U.S. Hot Stocks Futures: Hot Stocks to Watch

Among the companies with shares expected to actively trade in Wednesday's session are Hewlett-Packard Co. (HPQ), Infoblox Inc. (BLOX), and Tilly's Inc. (TLYS).

Hewlett-Packard posted weaker fiscal fourth-quarter sales, the ninth-consecutive top-line decline, as the computer maker reported weaker software and printing revenue. But H-P swung to a profit in the latest quarter and results for the quarter topped analyst expectations. Investors cheered the news, sending shares up 6.1% to $26.63 in premarket trading.

Infoblox's fiscal first-quarter loss widened slightly despite strong revenue growth as margins weakened and costs rose. The network-automation company shares slid 18% to $36.89 premarket as it projected fiscal second-quarter earnings and revenue below analysts' expectations.

Teen retailer Tilly's issued a dismal profit outlook for the fiscal fourth quarter, as weak traffic trends and high promotions are expected to hurt the bottom line. Shares slumped 24% to $12.03 premarket as Tilly's tempered its fiscal full-year outlook and reported weaker-than-expected revenue for the third quarter.

AeroVironment Inc.'s (AVAV) fiscal second-quarter profit fell 81% on a sharp decline in revenue and margins. However, shares were up 4.4% at $28.10 in premarket trading as the maker of pilotless drones and rechargeable-batteries reported adjusted earnings and revenue that topped expectations.

Shanda Games Ltd.'s (GAME) third-quarter earnings fell 1.6% despite growth in the game developer's revenue driven by its mobile-game segment. Morgan Stanley analysts aren't impressed with the company's PC game pipeline, while sales of its top PC games dropped in the latest period. Shares declined 5.1% to $3.90 premarket.

 
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Analog Devices Inc.'s (ADI) fiscal fourth-quarter earnings rose 13% as stronger margins and asset-sale gains and other items offset the chip maker's lower revenue.

Bio-Reference Laboratories Inc. (BRLI) projected fiscal-fourth quarter earnings below expectations and also gave a cautious view for the recently started fiscal year. The clinical-testing company said it has been under pressure from reimbursement rates, higher costs stemming from upgrading acquisitions in Florida and California, as well as substantial start-up costs for its inherited cancer program.

CVS Caremark Corp. (CVS) agreed to buy medical provider Coram LLC from Apria Healthcare Group Inc. for roughly $2.1 billion, continuing its push into the specialty-drug market. Coram provides infusion therapies--giving medicine through a needle or catheter

Lime Energy Co. (LIME) fired Chief Executive John O'Rourke while simultaneously promoting President and Chief Operating Officer Adam Procell to the top post.

TiVo Inc.'s (TIVO) fiscal third-quarter revenue jumped as the maker of TV set-top boxes added more subscribers, though profit for the period slid 79% as last year's results included $78.4 million in litigation proceeds.

Zale Corp.'s (ZLC) fiscal first-quarter loss narrowed as the jewelry retailer reported higher same-store sales across nearly all stores it operates and overall margin growth.

Write to Lauren Pollock at [e-mail]

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