U.S. HOT STOCK FUTURES: HOT STOCKS TO WATCH

Among the companies with shares expected to actively trade in Friday's session are Oracle Corp. (ORCL), Idenix Pharmaceuticals Inc. (IDIX) and Wi-Lan Inc. (WILN, WIN.T).

Oracle reported another disappointing quarter, as revenue growth once again stalled in the latest period and the software company's newer computer business continued to decline. The company managed to post a 10% boost in net income for the fourth fiscal quarter ended May 31, but adjusted earnings missed its expectations. Shares were down 8.9% to $30.27 after hours.

Idenix said planned clinical trials for one of its experimental hepatitis C drugs have been put on hold after regulators requested additional safety data, dealing a blow to what analysts said is the company's most promising compound. Shares slumped 26% to $3.81 after hours.

Wi-Lan agreed to a broad long-term renewal of a licensing agreement with Samsung Electronics Co. (SSNHY, 005930.SE) for the Ottawa-based company's patents for wireless products. The technology licensing company's shares climbed 14% to $4.70 after hours.

Ashford Hospitality Trust's (AHT) offering of 11 million shares priced at a 3.5% discount to the lodging-industry real-estate investment trust's closing price. Shares were down 3.1% to $12.05 after hours, above the offering's $12 a share price.

 
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American Express Co. (AXP) named McKesson Corp.'s (MCK) chief financial officer, Jeffrey C. Campbell, as its new finance chief, succeeding Daniel Henry, who last month announced plans to retire.

Agricultural giant Archer Daniels Midland Co. (ADM) confirmed it is in discussions about the potential sale of its cocoa business, a unit that represents a small part of its revenue.

Five Below Inc. (FIVE) and Brookfield Renewable Energy Partners L.P. (BEP) both postponed stock offerings due to current capital market conditions.

Home Loan Servicing Solutions Ltd. (HLSS) said its upsized offering of 13 million shares priced at $23 a share, a 2.2% discount to its Thursday closing price.

Moody's Investors Service upgraded Lions Gate Entertainment Inc.'s credit rating by one notch, citing increased financial flexibility and significant free cash flow. Moody's lifted the corporate family rating for the parent of Lions Gate Entertainment Corp. (LGF) to Ba3.

Medtronic Inc.'s (MDT) board has approved a 7.7% increase in its cash dividend and raised its stock repurchase authorization by 80 million shares, as the medical device maker looks to increase shareholder value.

Tibco Software Inc.'s (TIBX) fiscal second-quarter earnings fell 67% as the cloud platform provider reported declining licensing revenue, weaker margins and higher operating costs.

Standard & Poor's Ratings Services placed Walter Energy Inc.'s (WLT, WLT.T) speculative-grade ratings on CreditWatch with negative implications on the coal producer's announcement that it won't proceed with a plan to refinance a portion of its debt.

Write to Nathalie Tadena at [e-mail]

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