Among the companies with shares expected to actively trade in Wednesday's session are Priceline.com Inc. (PCLN), First Solar Inc. (FSLR) and Accretive Health Inc. (AH).
Priceline.com's bookings momentum was back on the ascent in fourth quarter, with earnings rising 28% as international business surged. Shares rose 3.8% after hours to $704 as the company's adjusted earnings came in ahead of guidance.
First Solar swung to a fourth-quarter profit as the solar-panel maker's revenue strengthened and as hefty goodwill impairment charges weighed on year- ago results. Shares sank 11% to $27.91 after hours, as the company provided weak guidance for the current quarter. Shares of fellow solar panel maker SunPower Corp. (SPWR) were down 4.4% at $11.18 after hours.
Accretive Health is postponing the release of its fourth-quarter and full-year results because it is evaluating the timing of revenue recognition for its revenue-cycle management agreements. Shares tumbled 20% to $9.70 after hours as the company said it is withdrawing the financial guidance it provided in November.
Big 5 Sporting Goods Corp. (BGFV) swung to a fiscal fourth-quarter profit as revenue rose and impairment charges hurt the company's year-earlier results. However, shares climbed 7.9% to $16.35 after hours as the sporting goods retailer provided upbeat earnings guidance for the first-quarter and raised its quarterly dividend.
Edison International's (EIX) fourth-quarter loss narrowed as the utility company's Southern California Edison utility posted stronger results. Shares rose 4.1% to $48 after hours as the company forecast core earnings for the new year above analyst expectations.
Guidewire Software Inc.'s (GWRE) fiscal second-quarter earnings climbed 49% as the provider of software for property/casualty insurers reported double-digit revenue gains across its segments. Shares jumped 14% to $36.03 after hours as results topped the company's expectations.
Meru Networks Inc. (MERU) unveiled plans to offer common stock, but didn't specify how many shares it is selling. The company, which makes wireless local area network products, had 18.3 million shares as of Dec. 31. Shares slumped 9.3% to $3.72 after hours.
Papa John's International Inc. (PZZA) has restated its financial results for the 2009 through 2011 fiscal years as well as the first three quarters of 2012 due to an accounting error for one of its joint-venture agreements. The pizza- delivery company on Tuesday also reported its fourth-quarter earnings rose 9.2% as it benefited from an extra week of sales in the latest period, though core earnings fell short of analyst expectations. Shares were down 8.2% at $52 after hours.
American Water Works Co.'s (AWK) fourth-quarter earnings fell 14% as the water-utility-holding company was hurt by higher expenses that masked revenue growth at its regulated businesses.
Avago Technologies Ltd.'s (AVGO) fiscal first-quarter earnings were flat while the chip maker said Chief Financial Officer Douglas Bettinger has resigned.
Fitch Ratings downgraded its credit ratings on Avon Products Inc. (AVP) to junk teritory, the first of the three major ratings firms to do so, citing the door-to-door cosmetics vendor's continued decline in U.S. revenues and lack of sustainable income growth in key international markets.
BB&T Corp. (BBT) said it will record a charge of $281 million in the first quarter to increase its reserves related to an ongoing disputed tax liability.
DreamWorks Animation SKG Inc. (DWA) said Tuesday it took a write-down of $165 million in the fourth quarter of 2012 due to the weak box-office performance of one movie and the decision to halt production of another. It reported it swung to a loss for the fourth-quarter.