Stocks to Watch: Kellogg, Verizon, Humana

SAN FRANCISCO – Among the companies whose shares are expected to see active trading in Monday's session are Kellogg Co., Verizon Communications Inc. and Humana Inc.

Anadarko Petroleum Corp. (APC) is expected to report first-quarter earnings of 73 cents a share, according to analysts polled by Thomson Financial.

Hilton Hotels Corp. (HLT) is expected to post earnings of 18 cents a share for the first quarter.

Humana (HUM) is expected to report first-quarter earnings of 40 cents a share.

Kellogg (K) is expected to post earnings of 68 cents a share for the first quarter.

Loews Corp. (LTR) is expected to report first-quarter earnings of 96 cents a share.

Pitney Bowes Inc. (PBI) is expected to post earnings of 67 cents a share for the first quarter.

RadioShack Corp. (RSH) is expected to report first-quarter earnings of 14 cents a share.

Sysco Corp. (SYY) is expected to post earnings of 36 cents a share for the third quarter.

Verizon (VZ) is expected to report first-quarter earnings of 54 cents a share.

Wm. Wrigley Jr. Co. (WWY) is expected to post earnings of 47 cents a share for the first quarter.

Watch list

Caterpillar Inc. (CAT) late Friday disclosed the theft of computer equipment from a vendor containing personal identity data of current and former Caterpillar employees. The Peoria, Ill., construction equipment maker said the stolen equipment was owned by a third-party pension benefits plan consultant. Caterpillar said it doesn't believe that the stolen data was the target of the theft, or that the information has been accessed or misused.

Coca-Cola Bottling Co. Consolidated (COKE) reported first-quarter net earnings of $4.65 million, or 51 cents a share, up from $815,000, or 9 cents a share, in the year-ago period. The Charlotte, N.C.-based company said revenue in the quarter rose 1.3 percent to $337.6 million from $333.2 million. Separately, Coca-Cola Bottling named Henry Flint as vice chairman.

Collins & Aikman Corp. (CKCRQ) reported a March net loss of $740 million as part of its monthly operating report for U.S. debtor entities. The Southfield, Mich.-based auto-parts maker recorded non-cash impairment charges of about $723 million, most of which is related to goodwill and included in the month's net loss. The company also recorded other non-cash charges of about $22 million related to settlements of certain accounts receivable balances, which are also included in the month's results.

CPI Corp. (CPY) said it has been notified by the New York Stock Exchange of some irregular trading in its shares. The St. Louis-based portrait photography company said it doesn't comment on unusual market activity as a matter of policy. CPI shares closed up more than 11 percent at $58.20 in regular-session trading.

Genesis HealthCare Corp. (GHCI) reported fiscal second-quarter net earnings of $5.36 million, or 26 cents a share, down 34 percent from $8.07 million, or 42 cents a share, in the year-ago period. Excluding certain items, the profit came in at 61 cents. The Kennett Square, Pa.-based company said revenue in the three months ended March 31 rose 13.7 percent to $496.1 million from $436.3 million in the same period last year. Analysts polled by Thomson Financial were expecting, on average, a per-share profit of 60 cents on revenue of $477.4 million.

GlaxoSmithKline Plc (GSK) said Food and Drug Administration has approved once-daily Veramyst nasal spray to treat seasonal and year-round allergy symptoms in adults and children two years of age and older. Veramyst will be available by prescription nationwide by late May, the company said. In addition to relieving nasal symptoms of allergies, Veramyst has demonstrated "consistent and significant improvement in relieving overall allergic eye symptoms," Glaxo said.

Inspire Pharmaceuticals Inc. (ISPH) said that the Food and Drug Administration has approved AzaSite for the treatment of bacterial conjunctivitis. The Durham, N.C.-based biopharmaceutical company said it plans to launch AzaSite in the latter part of the third. The company also said it expects to generate $30 million to $45 million in sales in the 2008 calendar year based on current manufacturing and commercial plans.

Omnicare Inc. (OCR) shares closed down more than 15 percent after the provider of pharmaceuticals to nursing homes posted a first-quarter profit drop and cut its full-year 2007 profit forecast.

UAL Corp. (UAUA) said it started distribution of 2.24 million shares to holders of allowed general unsecured claims against the company, as part of its reorganization plan. The Chicago parent company of United Airlines said the distribution follows an initial pro rata distribution of 86.2 million shares to claim holders in February 2006, and interim distributions since then. United employees will get 844,599 of the newly issued shares, bringing the total number of shares distributed to employees to 35.5 million, the company said. Overall, the company expects to distribute 115 million shares to settle all claims.