1.21%XLF 21.39 4.04%FRE 5.28 11.16%
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NEW YORK - Shares of Whole Foods Market Inc. may trade actively on Wednesday, after it said its quarterly profit fell on costs to integrate its Wild Oats acquisition.
The organic- and natural-food retailer recorded 6 cents per share in integration costs, due to the purchase of Wild Oats.
Meanwhile, color measurement technology company X-Rite Inc.'s chief financial officer left the company, after less than three months on the job. Shares rose sharply in Tuesday aftermarket trading.
Also, IAC/InterActiveCorp and Liberty Media Corp. have resolved a legal skirmish over plans by IAC to split into several parts. Liberty will drop an appeal it filed.
In March, a Delaware judge sided with IAC head Barry Diller on breakup plans. Liberty had been arguing with IAC for months over the breakups.
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