U.S. HOT STOCK FUTURES: HOT STOCKS TO WATCH
06/14/2012| 06:44am US/Eastern
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Among the companies with shares expected to actively trade in Thursday's session is Aegerion Pharmaceuticals Inc. (>> Aegerion Pharmaceuticals, Inc.).
Aegerion unveiled plans to offer an undisclosed number of shares of common stock, as the biopharmaceutical company looks to raise funds for activities related to the regulatory approval and commercialization of its lead product candidate. Shares were off 6.6% after hours.
Watchlist:
Codexis Inc. (>> Codexis, Inc.) said its interim chief financial officer, Brian Dowd, will resign at the end of this month in order to accept a position at a private technology company.
C.R. Bard Inc. (>> C.R. Bard, Inc.) raised its quarterly dividend by 5.3% and also authorized an additional $500 million in share repurchases, as the medical-device maker looks to increase value for its shareholders.
Korn/Ferry International's (>> Korn/Ferry International) fiscal fourth-quarter earnings fell 41% as the executive-search firm was hurt by higher costs as fee revenue rose modestly.
Moody's Investors Service downgraded commercial printer R.R. Donnelley & Sons Co. (>> R.R. Donnelley & Sons Company), saying it is concerned the company will forgo efforts to lower its debt to instead continue focusing on shareholder returns.
Spartech Corp.'s (SEH) fiscal second-quarter income rose 40% as the packaging company posted improved margins and stronger sales in its color and specialty compounding segment.
United Technologies Corp. (UTX) raised its quarterly dividend 11% as the industrial conglomerate looks to increase value for its shareholders.
-Write to Nathalie Tadena at nathalie.tadena@dowjones.com
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