April 26, 2013 / 11:35 AM / in 4 years

MARKET PULSE-Apple, Chevron, Lazard, DR Horton, Simon, Transcanada

(For more market insights, including options activity, click on ; for the Day Ahead newsletter link.reuters.com/mex49s)

April 26 (Reuters) - Some U.S. stocks to watch on Friday:

STOCK INDEX FUTURES FALL, FOCUS ON GDP DATA

Index futures pointed to a lower open on Wall Street, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 falling 0.1 to 0.3 percent.

** CHEVRON CORP, Thursday close $118.51

The second-largest U.S. oil company reports first-quarter results before market opens on Friday which are expected to show a dip in profit after production declined from a relatively strong fourth quarter.

** TYCO INTERNATIONAL LTD, Thursday close $31.08

The fire safety and security systems maker reported a 45 percent fall in quarterly profit as it took a $124 million charge, almost half of which was related to an environmental issue at a plant in Wisconsin.

** ABBVIE INC, Thursday close $44.24

AbbVie, the pharmaceuticals business spun off in January by Abbott Laboratories, is expected to post slight earnings growth, when it reports first-quarter results before market opens, as higher sales of its Humira drug for rheumatoid arthritis mostly offset plunging sales of its TriCor treatment for high triglycerides, now facing competition from cheaper generics.

** APPLE INC, Thursday close $408.38, down 0.3 pct premarket

Samsung Electronics Co Ltd grabbed more smartphone market share from archrival Apple in the latest quarter, with sales of its phones jumping to account for one third of the global market, research firm IDC said.

** WEYERHAEUSER CO, Thursday close $31.38

The forest products company reported a first-quarter net profit that more than tripled due to a recovery in the U.S. housing market, and said it expects higher volumes for all its wood products for the current quarter.

** LAZARD LTD, Thursday close $33.16

The investment bank reported a 40 percent fall in first-quarter profit, earning less from its financial advisory business in a subdued merger and acquisitions market.

** D.R. HORTON INC, Thursday close $24.53, up 5.2 pct premarket

The No.1 U.S. home builder, reported a 173 percent jump in quarterly profit and said orders for future sales rose 34 percent. Net income rose to $111.0 million, or 32 cents per share, in the second quarter from $40.6 million, or 13 cents per share, a year earlier.

** SIMON PROPERTY GROUP, Thursday close $176.01

The biggest U.S. owner of malls and outlet centers said funds from operations, a key earnings measure, rose in the first quarter, helped by higher occupancy, rents and sales at its malls and outlet centers, and beat estimates.

** TRANSCANADA CORP , Thursday close $48.74

Canada's largest pipeline company reports first-quarter earnings as the company awaits U.S. approvals for its controversial Keystone XL project. It should update its progress in building Keystone XL's southern link from Cushing, Oklahoma, to Nederland, Texas, and how much interest its planned east coast pipeline is receiving from oil producers.

** AMAZON.COM INC, Thursday close $274.70, down 3.2 pct after market

Revenue growth slowed in the first quarter as the world's largest Internet retailer struggled overseas, but margins jumped on lower shipping expenses and the expansion of more profitable new businesses.

** STARBUCKS CORP, Thursday close $60.50, down 3 pct premarket

It reported higher quarterly profit on Thursday that matched Wall Street estimates and it raised its full-year earnings forecast. But revenue was slightly below analysts' estimates.

** BAIDU INC, Thursday close $92.34, down 9 pct premarket

China's largest search engine will increase marketing expenditures for the rest of the year to counter competition from rival Qihoo 360 Technology, which may further put the brakes on profit growth.

** MICROS SYSTEMS INC, Thursday close $43.52, down 6.5 pct premarket

The company, which makes data management systems for retailers and hotel chains, reported much weaker-than-expected third-quarter results, as hardware sales grew a lacklustre 2 percent and software sales declined. Micros also cut its full-year outlook.

** VERISIGN INC, Thursday close $46.10, up 3 pct premarket

The issue of .com and .net Internet domains names reported a better-than expected quarterly profit as revenue rose 15 percent. Excluding items, the company earned 58 cents per share, on revenue of $236 million. Analysts expected an adjusted profit of 54 cents per share and revenue of 232.6 million, according to Thomson Reuters I/B/E/S.

** INTERNATIONAL GAME TECHNOLOGY, Thursday close $17.30, up 1 pct premarket

The slot-games maker on Thursday reported better-than-expected second-quarter results on higher revenue from its social gaming business, which more than doubled from a year earlier. The company, whose stock touched a year-high yesterday, also raised its full-year 2013 forecast for adjusted profit, prompting J.P. Morgan and another brokerage to raise their target price on the company's stock.

