MARKET PULSE-Spectrum Pharma, DTS, Dole Food, Boeing, Coach

Wed Mar 13, 2013 9:20am EDT
 
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March 13 (Reuters) - Some U.S. stocks to watch on Wednesday: (For more market insights, including options activity, click on ; for The Day Ahead newsletter link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/faq23t)

FUTURES TURN POSITIVE AFTER RETAIL SALES DATA

U.S. stock index futures erased earlier declines to turn positive after data showed retail sales rose more than expected in February. S&P 500 futures rose 1.4 points, Dow Jones industrial average futures added 6 points and Nasdaq 100 futures were up 0.5 point.

** SPECTRUM PHARMACEUTICALS, Tuesday close $12.43, down 41 pct premarket

The company forecast a steep drop in full-year sales as it expects uptake of its biggest-selling product, colon cancer drug Fusilev, to significantly decline as cheaper generics re-enter the market.

** VELTI PLC, Tuesday close $3.11, down 26 pct premarket   Continued...