Among the companies with shares expected to actively trade in Friday's session are J.P. Morgan Chase & Co. (>> JPMorgan Chase & Co.), Wells Fargo & Co. (>> Wells Fargo & Co) and Gap Inc. (>> The Gap Inc.):
Coldwater Creek Inc. (>> Coldwater Creek Inc.) on Friday said it had filed for Chapter 11 bankruptcy protection in Delaware, and that it would begin liquidation sales in May. The company said it couldn't find a buyer or enough capital to fund its business. Shares dropped 63% to seven cents in premarket trade.
Fastenal Co. (>> Fastenal Company) said its first-quarter earnings rose 2.6% as the company's revenue increased even as severe winter weather challenged its ongoing investment plans to expand growth. Shares rose 2.9% to $52.20 in premarket trade.
Gap's March same-store sales fell 6%, missing expectations for a 4.7% decrease. Shares fell 4% to $37.74 premarket.
J.P. Morgan's first-quarter results missed Wall Street estimates, with earnings tumbling 19% as the bank grappled with weak fixed-income trading results, while mortgage revenue also suffered. Shares declined 3.7% to $55.30 premarket.
Wells Fargo posted a rise in first-quarter net income even as the banking giant's revenue dropped from the year-earlier quarter. The results topped expectations. Shares rose 1% to $48.19 in premarket trade.
Amazon.com Inc. (>> Amazon.com, Inc.) agreed to acquire digital-comics provider comiXology, scooping up an app that has been a top-grossing performer on the iPad in recent years. Terms of the deal, which is expected to close in the second quarter, weren't disclosed.
Carlyle Group L.P. (>> The Carlyle Group LP) named Jeffrey C. Holland as the private-equity firm's head of private client group, a newly created position. Mr. Holland, who was most recently chief operating officer for Cole Real Estate Investments Inc., will oversee the group responsible for developing Carlyle's relationships with individual investors and intermediaries serving them.
Epam Systems Inc. (>> EPAM Systems Inc) said first-quarter results will exceed the information-technology services provider's expectations, and the geopolitical crisis in Ukraine has had no impact on its performance in the region. The software provider also disclosed an executive intends to retire for health reasons.
Gastar Exploration Inc. (>> Gastar Exploration Inc) said it resumed some of its production Wednesday evening at a West Virginia operation that had been shut in for 4 1/2 days after a Saturday morning rupture in a pipeline operated by Williams Partners LP (>> Williams Partners L.P.).
H&R Block Inc. (>> H & R Block Inc) agreed to sell its bank business to a unit of BofI Holding Inc., which will take the tax-preparation company out of a sector that has been hit by increasing regulation.
Impax Laboratories Inc. (>> Impax Laboratories Inc) on Friday said it had resubmitted its new drug application for Parkinson's disease treatment Rytary to the U.S. Food and Drug Administration, more than two years after it first filed one for the drug.
Jana Partners LLC said Thursday it continues to be pleased with shareholder-friendly steps taken by Outerwall Inc. (>> Outerwall Inc) as the activist investor disclosed it has again pared its stake in the operator of Redbox video-rental kiosks.
Safeway Inc. (>> Safeway Inc.) said Thursday that the Federal Trade Commission has asked for more information in connection with the grocery store operator's plan to combine with Albertsons.
Varian Medical Systems Inc. (>> Varian Medical Systems, Inc.) agreed to pay $35 million to the University of Pittsburgh to settle a patent dispute that began in 2007.
Yingli Green Energy Holding Co. (>> Yingli Green Energy Hold. Co. Ltd. (ADR)) warned of greater than projected declines of photovoltaic module shipments in the first quarter, though higher prices should bolster margins more than anticipated.
Write to John Kell at firstname.lastname@example.org
Stocks mentioned in the article : JPMorgan Chase & Co.
, Outerwall Inc
, Safeway Inc.
, Varian Medical Systems, Inc.
, Yingli Green Energy Hold. Co. Ltd. (ADR)
, Wells Fargo & Co
, Williams Partners L.P.
, Impax Laboratories Inc
, Amazon.com, Inc.
, The Carlyle Group LP
, Coldwater Creek Inc.
, EPAM Systems Inc
, Fastenal Company
, The Gap Inc.
, Gastar Exploration Inc
, H & R Block Inc