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

07/19/2012| 06:43am US/Eastern

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Among the companies with shares expected to actively trade in Thursday's session are eBay Inc. (>> eBay Inc), International Business Machines Corp. (>> International Business Machines Corp.) and Mellanox Technologies Ltd. (MLNX, MLNX.TV).

EBay Inc. (>> eBay Inc) said Wednesday both its core business and its PayPal payments unit have continued to turn in strong performances, helping send the Internet pioneer's shares up 5.2% to $42.57 in late trading. Revenue beat expectations.

International Business Machines Corp. (>> International Business Machines Corp.) boosted its guidance for full-year earnings, alleviating some worries about tech spending, even as its revenue fell short of expectations for the fourth-straight quarter amid "pretty significant" currency headwinds. Shares gained 2.8% to $193.55 after hours.

Mellanox Technologies Ltd.'s (MLNX, MLNX.TV) second-quarter earnings soared as the data-storage company's better-than-expected revenue broke a new record. Shares jumped 43% to $95.15 after hours Wednesday as adjusted earnings sharply beat analysts' expectations.

Anthera Pharmaceuticals Inc. (>> Anthera Pharmaceuticals Inc) said it will offer an undisclosed number of shares, intending to use the proceeds for the drug maker's general corporate purposes. Shares were down 14% to $1.15 after hours.

Diana Containerships Inc. (>> Diana Containerships Inc) plans to offer 8.1 million shares to raise funds for general corporate purposes, including vessel acquisitions and working capital. Shares dropped 15% to $6.15 after hours.

Ignite Restaurant Group Inc. (>> Ignite Restaurant Group Inc) said it plans to correct and restate some previously issued financial statements and is starting a detailed review of its accounting practices, after it uncovered some non-cash errors related to its accounting treatment of certain leases. Shares sank 15% to $16.16 after hours.

Qualcomm Inc.'s (>> QUALCOMM, Inc.) fiscal third-quarter profit rose 17% as the chip maker continued to see strong demand for its smartphone technology. Shares jumped 5.8% to $59.30 after hours.

Select Comfort Corp.'s (>> Select Comfort Corp.) second-quarter earnings jumped 50% as the mattress seller saw strong sales through its company-exclusive distribution system. Results beat analyst expectations and the company also raised its full-year per-share adjusted earnings. Shares jumped 17% to $25.50 after hours.

Skyworks Solutions Inc.'s (>> Skyworks Solutions Inc) fiscal third-quarter earnings fell 4.3% as the wireless-semiconductor company posted higher costs that outpaced improved revenue. However, shares popped 8.2% to $28.80 a share after-hours as the company topped its quarterly estimates.

 
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American Express Co.'s (>> American Express Company) second-quarter profit was essentially flat as the pace of customer card spending slowed, though it continued to benefit from historically low loan losses.

Capital One Financial Corp.'s (>> Capital One Financial Corp.) second-quarter earnings plunged 90% from a year earlier as the company booked a slew of charges related to its acquisition of HSBC Holdings PLC's (HBC, 0005.HK, HSBA.LN) U.S. credit-card portfolio and a settlement with U.S. regulators.

Crown Holdings Inc.'s (>> Crown Holdings, Inc.) second-quarter earnings edged 3.9% higher as the food-packaging maker recorded a gain from insurance proceeds, masking a decline in revenue.

F5 Networks Inc.'s (>> F5 Networks, Inc.) fiscal third-quarter profit rose 16% on healthy network-security demand, though the company warned cautious economic sentiment would drag on current-quarter results.

Greenhill & Co. (>> Greenhill & Co., Inc.) said its second-quarter profit fell 90% to $2.2 million on significantly lower revenue from advisory services compared to last year's strong quarter.

Kinder Morgan Energy Partners LP's (>> Kinder Morgan Energy Partners LP) second-quarter earnings fell 33% as the company posted losses related to fair value impacts related to discontinued operations. Meanwhile, Kinder Morgan Inc. (>> Kinder Morgan Inc), which owns Kinder Morgan Energy's general partner, swung to a loss, also citing the fair-value impacts.

Nanosphere Inc. (>> Nanosphere, Inc.) intends to offer shares to raise proceeds for general corporate purposes and working capital. The medical diagnostic-test developer didn't indicate how many shares it plans to sell.

Noble Corp.'s (>> Noble Corporation) second-quarter earnings surged more than expected as the offshore-oil driller saw contract dayrates continue to rise.

RLI Corp.'s (>> RLI Corp.) second-quarter earnings fell 45% as the specialty insurer's expenses rose, though the company saw an increase in earned premiums.

SLM Corp.'s (>> SLM Corporation) second-quarter core profit rose slightly as its private-lending business continued to expand and expenses and loan-loss provisions again fell. But sliding interest income and higher funding costs in its legacy government-backed loan portfolio restrained earnings.

Stryker Corp.'s (>> Stryker Corporation) second-quarter earnings rose 4.8% as the company absorbed some charges, while sales growth was hampered by unfavorable foreign-currency rates and softness in international orthopedic markets.

Thor Industries Inc. (>> Thor Industries, Inc.) has tapped Bob Martin to be the recreational-vehicle maker's president and chief operating officer.

Werner Enterprises Inc.'s (>> Werner Enterprises, Inc.) second-quarter earnings rose 11% as the trucking company recorded improved margins and growth in its logistics business.

Yum! Brands Inc. (>> Yum! Brands, Inc.), which owns the Pizza Hut, KFC and Taco Bell fast-food chains, saw its profit rise 4.8% in the latest quarter, as improvements at Taco Bell boosted its U.S. business, which is becoming more important given the pullback in China's economic growth.

Xilinx Inc.'s (>> Xilinx, Inc.) fiscal first-quarter earnings fell 16% as the chip maker saw sales declines in most of its main end markets.

-Write to Nathalie Tadena at nathalie.tadena@dowjones.com

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