Abercrombie & Fitch–Jefferies added the apparel retailer's stock to its "franchise list", saying management has positioned Abercrombie for significant margin expansion.
Bloomin' Brands—The parent of the Outback Steakhouse chain reported second quarter earnings of 27 cents per share, excluding certain items, two cents short of estimates. The company said it did not completely recover— especially where dinner business was concerned—from the adverse prior quarter impact of severe winter weather.
Motorola Solutions–The company missed estimates by 16 cents with second quarter profit of 47 cents per share, excluding certain items, and revenue was short of Street forecasts as well. The communications equipment maker plans to increase its cost-cutting targets, and said it's made significant progress toward simplifying its operations.
Office Depot–The office supplies retailer reported an unexpected profit of two cents per share, with sales beating estimates. Office Depot said its anticipated savings from its merger with rival OfficeMax will be larger than originally thought.
Community Health Systems–The hospital operator will pay $89 million to settle a government probe into its billing practices.
Tenet Healthcare—The hospital operator raised its full-year outlook, thanks to strong growth in patient admissions.
AIG–The insurance behemoth reported second quarter earnings of $1.25 per share, excluding certain items, 20 cents above estimates. Revenue was also well above expectations, with the insurer registering gains across all its business segments.
Avis Budget–Avis beat estimates by seven cents, reporting second quarter profit of 68 cents per share, excluding certain items. The car rental company also raised its full year revenue and profit forecast on greater North American demand and higher rental rates.
RetailMeNot–The company reported second quarter profit of eight cents per share, missing estimates of 17 cents, though the online coupon company's revenue was in line with forecasts. RetailMeNot increased product development costs during the quarter by nearly 90 percent compared to a year earlier.
LeapFrog– The company lost 23 cents per share for its first quarter, two cents wider than Wall Street had been forecasting, with revenue missing estimates as well. High inventory levels and lower profit margins impacted results, and the toymaker is also forecasting an unexpected loss for the current quarter.
ITT Educational Services—CEO Kevin Modany has stepped down as chairman of the for-profit education company, and will resign as CEO on February 4. That follows the failure of a potential deal for the company to sell some of its assets.
Lexmark–Lexmark raised its bid for Swedish software company Readsoft for a third time, as it continues a bidding war for the company. The other bidder is Hyland, a software company based in Ohio.
Sears Holdings–Sears has an interested buyer for Sears Canada, according to the New York Post. Private equity firm Sycamore Partners is said to be considering a bid, after buying Jones Group, Talbots, and Hot Topic in recent months.
Toyota–The automaker reported better than expected profits for its latest quarter, thanks to higher sales in North America and Japan. But it cut its vehicle forecast for 2014 by 110,000 to 10.22 million.
—By CNBC's Peter Schacknow
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