U.S. Hot Stocks: Hot Stocks to Watch


Among the companies with shares expected to actively trade in Friday's session are Scientific Games Corp. (SGMS), Bally Technologies Inc. ( BYI ) and Procter & Gamble (PG).

Scientific Games agreed to acquire Bally Technologies for $83.30 a share in cash, in a deal that values the slot- machine maker at about $3.3 billion. Scientific Games shares surged 18.7% to $10.14 in premarket trading, while Bally jumped 30% to $78.20.

Procter & Gamble said its fiscal fourth-quarter profit rose 38% as the company continued to cut costs, while organic sales improved slightly. Shares gained 2.1% to $78.97 premarket.

Ford Motor Co.'s (F) July U.S. sales rose 10%, its best July sales in nearly a decade. Shares were up slightly to $ 17.05 premarket.

Chevron Corp. (CVX) said asset sales and demand for crude oil boosted its second-quarter earnings, though crude oil production slipped. Shares rose slightly to $129.35 premarket.

Hilton Worldwide Holdings Inc. (HLT) said its second-quarter earnings rose on strong revenue gains both domestically and abroad, and the company raised its full-year guidance.

CBOE Holdings (CBOE) said its second-quarter earnings slipped 6.4% as trading activity slowed down.

Calpine Corp. (CPN) swung to a second-quarter profit, as revenue improved and the year-ago period was weighed down by debt-extinguishment costs.

Clorox Co. (CLX) said its fiscal fourth-quarter earnings fell 7.1%, as the consumer goods company's sales of household and cleaning products declined.

KCG Holdings Inc.'s (KCG) second-quarter results fell below analysts' expectations as trading revenue declined from the previous period.

Burger King Worldwide Inc.'s ( BKW ) second-quarter profit topped Wall Street estimates, despite softer-than-expected same-store sales.

Telephone & Data Systems Inc. (TDS) and its U.S. Cellular Corp. (USM) unit swung to losses in the second quarter, as U.S. Cellular reported a revenue decline and it continued to lose its lucrative contract customers.

Starwood Hotels & Resorts Worldwide Inc. (HOT) increased its stock repurchase authorization to $1.5 billion and declared a special dividend of 65 cents a share.

Watchlist:

Alpha Natural Resources Inc. ( ANR ) said Thursday it intends to lay off 1,100 workers and close several plants in West Virginia amid the worst industry downturn in decades.

Ashland Inc.'s ( ASH ) third-quarter profit rose as the chemical company reported cost-savings from a global restructuring.

Bank of the Ozarks Inc. (OZRK) has agreed to buy Intervest Bancshares Corp. (IBCA) for $228.5 million, the latest and largest purchase by the Little Rock, Ark., bank.

Community Health Systems Inc.'s (CYH) second-quarter earnings rose 40% as the rural hospital operator's admissions and revenue got a boost from the acquisition of Health Management Associates.

Edison International (EIX) swung to a second-quarter profit as its Southern California Edison utility was helped by rate base growth and tax benefits.

Expedia Inc.'s (EXPE) second-quarter earnings rose 25% on continued growth in the online travel site's bookings and revenue.

LinkedIn Corp. (LNKD) continued its steady revenue growth in the second quarter, posting strong gains from advertising, subscription services and its flagship recruiting business.

Live Nation Entertainment Inc.'s (LYV) second-quarter profit fell 60% as concert attendance dropped and revenue declined. Company officials, however, say they expect another record year in 2014.

Public Storage's (PSA) first-quarter profit rose 6% as the real-estate investment trust reported higher rents and occupancy.

Southwestern Energy Co.'s (SWN) second-quarter profit fell 16%, hurt by beaten-down natural gas prices and higher operating costs, even as production rose.

Tesla Motors Inc.'s (TSLA) second-quarter loss doubled compared with a year earlier to $62 million due to higher spending on overhead, sales expansion in China and on research and development for its next model.

Trulia Inc.'s (TRLA) second-quarter loss widened as the online real-estate information company's costs outpaced revenue growth.

Western Union Co.'s (WU) second-quarter earnings edged down 2% on higher costs, partly tied to actions to strengthen its consumer money transfer business.

YRC Worldwide Inc.'s (YRCW) second-quarter loss narrowed as the trucking company's revenue benefited from improved pricing and increasing demand.

Write to Tom Rojas at tom.rojas@wsj.com and Maria Armental at maria.armental@wsj.com

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