TRW Automotive Inc.'s (TRW) ratings, a rosier view attributed to the auto-parts maker's balanced financial policy and restructuring actions in Europe.
Write to John Kell at john.kell@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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