** ECHO GLOBAL LOGISTICS INC, Thursday close $19.08, down 8 pct after market

The logistics company cut its 2013 earnings forecast to between 78 and 84 cents per share from between 82 and 90 cents, and lowered its revenue outlook to $900 million to $940 million from $940 million to $980 million.

Analysts on average were expecting earnings of 85 cents per share on revenue of $960.6 million, according to Thomson Reuters I/B/E/S.

** J.C. PENNEY CO, Thursday close $15.24, up 7.2 pct after market

Billionaire investor George Soros reported a 7.9 percent passive stake in the struggling department store chain on Thursday.

** FREESCALE SEMICONDUCTOR LTD, Thursday close $14.55, up 8 pct after market

The chipmaker reported a much smaller-than-expected first-quarter loss and forecast upbeat second-quarter revenue, as demand from its Chinese customers improved.

** EXPEDIA INC, Thursday close $64.97, down 7.6 pct after market

The online travel agency reported a higher-than-expected first-quarter adjusted profit, but warned of a lower full-year profit from its discount travel website Hotwire due to higher car rental rates and increased competition.

** ALTERA CORP, Thursday close $32.93, down 2.2 pct after market

The programmable chipmaker posted revenue slightly below expectations in the first quarter and said it was beginning to see a recovery from a dip in demand from its communications and industrial customers.

** COINSTAR INC, Thursday close $55.03, up 5.8 pct after market

Coinstar raised its full-year adjusted profit forecast ON Thursday as it bets on a slate of movies scheduled to be released in the third quarter to boost its Redbox video rental business.

** PERKINELMER INC, Thursday close $34.47, down 11.7 pct after market

The maker of scientific instruments, diagnostic equipment and environmental safety monitoring products on Thursday reported lower-than-expected first-quarter profit and decreased its full-year forecast as difficult economic conditions and a stronger dollar hurt sales in Europe and Japan.

** SYNAPTICS INC, Thursday close $38.54, up 18 pct after market

The touchscreen chipmaker forecast current-quarter results far above analysts' estimates on Thursday and confirmed that it had won contracts from Samsung Electronics Co Ltd for its Galaxy S4 smartphone and Note 8 tablet.

** LOGMEIN INC, Thursday close $17.86, up 17 pct after market

The maker of remote-access software posted better-than-expected quarterly results as it won a record 37,000 paying subscribers, and the company forecast second-quarter revenue above analysts' estimates.

** INFORMATICA CORP, Thursday close $32.31, up 9 pct after market

** QLIK TECHNOLOGIES INC, Thursday close $23.85, up 14 pct after market

The business software makers reported better-than-expected quarterly revenue and raised their full-year revenue forecasts as enterprises spent more on integrating and analyzing data.

** THERAVANCE, Thursday close $30.92, up 6 pct after market

The company plans to split into two publicly traded U.S. companies, separating some of its most advanced respiratory drugs under development with GlaxoSmithKline Plc from its other biopharmaceutical operations.

** KLA-TENCOR CORP, Thursday close $55.90, down 5 pct after market

The chip equipment maker reported lower quarterly results on Thursday and said its outlook for the rest of the year has weakened due to manufacturers' concerns about the global economy.

** HOMEX DEVELOPMENT CORP , Thursday close $7.02, down 11 pct after market

The Mexican homebuilder's first-quarter profit and revenue fell sharply as it struggled with slowing home sales and a rising debt load, the company said on Thursday.

** H&R BLOCK INC, Thursday close $28.03, down 4 pct after market

The tax preparer said its share of tax returns prepared so far this year has remained essentially flat, compared with a year earlier, sending its stock down 9 percent after the bell.

** CIRRUS LOGIC INC, Thursday close $19.62, down 3 pct premarket

The audio chipmaker on Thursday reported fourth-quarter results above analysts' expectations, but brokerage Needham & Company cut its target price on the company's stock, citing lower revenue from Apple than "previously anticipated."

** MOLINA HEALTHCARE INC, Thursday close $33.23, up 3 pct in after-hours trade

The health insurer reported a first-quarter profit that was much above analysts' estimates, helped by a rate increase as its California health plan and better performance at the Florida, Texas, Ohio and Wisconsin health plans, among others.

** DECKERS OUTDOOR CORP, Thursday close $59.4, down 2 pct after market

The shoe maker, known for its UGG boots, on Thursday forecast a current quarter loss of about $1.10 per share. Analysts on average were expecting a loss of 96 cents per share, according to Thomson Reuters I/B/E/S.

Both Canaccord Genuity and ISI Group said investors were disappointed with the unexpected increase in first-quarter inventories and the second-quarter guidance. (Compiled by Sruthi Ramakrishnan in Bangalore; Editing by Joyjeet Das)

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