U.S. Hot Stocks: Hot Stocks to Watch

Among the companies with shares expected to actively trade in Friday's session are Blackstone Group L.P. (BX), Exact Sciences Corp. (EXAS) and Amazon.com Inc. (AMZN).

Blackstone said Friday it will spin of its financial and strategic advisory services operation into a separate publicly traded company with PJT Partners. Shares were up 0.6% to $29.95 in premarket trading.

Exact Sciences said Medicare recommended a higher-than-expected reimbursement for its colon cancer screening test--a boost for the company as it moves to commercialize the test. Shares jumped 36.1% to $24.66 premarket.

Amazon plans to open its first brick-and-mortar store, according to people familiar with the plans. The company is also in talks with at least three studios to join the Ultraviolet digital-movie "locker" consortium, according to several people with knowledge of the situation. Shares slipped 0.6% to $313.45 premarket.

Medtronic Inc. (MDT) said Friday its chairman and chief executive Omar Ishrak will remain at the helm of the new combined company after the medical-device maker's acquisition of Covidien PLC (COV) is complete. Medtronic's shares ticked down 0.6% to $63.30 premarket.

David Einhorn's Greenlight Capital Inc. on Thursday disclosed it had taken a 9.99% stake in Civeo Corp. (CVEO) and was pushing for the company to oust its top executive and convert to a real estate company, according to a regulatory filing. Shares rose 8.7% to $13.33 premarket.

Tesla Motors Inc. (TSLA) unveiled an automated driving system designed to enhance visibility, prevent accidents and even allow vehicles to park themselves. Shares fell 5.1% to $243.95 premarket.

Starboard Value L.P. is poised to unseat the entire board of Darden Restaurants Inc. (DRI) at the company's annual meeting Friday, say people familiar with both sides of the vote.

Google Inc. (GOOG, GOOGL) suffered another setback on privacy issues, this time in Japan, following a European court ruling that gave Internet users the right to ask the company to remove information about them from search results.

Dave & Buster's Entertainment Inc. on Thursday said its initial public offering priced at $16, the low end of its previously announced range of $16 to $18. The shares are to begin trading Friday under the symbol "PLAY."

 
   Watchlist: 
 

AngioDynamics Inc. (ANGO) said it plans to revise three years of its financial statements to correct errors identified while preparing its latest quarterly results.

Family Dollar Stores Inc. (FDO) said its earnings fell 66% in its August quarter as expenses related to the discount retailer's pending acquisition by Dollar Tree Stores Inc. (DLTR) and restructuring-related items offset sales growth.

Helen of Troy Corp.'s (HELE) recent acquisition of Healthy Directions lifted the company's second-quarter results, topping the bleak outlook the company issued last month.

Juniper Networks Inc. (JNPR) cut its third-quarter guidance, citing lower-than-expected demand from service providers, particularly in the U.S.

Microchip Technology Inc. (MCHP) on Thursday said it will report disappointing sales for the September quarter, results the semiconductor company said suggest "another industry correction."

Post Holdings Inc. (POST) named Chief Financial Officer Robert V. Vitale as the cereal maker's new chief executive and announced a business reorganization.

Symantec Corp. (SYMC) plans to break up its security and information- management businesses into two publicly traded companies, becoming the latest tech company to split up operations.

Write to Tom Rojas at [e-mail] and Maria Armental at [e-mail]

Subscribe to WSJ: http://online.wsj.com?mod=djnwires