SAN FRANCISCO – Among the companies whose shares are expected to see active trade in Tuesday's session are Target Corp., Sanmina-SCI Corp. and Adtran Inc.
Ameritrade Holding Corp. (AMTD) is expected to post per-share income of 22 cents for the third quarter.
Charles Schwab & Co. (SCHW) is expected to post per-share income for the second quarter of 20 cents.
Coca-Cola Co. (KO) is expected to report earnings per share for the second quarter of 72 cents.
International Business Machines (IBM) is expected to post earnings per share for the second quarter of $1.29.
Johnson & Johnson (JNJ) is expected to report per-share income of 97 cents for the second quarter.
Journal Communications Inc. (JRN) is expected to post second-quarter per-share income of 19 cents.
Merrill Lynch & Co. (MER) is expected to report earnings per share for the second quarter of $1.52.
New York Times Co. (NYT) is expected to post per-share income of 44 cents for the second quarter.
Yahoo Inc. (YHOO) is expected to report earnings per share for the second quarter of 11 cents.
After Monday's closing bell, Target (TGT) cut its forecast for same-store sales growth in July to a range of 3% to 4% from its prior view of 4% to 6%.
Electronics contract manufacturer Sanmina-SCI (SANM) cut its fiscal third-quarter earnings outlook due to what the company called a "less favorable product mix."
Actions Semiconductor Co. (ACTS) said second-quarter sales rose as net income climbed to $18.1 million, or 21 cents per American Depositary Share, from $17.2 million, or 22 cents per ADS, during the same period in the prior year.
Adtran Inc. (ADTN) said second-quarter sales rose as quarterly net income reached $20.8 million, or 27 cents a share, from $20.7 million, or 27 cents a share, during the same period in the prior year.
Bovie Medical Corp. (BVX) said it has filed a 510(k) marketing application with the Food and Drug Administration for an electrosurgical product for the gastroenterological market.
Buckeye Technologies Inc. (BKI) said it expects fourth-quarter profitability to be slightly above the level it achieved in third quarter. The maker of specialty fibers expects quarterly revenue to rise in the mid-single digits.
Constellation Brands Inc. (STZ) said it has agreed to create a joint venture with Grupo Modelo to import and market the Mexican brewer's beer in the United States and Guam for a 10-year period starting in January next year.
Crown Holdings Inc. (CCK) reported second-quarter net earnings of $50 million, or 29 cents a share, up from $28 million, or 16 cents a share, during the year-ago period.
Digi International Inc. (DGII) said third-quarter sales rose as net income increased to $3.35 million, or 14 cents a share, from $2.48 million, or 11 cents a share, during the same period in the prior year.
DynCorp International Inc. (DCP) said it has named Herb Lanese president and chief executive, effective immediately. Lanese replaces Stephen Cannon, who resigned after the company's initial public offering.
Federated Department Stores Inc. (FD) said it has completed the final transaction of its planned sale of Federated and May Co. credit card receivables to Citigroup Inc. (C) . The sale yielded total pretax proceeds of about $1.1 billion, as well as a pretax book gain of $6.6 million.
Franklin Electric Co. (FELE) said higher sales boosted its second-quarter net earnings to $16.4 million, or 70 cents a share, compared with $13.5 million, or 59 cents a share, in the same period last year.
Innovex Inc. (INVX) said quarterly restructuring charges decreased as the third-quarter net loss narrowed to $934,000, or 5 cents a share, from a net loss of $2.58 million, or 13 cents a share, in the same period last year.
Lindsay Manufacturing Co. (LNN) said it has increased its quarterly cash dividend 8.3% to 6.5 cents from 6 cents a share.
Microsoft Corp. (MSFT) said it is changing how it reports financial results, presenting information beginning in fiscal 2007 based on five operating segments, down from a current seven segments.
Neurocrine Biosciences Inc. (NBIX) said second-quarter revenue fell as the net loss widened to $27.4 million, or 73 cents a share, from a net loss of $5.6 million, or 15 cents a share, during the same period in the prior year.
Pactiv Corp. (PTV) said it has increased its repurchase authorization by 10 million shares to 12.1 million shares.
PPD Inc. (PPDI) said higher sales and a drop in research and development expenses boosted its second-quarter earnings to $36.4 million, or 31 cents a share, compared with $20.8 million, or 18 cents a share, in the same period last year.
RadioShack Corp. (RSH) said David Barnes has resigned as chief financial officer, and will leave the company after a transition period.
Stanley Furniture (STLY) said second-quarter sales fell as net income dropped to $3.94 million, or 32 cents a share, from $5.83 million, or 44 cents a share, during the same period in the prior year.
Timken Co. (TKR) said it now sees second-quarter earnings per share of 79 cents, or 89 cents on a pro forma basis. The Ohio provider of bearings and alloy steels had forecast a per-share result of 75 cents to 80 cents.
Universal Forest Products (UFPI) reported second-quarter net earnings of $27.3 million, or $1.41 a share, up 20% from $22.8 million, or $1.20 a share, during the year-ago period.