QCOM QUALCOMM Inc

By Francesca Fontana and Amrith Ramkumar 

Here are some of the companies with shares expected to trade actively in Thursday's session. Stock movements reflect premarket trading.

Qualcomm Inc. -- Up 2.8%: The wireless chip maker said it entered into a $16 billion accelerated stock-repurchase program, part of the previously announced $30 billion stock-buyback program announced in July.

Tesla Inc. -- Down 0.5%: Justin McAnear, vice president of world-wide finance and operation, is leaving the electric-auto maker, Bloomberg News reported late in Wednesday's session. Chief Executive Elon Musk also tweeted that Tesla customers might experience longer response times "due to a large increase in vehicle delivery volume in North America."

Boeing Co. -- Up 0.9%: Sales at Boeing's defense business are set to rise in 2018 after four years of decline, boosted in part by the Pentagon's plans to increase spending.

Kroger Co. -- Down 8.5%: The grocery chain reported second-quarter sales that were weaker than expected, though the company beat earnings expectations.

Fitbit Inc. -- Up 1.3%: Shares of the maker of wearable fitness devices fell 7.1% Wednesday after Apple Inc. unveiled its latest smartwatch, which adds an electrical sensor that gives the device electrocardiogram capabilities that allow it to measure a heart's electrical current in 30 seconds.

Altria Group Inc. -- Down 1.2%: The tobacco company rose 6.7% Wednesday, its largest one-day climb in nearly a decade, after the Food and Drug Administration said it is considering banning all flavored e-cigarettes.

Tailored Brands -- Up 9.9%: The parent of brands like Men's Wearhouse and Joseph A. Bank reported stronger-than-expected same-store sales for the most recent quarter.

Pivotal Software Inc. -- Down 26%: Pivotal gave full-year profit and sales targets roughly in line with Wall Street projections.

Hershey Co. -- Unchanged: Hershey plans to buy Pirate's Booty cheese puffs from B&G Foods Inc. in a $420 million deal, the companies said Wednesday. B&G shares are up 2.7%.

This is a version of the "Stocks to Watch" section of our Markets newsletter. To receive it every morning via email, click here.

Write to Amrith Ramkumar at amrith.ramkumar@wsj.com

(END) Dow Jones Newswires

September 13, 2018 09:31 ET (13:31 GMT)

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