U.S. Hot Stocks: Hot Stocks to Watch

Among the companies with shares expected to actively trade in Tuesday's session are Citigroup Inc. (C), J.P. Morgan Chase & Co. (JPM) and Johnson & Johnson (JNJ).

Citigroup reported its third-quarter profit rose as revenue jumped, while also saying it plans to pull back from retail banking in a raft of smaller countries. Shares rose 2.5% to $51.15 in premarket trading.

J.P. Morgan Chase swung to a third-quarter profit as the bank bounced back from a year-earlier period weighed down by massive legal charges. But per-share earnings fell below analysts' estimates. Shares fell 1.4% to $57.35 premarket.

Johnson & Johnson said its third-quarter earnings rose 59% on higher pharmaceutical sales, despite a stronger U.S. dollar and a smaller boost from its Olysio hepatitis C drug that faces new competition from a recently approved pill. Shares gained 1.4% to $100.50 premarket.

Wells Fargo & Co. (WFC) posted a 2.7% rise in third-quarter net income as a continued slowdown in the bank's lucrative mortgage business was offset by better expense controls and stronger credit quality. Shares declined 1.3% to $49.55 premarket.

Google Inc. (GOOG) is expanding its delivery service and will start charging a membership fee, intensifying its battle with Amazon.com Inc. (AMZN) for consumer spending. Google's shares were up 0.7% to $549.25 premarket.

Crown Castle International Corp. (CCI) received a letter from Corvex Management suggesting the company change its capital allocation plan. Shares were up 4.3% to $81.86 premarket.

Domino's Pizza Inc. (DPZ) posted another quarter of better-than-expected results Tuesday, as the pizza maker's garlicky crusts and improved pizza recipe continue to drive sales growth. Shares gained 2.2% to $77.35 premarket.

Mallinckrodt PLC (MNK) gave a weaker-than-expected sales forecast for its new fiscal year, despite a string of recent acquisitions that have added several products to its portfolio. The company called for per-share earnings of $6.70 to $7.20, compared with a expectations of $6.80. Shares advanced 2.9% to $88.60 premarket.

Wolverine World Wide Inc. (WWW) said Tuesday its earnings rose 6.3% in the latest quarter, as lower operating expenses helped offset a slight decline in revenue. The company also lowered its revenue outlook for the year.

Signet Jewelers Ltd. (SIG, SIG.LN) said Chief Executive Michael Barnes has resigned and will be succeeded by Mark Light, the current president and chief operating officer.

People familiar with the matter say discussions are still possible between Canadian Pacific Railway Ltd. (CP, CP.T) and CSX Corp. (CSX) for a proposed merger.

 
   Watchlist: 
 

Floor and ceiling manufacturer Armstrong World Industries Inc. (AWI) on Monday cut its sales estimates for the year, citing stiffer competition and price pressure.

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

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