(Read More: See the Day's Top Percentage Winners & Losers)
J.B.Hunt Transport - J.B. Hunt reported first-quarter profit of $0.61 per share, three cents below estimates, with revenue in line with consensus. The transport company's intermodal division registered a 15 percent increase in revenue, but the trucking segment posted a decline.
Weyerhaeuser - The company has raised its quarterly dividend by 18 percent to $0.20 per share. The increase will cost the forest product producer an additional $16.3 million per quarter.
Eli Lilly - Lilly will lay off about 30 percent of its U.S. sales force, amounting to about 1,000 jobs. The layoffs come as Lilly prepares to lose patent protection for key drugs Cymbalta and Evista.
Ashland - Hedge fund Jana Partners revealed a 7.5 percent stake in the chemicals producer. Jana called Ashland's shares undervalued in a U.S. Securities and Exchange Commission filing.
Harris Corp. - Harris expects to earn $1.12 per share for its third quarter, below analysts' estimates of $1.26, with revenue also coming in light. The military contractor puts the blame on the budget sequester.
Infosys - The company forecasting revenue growth of six to 10 percent for the 2014 fiscal year, below Street estimates. The software services firm has been losing market share to competitors and has been slowing the pace of hiring.
Nasdaq OMX Group - Nasdaq slashed CEO Robert Greifeld's bonus by 62 percent to $1.35 million for 2012, stemming from the botched Facebook initial public offering last May.
Elan - Shareholders have approved a $1 billion share buyback plan. The drugmaker is in the process of trying to fend off a takeover from U.S-based investment firm Royalty Pharma.
NXP Semiconductors - NXP is revising its fourth-quarter earnings higher to $0.56 per share from the originally reported $0.56 a share, as it excludes stock-based compensation from its numbers. The former chip unit of Royal Philips Electronics has also announced a business unit realignment.
Rite Aid - Raymond James has upgraded the drug store chain to "outperform" from "market perform," following its second straight profitable quarter.
Private-Equity Firms - Wells Fargo has initiated coverage on Apollo Global Management and KKR with "outperform" ratings, and Oaktree Capital with a "market perform" rating.
Protective Life - Raymond James has upgraded the insurer to "strong buy" from "outperform," following its purchase of a life insurance policy portfolio from France's AXA.